Category Archives: CII
CII Welcomes Positive Amendments to Defence Procurement Procedure (DPP)

CII welcomes Defence Acquisition’s Council’s (DAC) approval of new industry friendly provisions of Defence Procurement Procedure (DPP). CII recommendations, including level playing field, fast tracking of procurement and preference in procurement from indigenous sources have been accepted and included in the revised DPP. These provisions include… Read More
Andhra Pradesh offers tremendous opportunities for Investors: CII Summit

Over the last one year, we have seen states compete for investments, and as an investment destination Andhra Pradesh has two great assets: a very high level of entrepreneurship of the Telugu people, and the leadership – focused, conscious of challenges but determined. It is a state moving ahead with determination, said Mr Arun Jaitley, Minister of Finance … Read More
Growth of Large Enterprises closely tied to SME Growth -Dr Arvind Panagariya

Speaking at the Opening Session of the Global SME Business Summit, organised by CII, Dr. Arvind Panagariya, Vice Chairman, NITI Aayog, said that enterprises with less than 20 employees comprise of 73% of employment generation in the manufacturing sector. 88% of manufacturing output however is churned out by enterprises employing greater than 20 workers.… Read More
RBI to Support NBFCs by Approving New Variants: RBI Deputy Governor

For development needs of the nation RBI will continue to approve of new types of NBFCs. Myth that NBFCs compete with Banks, they complement them. CII BCG whitepaper on the NBFC sector released.
The Non-Banking Financial Companies sector, NBFCs received a major boost today at the Confederation of Indian Industry – CII’s 1st NBFCs Summit with the theme ‘Regulato… Read More
GITA Technology Development Board runs in partnership with CII

The Global Innovation & Technology Alliance (GITA) which the Technology Development Board (TDB) runs in partnership with the Confederation of Indian Industry (CII) is an innovative funding mechanism for cross-border technology development through partnerships between industry and academia between India and other countries. This was stated here… Read More
Roadmap to ensure access to reliable & affordable energy essential for Energy Security

“Energy security is an important area in the Indian policy making domain and energy is an inevitable component of our lifestyle. In the present day, all strata of people are dependent on energy and it is important for leadership to decide on a development model whichbalances carbon reduction and also ensuresaccess to power at an affordable price,” said Mr Dharmendra… Read More
Suresh Prabhu Announces Winners of the CII-ITC Sustainability Awards 2015

Mr Suresh Prabhu, Union Minister of Railways recognised the winners for Excellence in Sustainable Business at a special presentation of the CII-ITC Sustainability Awards 2015 in New Delhi .
The Awards are a part of the CII-ITC Centre of Excellence for Sustainable Development’s continued efforts to create awareness, promote policy and practices, and create… Read More
Consolidated Procurement Model can reduce costs : MoRD

Cement Industry is one of the essential sectors for economic growth pivotal for the growth of other social, agricultural and industrial activities. The government’s focus on building infrastructure will support in translating into double digit growth for demand for cement as various schemes and initiatives announced by the government gather steam, said… Read More
Health Minister invites Private Sector to contribute in Health Sector of India

“In spite of several challenges in the health sector in the country, our vision is to provide universal health coverage i.e. ensure universal access to quality healthcare that they need without financial hardship for our citizens”. This was stated by Shri J P Nadda, Union Minister for Health and Family Welfare at the 12th India Health Summit, an annual flagship… Read More