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Category Archives: CII

New Electronics Policy soon | IT Minister

New Electronics Policy

The draft National Policy on Electronics 2018 which has undergone wide consultations so far will be finalised and taken up by the cabinet very soon. While announcing this today, IT Minister Shri Ravi Shankar Prasad said, the Government is pushing the country for $1 trillion digital economy. With the focus on export-oriented initiatives in electronics, the… Read More

MSME definition needs to be refined to enhance global competency | CII

CII

MSMEs  contribute to 95% of the enterprises in the country with 40% of the total international exports. To improve its capacity and competency, it needs to interact with the international  supply chain. With this as the background, the Confederation of Indian Industry organised the 15th Global SME Business Summit with the theme “Building Partnerships through… Read More

CII recognizes Top 25 Innovative Companies 2018

CII

Research and Innovation is the way ahead for India to become the knowledge power and an innovative nation in the global community and all the stakeholders need to work hand in hand to create a great impact” says Dr Arabinda Mitra, Scientific Secretary, Office of the Principal Scientific Advisor to Government of India.

Innovation has been recognized as an engine… Read More

Fastracking roadmap for food processing industries 2.0

Department of Food Processing Industries

The food processing sector presents a great investment opportunity as India’s domestic food market is one of the largest and yet a rapidly growing one. It is one of the largest industries in India, ranked 5th in terms of production, consumption, export and expected growth.  The Indian food industry is currently valued at US$ 39.71 billion and is expected to … Read More

14th CII Annual Tourism Summit 2018

CII

Minister of State for Tourism, Mr KJ Alphons addressed the 14th CII Annual Tourism Summit 2018 on 7th December 2018 at New Delhi. He began with the statement that there is a huge need to push tourism in a bigger way. He highlighted that this sector had created 13.92 million jobs in the last 1 year – therefore this is a great job creator.

He laid down very clear… Read More

Indian industrial Valves market to witness a CAGR of 5.9% from 2018 to 2023

CII

Growth prospects are bright for the Indian Valves industry, with the potential being one of doubling the industry’s turnover from US $ 2 Bn to US $ 4 Bn within the next 5 years. This was the knowledge takeaway from the CII Valves Conference 2018, “Building Brand India: Opportunities and Challenges”. The Hon’ble Prime Minister’s ‘Make in India’ initiative is… Read More

Large scale production for Global value chains required for Textiles | Amitabh Kant

NITI Aayog

Mr. Amitabh Kant, CEO, NITI Aayog identified key steps needed to be taken to make Indian textiles globally competitive: “We need to focus on large scale production and enter global value chains through collaborations with international brands”. He was speaking at the 10th CII Conference on Textiles and Apparel Industry – Texcon ’18, organised by… Read More

Indian FMCG sector gaining momentum in new cohorts | CII

Indian FMCG

The CII National FMCG Summit held in Mumbai today took off to a great start with Mr. Nitin Paranjpe, President, Foods and Refreshment Division, Unilever delivering the keynote address.  He said that our world today is defined by extreme polarization, anti-globalization with protectionism raising its head, changing notions of value and increasing impatience… Read More

MSME definition needs to be refined to enhance global competency | CII

CII

MSMEs  contribute to 95% of the enterprises in the country with 40% of the total international exports. To improve its capacity and competency, it needs to interact with the international  supply chain. With this as the background, the Confederation of Indian Industry organised the 15th Global SME Business Summit with the theme “Building Partnerships through… Read More

New Electronics Policy soon | Ravi Shankar Prasad

Ravi Shankar Prasad

The draft National Policy on Electronics 2018 which has undergone wide consultations so far will be finalised and taken up by the cabinet very soon. While announcing this today, IT Minister Shri Ravi Shankar Prasad said, the Government is pushing the country for $1 trillion digital economy. With the focus on export-oriented initiatives in electronics, the… Read More

India to set pace in demand and value addition with new Chemical Policy

CII

The demand for petrochemicals will jump for 30 to 40 million tons in next three years. Considering the feedstock requirement gaps, the country will urgently need at least five new integrated cracker plants, each with 1.5-million-ton capacity before 2025. That will work for at least 20-30% of value addition for the feedstock requirement and serve the increasing… Read More