The Prime Minister, Shri Narendra Modi addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New Delhi today. The conference presented the outline for the Government’s larger vision for growth and the…
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Industry hopes for sustained growth, competitiveness & building inclusion
The Union Budget 2024-25 has a special significance. It comes at a time when the Indian economy is in top gear, having clocked a stellar 8.2 per cent growth for 2023-24. The forthcoming Budget should sustain this growth momentum. Being the first Budget of the new government, it should set…
One Nation One Tax: GST and the Steel Industry
One Nation One Tax: GST and the Steel Industry ‘GST: One Nation, One Tax’ was conceptualised way back in the year 2000. The objective was to replace the prevailing complex and fragmented tax structure with a unified system that would simplify compliance, reduce tax cascading and promote economic integration. With…
Industry Ready Workforce: An Urgent Priority
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Priorities for COP 28: Indian Industry Perspective
As we approach COP28, the world finds itself in the midst of a polycrises. We are facing an unparalleled global energy crisis, complex geopolitical challenges stemming from the aftermath of the pandemic while loss and damage due to extreme weather events caused by climate change continue to mount. This convergence…
Climate Innovation in Industry: A Technological Odyssey
In the pursuit of a sustainable future, climate innovation has become a focal point for industries worldwide. As the impacts of climate change intensify, businesses are increasingly turning to cutting-edge technologies to mitigate environmental challenges. The climate technology market is experiencing a transformative surge. According to Statista, the global climate technology market was valued at USD 20.34 billion in…
Weaving Threads of Transformation Across Indian Textile Industry
The global textile industry is on the brink of significant transformation, marked by dynamic shifts in consumer preferences, sustainability imperatives, and technological innovations. To unlock the full potential of this sector and to overcome the various challenges it faces, it is imperative that the central and state governments collaborate closely…
India’s Booming Electric Vehicle Industry
Electric vehicles (EVs) have emerged as a beacon of hope in a world where environmental challenges loom large. With their promise of cleaner, more sustainable mobility, EVs are key players in the fight against climate change and urban pollution. India’s EV Industry is on the verge of a transformative journey,…
Robotic Process Automation in Manufacturing: A Catalyst for Industry 4.0
30 Sep 2023 Industry 4.0 represents a paradigm shift in manufacturing. It is characterized by the seamless integration of various cutting-edge technologies, including the Internet of Things (IoT), Big Data, AI, and cloud computing, into manufacturing processes. One technology that has emerged as a transformative force in this arena is…
B20 Powers G20 Declaration: Creates Avenues for Industry
India saw a hugely successful G20 summit, capping an intensive year where it shaped the narrative for the global economic policy-making body. G20 brought the world to India, showcased our economic dynamism and technological prowess, and opened new horizons for sustained growth. Given the many challenges confronting the global economy…