04 Jun 2017 Ten years ago, CII and ITC joined hands to create a unique institution with an unusual but visionary agenda. When the CII-ITC Centre of Excellence for Sustainable Development was born a decade ago, “sustainability” was barely a footnote in the pages of corporate thought and strategy, more so…
Posts Written ByCII Team .
Industry 4.0 : Change is Inevitable!
29 May 2017 Big Data and AI (artificial intelligence) are changing the manufacturing sector making it safer, faster, and potentially error free. Managing Director, Lincoln Electric, S Sundarram expounds on these trends. Big Data and AI will play a huge role in Industry 4.0 as the 4th industrial revolution will…
Policy Focus
29 May 2017 1.Cabinet approves setting up of Rail Development Authority The Union government has approved the setting up Rail Development Authority (RDA), an independent regulator to recommend passenger and freight fares and set service level benchmarks. Setting up of RDA will help improve the services offered to passengers, provide…
India-Russia Trade and Investment Relations
28 May 2017 Russia has been a long standing, significant partner of India and the relationship with Russia forms a cornerstone of India’s foreign policy. Russia has assisted India in major development projects such as the multipurpose dam at Bhakra Nangal, the steel plant at Bhilai and IIT Mumbai. India’s…
Fast-tracking outreach programmes through mass adoption of technology
23 May 2017 While technology firms are venturing into the payments and financial services industry, banks today are constantly upscaling and adopting technologies to reach out to untapped masses. This is blurring the lines between FinTech companies and traditional banks. 1. Rural segment Banks across the domestic and international segment…
FinTech innovations to drive financial inclusion
21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…
The Corporate Stress Facet of India’s Twin Balance Sheet Problem
15 May 2017 India’s economic growth remains resilient, with official projections of FY17 Gross Value Added (GVA) growth at 6.9 per cent, and RBI forecasting an uptick in FY18 growth to 7.4 per cent. The pressing issue now is to sustainably accelerate India’s growth up to 8 per cent and…
Select Smart Manufacturing: Technology enabled manufacturing Smart Manufacturing: Technology enabled manufacturing
11 May 2017 Over last few years, the world is increasingly making use of technologies in diverse fields. Products and services are being offered in innovative new platforms which are more efficient and integrated. At the same time, technological advancements are leading to reorganization of delivery of societal goods like…
Indian investment in the UK: the big picture
10 May 2017 The deep economic relationship between India and the UK continues to flourish. In 2016, approximately 800 Indian companies were operating in the UK, accounting for around 110,000 jobs and recording combined revenues of £47.5 billion. The strength of the ties between the two countries is confirmed by figures…
Demonetization: A Bold Economic Reform
27 Apr 2017 An unexpected currency swap drive was launched on 8 November last year, as a part of which all 500 and 1000 rupee notes were demonetized as legal tender and were to be exchanged for new tender in 500 and 2000 rupee denominations. This move, which removed 86%…