11 Jan 2020 The journey of the Confederation of Indian Industry, CII, commenced 125 years ago in 1895, when 5 engineering firms came together to form the Engineering and Iron Trades Association (EITA) to garner orders from the then Government for companies based in India. EITA became the Indian…
Browsing CategoryIndustry
Mining Industry – Don’t Undermine the Sector
10 Jan 2020 Recent policy announcements in the mining sector, such as doing away with end-use restrictions in coal mining and extending the validity of clearances for mining leases expiring in 2020, could result in a paradigm shift. Earlier this week, the Union Cabinet approved the promulgation of the Mineral…
Redefining MSMEs will give the sector a boost
09 Jan 2020 A turnover-based classification will allow MSMEs to invest more in tech. This will help improve their competitiveness Micro small and medium enterprises (MSMEs) have always been vital in the socio-economic development of India. Spread across both urban and rural areas, MSMEs produce a diverse range of products…
Future of Manufacturing
08 Jan 2020 Over the last few years, connected technologies have made inroads into all major industries and are set to disrupt the manufacturing sector too. The fourth industrial revolution, also termed ‘Industry 4.0’ (or I4.0) is about using emerging technologies like Internet of Things (IoT), Industrial Internet of Things…
Business, Not Just Charity, Begins at Home
30 Dec 2019 “Maybe you are searching among the branches, for what only appears in the roots.” – Rumi The collective verses the individual, the ‘We’ versus ‘I’ – the values that are propagated not just by spiritualists but by Business Gurus also form the bedrock of family businesses that account…
The CII Big Picture Summit: Perspectives on India’s M&E Industry
12 Dec 2019 India’s Media and Entertainment (M&E) industry is one of the country’s champion sectors as declared by the Government of India. It has many achievements it can be proud of. One of these is its far-reaching impact not only by way of influencing people, but also employment: it…
Towards a Sustainable Construction Equipment Industry
09 Dec 2019 With global warming emerging as the new buzzword and climate change problems causing growing concern among people worldwide, many industries are bolstering their efforts to become environmentally conscious; the Construction Equipment (CE) industry too isn’t far behind in this journey. According to a recent report of…
Recommendations for Capital Goods industry
28 Nov 2019 The capital goods sector serves all sectors of the manufacturing economy. A robust, efficient and technologically-advanced capital goods sector can provide a boost to overall manufacturing in India. The Government envisions to become a $ 5 trillion economy in the next 7 years from the current $…
Recommendations for Pharmaceuticals industry
27 Nov 2019 The Indian pharma industry, along with biotechnology, has the potential to grow to $ 200 billion by 2025. CII recommends the following measures to tap this potential. Short-term Measures 1. Industry Image and Quality Every third pill swallowed in the US is from India, and the case…
Recommendations for Textiles and Apparel industry
25 Nov 2019 The textiles and apparel industry is one of the largest employers in India’s manufacturing sector, employing over 45 million workers. Given the intrinsic labor-intensive nature of textiles manufacturing, this sector holds tremendous potential for future employment which could go up to 62 million by 2022 with an…