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 $…
Browsing CategoryIndustry
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…
Recommendations for Steel industry
24 Nov 2019 India’s steel sector grew at around 6.8% in the April-June 2018-19 quarter, while the growth of crude steel production was around 3.5%. Imports, including those of semi-finished goods, have fallen by 13%, and finished goods by around 9%, y-o-y. Exports have declined by 27%. Steel prices have…
Recommendations for Food Processing industry
23 Nov 2019 The food processing sector is one of the largest employment creators, especially of non-farm jobs in rural areas. It boosts farm incomes, reduces agri produce wastage, and contributes to exports. CII recommends several measures to boost this important sector. Short-term Measures 1. Rationalization of GST Rates: A…
Recommendations for Chemicals and Petrochemicals industry
17 Nov 2019 ndia is the sixth largest producer of chemicals globally. The sector is at present valued at $150-155 billion and is growing at 8-10% annually. It provides employment to 7.5 lakh people, and accounts for a little over 2% to India’s GDP. CII has identified certain key issues…
Recommendations for boost Mining industry
16 Nov 2019 Mining is one of the core sectors of the Indian economy and is a lifeline for many industries, which thrive on raw materials. The mining sector’s contribution to the country’s GDP has come down from 3% to 2.2% in the last 5 years. In 2017- 18, the…
Developing India’s Infrastructure: Government-Industry Partnership
09 Nov 2019 The Indian infrastructure industry is one of the primary growth drivers of the economy and the country’s second largest employer. Along with the capital goods sector, it aids capital formation and boosts growth, adding around 2-3% to Indian gross domestic product (GDP) every year. With higher…
Community Development – Senior Care
30 Oct 2019 Longevity seems to be increasing across the world and the proportion of the world’s population of over 60 years of age is expected to double from about 12% to 22% by 2050. Every country now needs to ensure that their health and social systems are ready for…
New Material for the Commercial Construction Industry
11 Oct 2019 A nation’s progress and economic well-being is inextricably linked to future construction activity. Yet, environmental concerns are today leading to questions on how construction can align with imperatives of sustainability. Happily, new research is helping the construction sector to look at alternatives beyond the traditional modes. Given…