The Confederation of Indian Industry (CII) is committed to creating a robust, impactful, and conducive sustainable ecosystem for the country. In 2023, CII introduced the National Circular Economy Framework (NCEF) as a pivotal step towards achieving a sustainable, resource-efficient economy. This initiative emerged from a collaborative effort between the government,…
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Battery recycling in the era of electric vehicles (EVs) and battery energy storage systems (BESS)
Amidst India’s ambitious transition towards sustainable practices and large scale adoption of electric vehicles (EVs) and battery energy storage systems (BESS), the need for effective battery recycling is critical. According to a report by NITI Aayog, cumulative stock of lithium-ion batteries in India is projected to reach 600 GWh by…
The US Visit, Viewed Through Industry’s Business Lens
Prime Minister Narendra Modi’s brief and official working visit to the United States last week was significant in many ways, reiterating the strong bonds between the two nations and igniting a new momentum in the economic relationship. The visit was replete with productive outcomes for industry of both sides, with…
Women in Services Sector: Excellence Naturally
Beyond Barriers: Women Shaping the Future of the Services Sector Women have long been the backbone of economic progress, contributing significantly across industries. Yet, despite their increasing participation in the workforce, leadership roles remain elusive. While female labour force participation has seen an increase in several countries, systemic challenges such…
Pumped Hydro Storage (PHS) for Energy Solution
India is at a crucial juncture in its energy transition journey, with ambitious targets of achieving 500 GW of non-fossil energy capacity by 2030, and net zero emissions by 2070, the country is working hard to enhance its energy security and emerge as a global leader. A critical component of…
Indo-Indonesia: A Growing Strategic and Economic Alliance
For thousands of years, India and Indonesia have shared deepening ties as two ancient civilizations. With notable references in the Ramayana and Mahabharata, it is evident that the two nations have maintained close connections for centuries, spanning both cultural and commercial exchanges. As dynamic economies, India and Indonesia share common…
Learnings for India from Chief Economists Outlook January 2025
2025 promises to be an eventful year for the global economy as can already be seen from the volatility in the markets, changing power dynamics and historic policy decisions. In this backdrop, the Chief Economists Outlook, published by World Economic Forum offers some great insights on the emerging contours of…
Basic Digital Practices to Enhance Business
Basic digital practices to enhance business Clear and open communication is essential for building trust and fostering relationships within an organization, which are critical for a successful digital transformation. Discussing the digital transformation strategy and providing employee training sessions prepares teams for the changes ahead and ensures alignment throughout the…
Ease of doing business gets fresh impetus
Over the past decade, the government has consistently demonstrated its commitment to improving the Ease of Doing Business (EoDB) in India by rationalising regulatory burdens and promoting a more business-friendly environment. The government’s efforts in the past have already led to the rationalisation of over 40,000 compliances at the pan-India…
Fuelling the growth engines with reforms
In her eighth consecutive Budget, a first in independent India, the Finance Minister has presented a timely document that addresses the short-term challenges faced by the Indian economy while maintaining focus on the long-term goal of making India a developed country by 2047. After three years of robust growth, FY25…