India is undergoing an entrepreneurial renaissance, fuelled by a collective resolve to transform the nation into a global hub for innovation and technology. At the heart of this transformation lies the Startup India initiative, which has played a pivotal role since its inception in 2016 in empowering startups through enabling…
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National Startup Day: Celebrating India’s Entrepreneurial Spirit
National Startup Day, observed every year on January 16th, honours the creativity, resilience and determination of India’s entrepreneurs. The Confederation of Indian Industry (CII) extends its warm wishes to every stakeholder in the startup ecosystem—founders, investors, enablers, corporates, and policymakers—whose collective efforts have propelled India’s emergence as a global hub…
How Hospitality and Tourism Can Shape India’s Workforce
Tourism in India has grown remarkably over the past two decades, driven by Government’s initiatives to boost domestic as well as international tourism. Significant investment in infrastructure development, adventure and sustainable tourism and global branding has helped India achieve this growth. As the sector flourishes, the demand from the workforce…
Build on momentum of Aussie trade pact
A Historic Relationship with a Dynamic Future India and Australia have long shared a relationship rooted in history, democratic values and mutual respect. Both nations, members of the Commonwealth, operate under similar legal frameworks and parliamentary democracies. But it is their economic partnership that has recently taken centre-stage, setting the…
The road to ViksitBharat and How India can beat the Middle-Income Trap
India has set an ambitious target of becoming a developed nation by its 100th year of Independence in 2047. This comes at a time when global trade and capital flows are getting impacted by geopolitical tensions and global climate goals necessitate a low carbon growth path. As per the World…
EMPOWERING URBAN INDIA: SMART CITIES IN A NEW ERA OF DEVELOPMENT
The Need for Urban Development With rapid growth in urbanization, an increasing number of people are migrating to cities in search of better opportunities. This has resulted in conurbations scaling up the economic development of those regions and ultimately contributing majorly to the GDP. Projections indicate that by 2031, around…
Time to boost demand drivers of growth
Booster Dose, Increased allocations towards PM-KISAN and MGNREGA in the upcoming Budget can spur growth Amidst global uncertainties, the Indian economy has demonstrated remarkable resilience, with its real GDP averaging 8.3 per cent in the last three fiscal years. However, a few signs of moderating economic momentum have emerged, as…
BUILDING A PATH FOR SAFER, SUSTAINABLE, AND FUTURE-READY ROADS IN INDIA
In India’s dynamic infrastructure landscape, roads and highways are the arteries that fuel economic progress. Over the past decade, India has made tremendous strides in the development of its road network. According to the Ministry of Road Transport and Highways, India now boasts 1,46,126 km, (as of 25 July 2024)…
CII Recommendations for India’s Priority Sector Lending Framework
CII’s Call for Reforms in PSL Framework The Confederation of Indian Industry (CII) has proposed reforms in India’s Priority Sector Lending (PSL) framework and has asked for more Development Finance Institutions (DFI). The Importance of Priority Sector Lending Priority Sector Lending (PSL) is a vital policy tool in India, aimed…
Unlocking the Potential of India’s Agriculture
Indian agriculture has undergone a significant transformation over the decades, emerging as a robust contributor to the nation’s economic growth and global trade. Through remarkable strides in production, diversification in exports, and innovative farmer-market linkage models, the sector has demonstrated resilience and adaptability. Private sector participation has further catalyzed this…