India’s Micro, Small and Medium Enterprises (MSMEs) sector has long been the backbone of the economy. From small family-run businesses and kirana stores to emerging digital-first enterprises, MSMEs have traditionally focused on survival amid economic uncertainties. On International MSME Day 2026, the sector finds itself at a defining inflection point.…
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India’s Transformative Decade: Driving Inclusion, Competitiveness and Growth
As India completes twelve years under the leadership of Honourable Prime Minister Shri Narendra Modi ji, it is an apt moment for Industry to reflect on a defining phase in the country’s economic evolution. This period has witnessed a structural transformation across sectors, driven by reforms, digitalisation, infrastructure development, and…
A Truer Mirror for a Transformed Economy: Why CPI Rebasing Matters for Indian Industry
The release of India’s revised Consumer Price Index with base year 2024 on 12th February by the Ministry of Statistics and Programme Implementation (MoSPI) marks a defining moment for economic measurement in India. This is not merely a technical exercise in statistical housekeeping. For industry, it represents a fundamental recalibration of the lens through which…
CII Market Facilitation Services (MFS): Industrial Robots for Strengthening India’s Automation-Led Growth Trajectory
Industrial robots and advanced automation systems are emerging as central pillars of India’s smart manufacturing journey. Supported by digital transformation, government-led initiatives, and growing industry investment, India is steadily strengthening its position in the global industrial automation landscape. The trade performance of industrial robots, classified under HS Code 847950, offers…
Role of Construction Equipment in Nation Building and its Future
India’s infrastructure expansion is entering a period of unprecedented growth and strategic importance. As the nation accelerates towards the vision of Viksit Bharat 2047, the demand for more highways, efficient logistics systems, ports, airports, metros, industrial corridors, and resilient urban spaces is reshaping the country’s economic trajectory. At the heart…
ADVANCING TAX CERTAINTY AND COMPETITIVENESS: A REFORM AGENDA FOR INDIA’S NEXT PHASE OF GROWTH
As India prepares for the Union Budget 2026–27, the moment calls for a decisive shift from incremental tax changes to deep, structural reforms in tax administration. In an increasingly competitive global environment, a predictable, efficient, and non adversarial tax regime is no longer merely an enabler of compliance; it is…
Growth Looks Robust
India’s Q1 FY26 GDP growth of 7.8 per cent is more than a headline number. It is a reaffirmation of India’s resilience, reform-driven momentum, and a clear sign of renewal at a time when the global economy is caught in turbulence. The composition of this growth is encouraging: The strong…
Resilience in the Digital Age
In an era where digital transformation is redefining how businesses operate, the threat landscape is evolving just as rapidly. Cyber resilience is no longer confined to the IT Departments of companies, but has moved to their boardrooms and c-suites as well. Cyber risks are not just operational hazards of businesses,…
A new partnership with Middle Earth
As many as 28 nations bordering the Mediterranean Sea were recently represented in a new partnership between India and the region. Businesses from both sides explored potential cooperation in defence production, maritime and manufacturing, among others. Historic Trade Synergies Between India and the Mediterranean Ancient synergies have marked the traditional…
Budget 2024: Right recipe prepared for jobs with proposals to facilitate employment, skilling of youth
The Economic Survey 2023-24 estimates that India needs to generate about 78.5 lakh non-farm jobs annually until 2030 to gainfully employ the Indian youth entering the workforce. With proposals to facilitate employment, skilling and other opportunities for 4.1 crore youth over the next five years, the Union Budget 2024-25 will…