With growing demand for electronic devices in daily life and the ongoing digital transformation of operations across industries, semiconductors have become a critical component across all sectors. For many years, India primarily imported finished products such as smartphones, computers and robotic devices. However, recent initiatives/schemes by the Government of India…
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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…
BRSR: Enabling Industry to Contribute to the Sustainability Agenda
Understanding and aligning with dynamic global regulations and compliance is essential for any organisation to remain competitive and ensure long-term sustainability. At the same time, stakeholders are increasingly pressing organisations to adopt sustainable and inclusive business practices. ESG reporting frameworks have become critical for the Industry’s sustainability and resilience strategies,…
More Investments, Increased Employment and Wage Growth Expected in 2025: CII Industry Survey
The private sector in India has long been an indicator of the overall economic health of the country. Looking at the trends of investments, employment and growth in wages in the private sector helps understand the economic policies, capex formation, and expected GDP outcomes. The Confederation for Indian Industry (CII),…
Industry 4.0 Adoption: Paving the Way for Indian Manufacturing
India is at the cusp of an industrial transformation fueled by Industry 4.0 technologies such as IoT, AI, robotics, and advanced analytics. The Confederation of Indian Industry (CII), in collaboration with KPMG, has presented a comprehensive report titled Industry 4.0 Adoption and Strategic Roadmap for Indian Manufacturing. This report provides…
Industry 5.0 and Technology: Opportunities and Challenges
The global industrial landscape has undergone transformative changes over the past decades, moving from mechanization in Industry 1.0 to the automation and data-driven systems of Industry 4.0. As we step into Industry 5.0, the focus shifts to integrating human creativity, critical thinking, and values with advanced technologies like artificial intelligence…
Key Trends and Industry Sentiments: Insights from CII’s 128th Business Outlook Survey
The Business Outlook Survey by CII (Confederation of Indian Industries) is a quarterly update on the prevailing industry sentiments on multiple parameters, as well as a general outlook for the economy. Over the years, the report has come to become a vital resource in discussions surrounding the Indian economy. The…
A Blueprint for India’s Research Future: Strengthening Industry-Academia Partnerships
In the global competition for innovation and economic leadership, research & development (R&D) has become a crucial factor driving progress. In India, where industrial growth and academic excellence are yet to fully align, collaboration between academia and industry remains crucial and unexplored. The success of India’s innovation ecosystem relies on…
PM addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference by the Confederation of Indian Industry (CII)
The Prime Minister, Shri Narendra Modi addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New Delhi today. The conference presented the outline for the Government’s larger vision for growth and the…
Industry hopes for sustained growth, competitiveness & building inclusion
The Union Budget 2024-25 has a special significance. It comes at a time when the Indian economy is in top gear, having clocked a stellar 8.2 per cent growth for 2023-24. The forthcoming Budget should sustain this growth momentum. Being the first Budget of the new government, it should set…