The total investment in R&D in India is estimated at about Rs 1.3 trillion in 2023-24 with about 57.0 per cent of funding from public sources. Close to 60.0 per cent of this Government funding is by strategic departments of the Government which include the Defence Research and Development Organization…
Search Results For“industry”
India & Asia’s Railway Revolution
Rapid economic growth and expanding mobility in Asia is slowly reshaping global trade and production networks. For Asia’s expanding transport sector to meet its commitments for the 2030 Agenda for Sustainable Development and Paris Agreement, the focus on railways in the transport sector is a much-needed economic and environmental imperative.…
The Ascent of India’s Chemical Sector
India overtaking Japan as the fourth largest economy brings to the fore its dynamism as the fastest growing major economy in the world. At the heart of this industrial advancement lies the chemical sector – a critical industry that is emerging as one of the key players driving the nation’s…
A Game-Changer for India’s Growth and Inclusivity
The much-anticipated Goods and Services Tax (GST) 2.0 marks a defining moment in India’s economic journey. Far beyond a fiscal adjustment, it is a bold reform aimed at catalyzing domestic consumption, stimulating private investment, and accelerating GDP growth. Coupled with earlier cuts in income tax rates, the GST rationalization comes…
Treat Employment as National Priority
India is the most populous and one of the youngest countries in the world. CII estimates suggest that over the next 25 years, India will add around 133 million people to its working-age population (15–64 years), which is close to 18 per cent of the total incremental global workforce. However,…
India’s Labour Codes: Transformative step towards inclusive economic growth
Land and labour are foundational to Indias growth while land drives infrastructure and industrial development, labour fuels productivity and inclusion. In this context, Indias new Labour Codes mark a transformative step, consolidating 29 laws into a modern, unified framework that ensures clarity, consistency, and equity in the world of work.…
30th CII PARTNERSHIP SUMMIT 2025: Technology, Trust and Trade
Amid global economic uncertainties, India continues to position itself as one of the fastest-growing major economies over the next two years. According to the International Monetary Fund (IMF), India’s economy is expected to grow by 6.2% in 2025 and 6.3% in 2026, maintaining a solid lead over global and regional…
The Future of Green Freight in India
India stands at a pivotal movement in its freight transformation journey. With mounting pressure to decarbonize and a growing demand for sustainable supply chains, India’s logistics sector is undergoing a sideways shift. The sector aims to integrate sustainability into daily operations, while shaping the future of freight through strategic direction…
ACCELERATING COMPETITIVENESS: IMPERATIVE FOR GROWTH
India has emerged as a symbol of growth and resilience at a time when the global economy is navigating unprecedented challenges. Geopolitical tensions, economic fragmentation, increasing protectionism, and the weaponisation of trade are reshaping the contours of international commerce. At the same time, climate change, resource constraints, and technological disruptions…
BUILDING A VIKSIT BHARAT
The Indian economy is expected to grow between 6.4 and 6.7 per cent in FY26, according to the estimates of the CII Growth Model. Thus, India is likely to remain the world’s fastest growing big economy this year as well. This is an indicator of our country’s remarkable resilience amid…