14 Jul 2020 The tourism and hospitality industry contributes significantly to the Indian economy and accounts for 9.2% of the country’s GDP. It employs close to 8.1% of the population, with the total contribution to forex at approximately USD 28 billion. The significance of the industry to the nation’s economic…
Search Results For“industry”
Industry Engagement in Managing Disasters
29 May 2020 Varying climatic conditions and changing patterns are making India susceptible to disasters, be it natural or man-made. Floods, cyclones, landslides, and earthquakes, among others, are some of the natural disasters that beset the country from time to time, while unforeseen events such as accidents and now, the…
Government package to help Industry regain its Mojo
15 May 2020 Covid-19 has altered the entire economic paradigm like no other event. The global economic fallout is worsening by the day and countries across the world are grappling with the economic challenges. The ensuing battle against Covid-19 is expected to be a long-drawn one and its attendant economic…
Cyber Security in the Industry
01 May 2020 With an ever-expanding population of internet subscribers, India is one of the fastest-growing digitising economies in the world. While the digital revolution has opened a new set of opportunities for businesses, cyber threats have also increased, and become more sophisticated, with technological advancements. From viruses in the…
COVID 19 Best Practices by Indian Industry
03 Apr 2020 COVID-19 has been declared as a global pandemic by World Health Organization (WHO) and identified as a ‘Notified Disaster’ by Ministry of Home Affairs. The disease, since its outbreak in the end of 2019 in the wet market of Wuhan, China, has taken the world by storm,…
Start-ups Transforming the Automotive Industry in India
11 Feb 2020 The Indian automotive industry is at the cusp of a significant transformation with respect to its sustainable growth and profitability. As per the Automotive Mission Plan 2016-2026 (AMP 2026), the aim is to make the Indian automotive industry the largest job-creating engine in the Indian economy and significantly increase…
Confidence building measures in Budget enthuses industry
03 Feb 2020 The Union Budget has taken multiple measures that will build the confidence of industry. These include the measures to reduce tax harassment, to enhance contract enforcement, to decriminalise business laws and simplify the processes of tax payment. These measures will considerably improve the business environment in the…
Mining Industry – Don’t Undermine the Sector
10 Jan 2020 Recent policy announcements in the mining sector, such as doing away with end-use restrictions in coal mining and extending the validity of clearances for mining leases expiring in 2020, could result in a paradigm shift. Earlier this week, the Union Cabinet approved the promulgation of the Mineral…
The CII Big Picture Summit: Perspectives on India’s M&E Industry
12 Dec 2019 India’s Media and Entertainment (M&E) industry is one of the country’s champion sectors as declared by the Government of India. It has many achievements it can be proud of. One of these is its far-reaching impact not only by way of influencing people, but also employment: it…
Towards a Sustainable Construction Equipment Industry
09 Dec 2019 With global warming emerging as the new buzzword and climate change problems causing growing concern among people worldwide, many industries are bolstering their efforts to become environmentally conscious; the Construction Equipment (CE) industry too isn’t far behind in this journey. According to a recent report of…