India, the third-largest vehicle market globally, is undergoing a significant shift towards electric vehicles (EVs) to create a cleaner and more environmentally friendly future. With an ambitious goal of making 30% of all vehicle sales electric by 2030, the country is poised for a transformative journey. The Promise of Electric…
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Building a Future on Four Pillars: Employability, Entrepreneurship, Education, and Employment
With its youthful and vibrant population, India is at a critical point. More than 62% of the population is of working age, with more than half under the age of 25. This demographic dividend presents numerous opportunities, but maximizing its value requires a deliberate focus on four interrelated pillars: employability,…
Semiconductor Manufacturing: A Path to Sustainable Economic Growth for India
The semiconductor industry, often hailed as the backbone of modern electronics, is pivotal for global economic growth and technological advancement. Recognizing this necessity, India has embarked on a long-term venture to establish itself as a significant player in the semiconductor manufacturing industry. This journey, while laden with challenges, holds immense…
India’s Growth Story: A Vision for Robust Economic Expansion in FY25
The Indian economy is poised for a remarkable growth trajectory in the fiscal year 2024-25, with the Confederation of Indian Industry (CII) projecting an impressive 8% growth rate. This optimism is rooted in the expectation that next-generation reforms will be carried forward in a mission-mode. The newly elected President of…
Leveraging New Age Technologies: Applications in the Indian Context
In recent years, India has adopted new generation technologies at an unprecedented rate, revolutionizing numerous industries and paving the way for a dramatic shift in company operations and societal functions. Traditional business structures and procedures are being transformed by technologies such as artificial intelligence (AI), quantum computing, machine learning (ML),…
Growing SMEs Through Tailor Made Finance
Small and Medium Enterprises (SMEs) are the lifeblood of India’s economy, driving innovation, creating jobs, and fostering regional growth. SMEs frequently encounter major obstacles when trying to obtain timely and sufficient financing, despite their crucial role in society. It is not only practical to address this crucial issue; it is…
Challenge of creating a skilled workforce
India stands tall today as the world’s fastest-growing large economy. This has been accompanied by the creation of high-quality employment opportunities, as reflected in the latest Periodic Labour Survey, where positive trends can be observed across many indicators. The worker-population ratio (WPR) for people aged 15 and above increased…
Unlocking Triple Bottom Line Potential: How the CII Climate Action Charter (CCAC), MSME Toolkit Elevates Profit, People, and Planet
In today’s business landscape, sustainability is crucial for lasting success. MSMEs play a key role in addressing climate change due to their widespread presence and innovative potential. While balancing profitability, social accountability, and environmental stewardship is challenging, the CII Climate Action Charter (CCAC) MSME Toolkit offers a robust solution. It…
Strengthening Indo-German Economic Cooperation: Opportunities for SMEs Through Partnering in Business with Germany
Strengthening Indo-German Economic Cooperation: Opportunities for SMEs The recognition of the important role small and medium companies (SMEs) play in advancing trade, investment, and technological ties has led to a long history of strong engagement between India and Germany. A historic Joint Declaration was signed on September 9, 2008, by…
CII Annual Business Summit 2024
India has set an ambitious target of becoming a prosperous country by 2047. At the recent Annual Business Summit, CII charted the course for Indian Industry in 2024-25 under the theme ‘Co-creating the Future Responsibly: Role of Business’. This year, the Summit brought together leaders and key stakeholders for deliberations…