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Among the factors driving this trend is the shifting consumer preference towards snacking, demand for on-the-go formats due to faster urbanization and more women joining workforce, along with easier access to e-commerce options.
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Global Capability Centres (GCCs) have emerged as a major demand driver, with leasing surging 41 percent YoY to 25.7 msf in 2024. Bengaluru captured 47 percent of GCC leasing, while Mumbai witnessed a fourfold increase in GCC uptake compared to 2023, the report said.
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As India’s energy demand is expected to double by 2032, the Union minister highlighted the need of even higher RE financing to meet 50 percent of the expected rise in demand through renewable energy.
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Union Budget 2025-26 is an opportunity to reinforce India’s stability and create a blueprint for a prosperous, equitable, and technologically advanced country, the industry bodies told revenue secretary.
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The report states that some leading steel and mining organisations have started using digital tools like process yield optimization, digital twins for autonomous operations, intelligent surveillance, supply chain optimization, energy efficiency improvements, and AR/VR-based safety training etc to gain deeper insights and make better decisions, but others are still in the initial stages of their digital transformation journey.
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The report said that availability of Indian or vegetarian food options as well as awareness about niche tourism will help increase the number and frequency of Indians engaging in foreign travel in the coming years.
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Tuhin Kanta Pandey was talking about DIPAM's disinvestment strategy and the five elements that are part of it, at a FICCI event.
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None other than Sebi chairperson Madhabi Puri Buch has brought to the fore the concept of a composite issue, which was always present in the regulatory framework of the Indian stock market but has rarely been used.
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FICCI, ASSOCHAM and CII had wanted the release of alpha numeric electoral bond numbers, which will help in linking the donor to a political party, deferred. SBI has to submit all details by March 21, the court has said
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Representatives from industry bodies FICCI and CII recently met a high-level committee on One Nation One Election chaired by former President Ram Nath Kovind and briefed the panel on its benefits.
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Motwani, the founder and CEO of Kinetic Green which sells battery-operated three-wheelers, scooters, e-cycles, and buggies, also emphasised creating a holistic ecosystem for the growth of the electric vehicle segment.
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RBI Governor Shaktikanta Das at FIBAC 2023, jointly organised by FICCI & IBA . Watch!
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Sebi is consulting more because the market has become more complex and it needs to consult participants often to ensure that it gets things right, Buch has said
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India faces challenges related to the availability of resource-rich sites and land for deploying more than 2,000 GW of grid-scale renewable energy and an additional 1,000 GW for green hydrogen, raising concerns about land acquisition, the report said.
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Through a notification issued on June 19 this year, the government decided to allow the import of "high-end and high-value” used medical equipment other than critical care medical equipment, AiMeD stated.
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The latest quarterly survey on manufacturing outlook by the industry body observed that after a revival in the Indian economy in FY22, momentum of growth has continued in the subsequent quarters as well.
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Special Interactive Session with Dr V Anantha Nageswaran Chief Economic Advisor, Ministry of Finance, Government of India on the ‘Indian Economy @100 – Journey to the Amrit Kaal’.
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DMCC’s representative office in Mumbai will handle all regulatory, compliance and company registration solutions and will provide exclusively curated license packages for Indian businesses.
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Vishwaprasad Alva, former head FICCI’s National MedTech group, said the government has ignored suggestions put forward repeatedly by the industry in the newly announced policy
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During the roundtable, FM Sitharaman underlined the reality of a global acknowledgement of “New India” and the renewed role India is poised to play in the global economic order, besides India as an investment destination going forward into “Amrit Kaal.”
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Subhrakant Panda, president of the Federation of Indian Chambers of Commerce and Industry (FICCI) said India is where it is today because of a couple of factors, including sustained reforms even during the Covid-19 pandemic.
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Interestingly, while over 57 percent of startups are looking for permanent recruits, about 43 percent plan to hire temporary and gig workers.
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The demand for Grade A premium office assets is also likely to increase to 1.2 billion sq. ft. by 2030 in India
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At the mega summit on gender parity, the findings of an "exclusive FICCI and CNBC-TV18 survey on women in the workforce" will be released. Among the guests in attendance will be Union Minister Smriti Irani, G20 Sherpa of India Amitabh Kant and Navy Chief Admiral R Hari Kumar, along with global ambassadors and business stalwarts.
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Chenoy has been the secretary general of Federation of Indian Chambers of Commerce and Industry and MD and CEO of National Skill Development Corporation.
