India’s energy transition is crucial, focusing on low-cost green energy, nuclear power, and renewables. The potential introduction of a mandatory Emissions Trading Scheme (ETS) could impact manufacturing competitiveness
Piyush Goyal further pointed out the low levels of participation from the industry to help improve policies around Ease of Doing Business (EODB) and National Single-window System (NSWS). The minister also asked industry to step up on ideas to help reduce the compliance burden of businesses.
With Chinese New Year holidays starting from the third week of January, if the factories there are not able to resume full production in February when they open due to the COVID situation worsening, the Indian industry may once again face supply chain issues, experts said.
Share of domestic procurement in defence capital outlay is estimated to rise to 68 percent in FY23
The NITI Aayog can help by devising a national economic strategy (not plan) which will provide the road map for converting the entire country into a special economic zone instead of tinkering with select sectors
Areas like drones and robotics would see major investment and research going forward in India, which would move faster into the digital age, they said, discussing opportunities for the country once the coronavirus-inflicted situation returns to normalcy.
Addressing members of industry body Assocham, Naidu said that the chambers have the responsibility to promote ethical governance.
Speaking from the sidelines of the India Pharmaceutical Forum 2017, Lupin's Managing Director Nilesh Gupta shared his outlook on Indian industry and API inspections.
"At present, India is an important country and our mutual cooperation will benefit not just the two countries but the entire world... co-operation is the only way to success," Han Zheng, a member of the political bureau of the Chinese Communist party and party secretary of Shanghai, told an industry gathering here this evening.
The remarks from the industry leaders came after Finance Minister Arun Jaitley launched the 'Make in India' conference here on the second day of his four-day visit to Australia.
"Reverse Buyer Seller Meet (RBSM), the biggest meeting place of international buyers who plan to source electrical product and equipment from India, concluded with USD 400 million business at ELECRAMA 2016," a statement issued here by the organiser, IEEMA, stated.
These were among the several suggestions made by industry chambers, including CII and Ficci, during their interaction with Commerce and Industry Minister Nirmala Sitharaman and senior officials here.
Alexander Matthew and Ritu Singh of CNBC-TV18 are bringing you the game changing stories from the year that went by. Here are the glimpse of the controversies from the automotive to the food sector, scams that left the Indian industry shaken.
Following the huge success of Secure Cities 2014, Security Watch India (SWI) will be holding the seventh edition of this critically acclaimed ...
The comments assume significance as they follow criticism by eminent banker Deepak Parekh that impatience has begun creeping in among businessmen as nothing has changed on ground in the first nine months of the Modi-led government.
Encouraged by softening inflation and fiscal consolidation roadmap presented by the government, the Reserve Bank of India on Wednesday slashed key policy (repo) rate by 0.25 percent to 7.5 percent, the second such surprise rate cut outside the regular policy review in less than two months.
NMCC has estimated that in the next 5 years 100 million jobs will come out of China and India has the potential to get 40-80 million of those jobs and that can only happen if labour reforms are carried out in India.
Forbes India honoured the crème de la crème of India Inc in a star-studded gala event. The captains of Indian industry were in full attendance.
Union Minister for Rural Development Jairam Ramesh on Sunday allayed fears of Indian industry and said the new Land Acquisition Act would make projects economically viable.
Ratan Tata, the outgoing head of the Tata business empire, has said that a lack of government support was preventing Indian industry from competing with China and lashed out at a "venal" business environment.
Indian industry today welcomed the the approval accorded by Lok Sabha to FDI in multi-brand retail, saying it will send a strong signal to foreign investors and enable the government to take up further economic reforms.
Adi Godrej, president, CII who was one of the key participants in the finance minister's interaction with representatives of Indian industry, explains to CNBC-TV18 that the finance minister was very receptive of the industry‘s concerns and indicated that process of reform and fiscal consolidation would be accelerated.
In a reaction to the imposition of duty on power equipment by the Cabinet on Thursday, BHEL chairman BP Rao explains to CNBC-TV18 though the move is a positive for the manufacturing sector, it leaves few options for domestic manufacturers to import the parts that are not available in the country.
The leaders of India Inc feel that the future belongs to India. But the nation however needs to clean up its act, they say. In a one-of-a-kind moment, the stalwarts of Indian industry were brought together on one platform by CNBC-TV18 for the final jury round of the channel’s India Business Leader Awards.
Indian industry proposed a whopping investment of Rs 17.4 lakh crore in 2010 with maximum of the proposals going to Orissa, followed by Chattisgarh and Madhya Pradesh.