New Delhi, July 25 (IANS) Around 70 startups sought investments worth nearly Rs 1,500 crore at the second edition of ASSOCHAM Investor Connect, which brought together entrepreneurs, investors, corporates and policymakers to strengthen India’s innovation-driven startup ecosystem, the industry body said on Saturday.More than 450 startups from across the country applied for the programme, out of which 200 were shortlisted after a rigorous evaluation process aligned with the investment priorities of…
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New Delhi, July 25 (IANS) The India-UK free trade agreement (FTA) can help bilateral trade trajectory expand from $58 billion in 2025-26 to $115 billion by 2030, along with the possible creation of 7-10 lakh new employment opportunities, according to a new Assocham study.The India-UK FTA, which is now in force since July 15, 2026, is expected to expand business horizons via increased market access and create new employment opportunities for the young population, said the study by Assocham Global…
New Delhi, July 9 (IANS) Innovation-led research, science-based regulatory frameworks, climate-resilient technologies and deeper global collaboration will be central to strengthening India’s seed ecosystem and enhancing agricultural productivity, experts said on Thursday.Policymakers, scientists, industry leaders and international experts at ASSOCHAM’s India Seed Trade & Innovation Summit 2026 discussed strategies to strengthen India’s competitiveness in the global seed value chain through i…
New Delhi, July 7 (IANS) India is rapidly strengthening its position as one of the world’s leading manufacturing destinations and is emerging as a major beneficiary of the ongoing realignment of global supply chains, according to a report released by industry body ASSOCHAM on Tuesday.The report said the post-COVID global manufacturing landscape has undergone a significant transformation, with companies increasingly diversifying production beyond China by adopting China+1, nearshoring and friends…
New Delhi, July 3 (IANS) The mutual fund industry has become a key pillar of India’s financial markets by helping households create long-term wealth and providing stable domestic capital for economic growth, but millions of Indian households are still outside the mutual fund ecosystem, making innovation in products, distribution and investor communication critical for broader participation, SEBI Whole-Time Member Amarjeet Singh said on Friday.Addressing ASSOCHAM’s 17th Mutual Fund Summit on the …
New Delhi, July 2 (IANS) Union Minister Bhupender Yadav said on Thursday that India’s transition to electric mobility is not merely about replacing one technology with another — it is about building a sustainable industrial ecosystem that strengthens manufacturing, creates green jobs and supports the Prime Minister’s vision of Viksit Bharat by 2047.Addressing a national conference organised by Assocham, the minister said, “As we accelerate this transition, our focus must remain on green g…
New Delhi, June 22 (IANS) Apex industry body ASSOCHAM on Monday welcomed the agreement reached between the US and Iran in Switzerland to ensure safe commercial shipping through the Strait of Hormuz, saying the development is expected to ease global crude oil prices and deliver significant benefits to the Indian economy.The chamber said the breakthrough — which comes amid heightened geopolitical tensions in the region — could help restore stability to global energy markets and reduce risks asso…
New Delhi, June 12 (IANS) India’s Purchasing Managers’ Index (PMI) has shown strong resilience despite the winds of war in West Asia and rising energy input prices, according to an Assocham report on Friday.The PMI for India in May stands at 59.3, significantly higher than in all the major top 10 economies, with China at 54, the US at 51.5, Japan at 51.1 and Italy at 50.4.From January to May 2026, India’s PMI maintained a steady expansion despite global economic turbulence, according to Asso…
New Delhi, June 11 (IANS) India’s pharmaceutical market is expected to grow to $120-130 billion by 2030 from an estimated $55 billion in 2025, and pharmaceutical exports have crossed $30 billion in FY25, a report said on Thursday.The report from ASSOCHAM said India supplies around 20 per cent of the world’s generic medicines by volume and contributes over half of UNICEF’s vaccine procurement requirements, underlining the country’s role in global healthcare supply chains.The next phase of gro…
New Delhi, June 11 (IANS) India is rapidly emerging as a global pharmaceutical powerhouse and is well-positioned to lead the next wave of biopharmaceutical innovation, Union Minister of State for Health & Family Welfare and Chemicals & Fertilisers Anupriya Patel said on Thursday. While addressing ASSOCHAM’s Pharma Summit & Awards 2026, she highlighted the government’s efforts to strengthen domestic manufacturing, promote innovation, and build a resilient healthcare ecosystem capable …