Latest Chandrajit Banerjee News & Updates

New Delhi, May 21 (IANS) The Confederation of Indian Industry (CII) on Thursday called for a coordinated national response to tackle a ‘3Fs’ challenge of fuel, fertiliser and food amid the West Asian crisis, causing price rise in these sectors.CII said the three pressures from fuel, fertiliser and food are interlinked and must be treated as a single, integrated economic challenge.“Fuel feeds into fertiliser, fertiliser feeds into food, and all three feed into inflation, fiscal stress, and hous…

New Delhi, May 10 (IANS) India’s private capital expenditure recorded a sharp 67 per cent jump to Rs 7.7 lakh crore in September 2025, signalling the strongest revival in the country’s investment cycle in more than a decade, according to the Confederation of Indian Industry (CII) on Sunday.The industry body said private capex had risen significantly from Rs 4.6 lakh crore in September 2024.CII’s analysis of nearly 1,200 companies from the CMIE Prowess database showed that manufacturing acc…

New Delhi, April 28 (IANS) India’s startup ecosystem must undergo a shift in narrative and policy focus—from valuation-centric growth to value- scale, a report said on Tuesday.The report from Confederation of Indian Industry (CII) urged policymakers to improve access to growth capital, enable proportionate regulatory structures, strengthen digital public infrastructure and foster innovation through R&D support.Patient and diversified capital pools should be made available to support star…

New Delhi, April 27 (IANS) The Confederation of Indian Industry (CII) on Monday said that New Zealand’s commitment to facilitate $20 billion in investment over 15 years is expected to catalyse the development of industrial infrastructure, manufacturing ecosystems, and innovation clusters across India.Hailing the signing of the India–New Zealand Free Trade Agreement (FTA), the apex industry chamber said that the FTA’s provision of 100 per cent duty-free access for Indian exports is expected…

New Delhi, April 19 (IANS) Efficient and transparent access to industrial land is critical for accelerating investments, reducing project gestation periods, and positioning India as a competitive global manufacturing hub, a Confederation of Indian Industry (CII) report said on Sunday.The report, titled “CII Land Mission: Framework to Reform Industrial Land Management in India”, outlines a roadmap to address structural and procedural bottlenecks in India’s industrial land ecosystem.“India…

New Delhi, March 29 (IANS) Apex business chamber CII on Sunday lauded the swift action taken by the Government of India for a coordinated and well-calibrated response to the disruptions arising from the West Asia crisis, and called on industry to complement these efforts through responsible and constructive action.CII observed that the present situation represents a supply-side disruption, with pressures transmitted through energy costs, logistics and working capital cycles. While the policy res…

New Delhi, March 22 (IANS) India is taking swift and balanced steps to manage the economic impact of the ongoing Middle East conflict, with both the government and industry working together to safeguard supply chains, energy security, and overall economic stability, according to the Confederation of Indian Industry (CII) on Sunday.CII Director General Chandrajit Banerjee said that India entered this challenging period from a position of strength.He noted that years of economic reforms and the go…

New Delhi, Feb 1 (IANS) The Confederation of Indian Industry (CII) on Sunday said the Union Budget 2026-27, with its next‑generation reforms, builds confidence, and its thrust on public capital expenditure will enhance private investment.CII welcomed the continued focus on fiscal prudence, noting that the fiscal deficit target of 4.3 per cent of GDP for FY27 reinforces confidence in India’s macroeconomic management.”There is broad recognition on fiscal discipline, including adherence to the …

New Delhi, Jan 29 (IANS) The Confederation of Indian Industry on Thursday concurred with the Economic Survey 2025–26’s assessment of India’s growth outlook, with the projected growth rate of 6.8–7.2 per cent in FY27 appearing realistic amid global uncertainties.The industry body forecasted that with moderate level inflation, India is poised for “double digit nominal growth, which should help augment revenues and moderate borrowings, further easing pressures on real interest rate and thus t…

New Delhi, Jan 27 (IANS) The unprecedented preferential access secured for over 99 per cent of Indian exports is a game-changer for Indian industry, the Confederation of Indian Industry (CII) said on Tuesday.With the India-EU deal, Rs 6.41 lakh crore ($75 billion) worth exports are poised for take-off, with $33 billion of exports in labour-intensive sectors like textiles, leather, marine products, gems and jewellery are set to gain immensely from preferential access under the FTA.According to Ch…