New Delhi, July 26 (IANS) India has the potential to position itself as a global manufacturing and export hub for mining and construction equipment (MCE) by accelerating localisation, strengthening technology adoption, boosting research and development, and implementing supportive policy reforms, a report has said.The joint report released by the Confederation of Indian Industry (CII) and Boston Consulting Group (BCG) titled “Pressing the Throttle: How India’s Mining and Construction Equipment I…
Latest Chandrajit Banerjee News & Updates
New Delhi, July 15 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, will open up new opportunities for Indian exporters, deepen technology partnerships and enhance the country’s global competitiveness, leading industry chambers said on Wednesday.Marking the implementation of the trade pact, PHDCCI released a research report titled ‘India–UK CETA: A Strategic Guide to Export Opportunities and Market Access’, providing an assessment of t…
New Delhi, June 10 (IANS) India has witnessed remarkable progress across economic, social and infrastructure sectors during Prime Minister Narendra Modi’s 12 years in office, with reforms and efficient governance strengthening the country’s resilience, competitiveness and global standing, Confederation of Indian Industry (CII) Director General Chandrajit Banerjee said on Wednesday.Congratulating PM Modi on completing 12 years of leadership, Banerjee said the country has emerged as one of the wor…
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…