New Delhi, March 22 (IANS): A timely and strategic move by the government with the RELIEF initiative to support exporters amid global disruptions has strengthened trade resilience and ensured continuity by easing logistics, insurance, and cost pressures in a volatile geopolitical environment, apex business chamber CII said on Sunday.”For the manufacturing and chemicals sector, it comes as a crucial buffer against rising freight, insurance, and input costs, helping maintain production continuity …
Latest Confederation of Indian Industry News & Updates
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, March 11 (IANS) Union Minister of Textiles Giriraj Singh on Wednesday said that India must move towards higher-scale and higher-value manufacturing and expand year-round garment production to strengthen its global presence in the textile sector.Addressing an industry interaction organised by the Confederation of Indian Industry in New Delhi, the minister said India aims to expand its textile economy to $350 billion and exports to $100 billion by 2030-31.Singh also said India’s share…
Washington, March 10 (IANS) Delaware is seeking stronger economic ties with India following Governor Matt Meyer’s recent trade mission to New Delhi, Mumbai, and Hyderabad, which opened new avenues for investment, clean energy collaboration, and research partnerships.The delegation included leaders from Delaware’s government, universities, and business community. Officials said the visit focused on attracting companies to the state, expanding opportunities for Delaware businesses overseas, an…
New Delhi, March 4 (IANS) India has highlighted the potential for growth in exports to Japan in sectors such as textiles, pharmaceuticals, agriculture, and services, at a high-level meeting in Tokyo, for achieving a more balanced bilateral trade relationship, according to a statement issued by the Ministry of Commerce and Industry on Wednesday.During the 7th Joint Committee meeting under the India–Japan Comprehensive Economic Partnership Agreement (CEPA) held this week, both sides reviewed iss…
New Delhi, Feb 8 (IANS) The Apex Business Chamber CII has prepared a roadmap for setting up a scalable model pilot air corridor connecting Gurugram, Connaught Place, and Jewar International Airport to reduce transit time and provide a high-impact solution to urban congestion. The CII report titled ‘Navigating the Future of Advanced Air Mobility in India’, launched by Civil Aviation Minister Ram Mohan Naidu Kinjarapu, is also expected to contribute to India’s Net-Zero 2070 goals through zero-emis…
New Delhi, Feb 3 (IANS) The recently concluded India–US trade deal is being seen as a major boost for India across sectors, with experts on Tuesday described it as a significant milestone in the country’s growth journey.Former BrahMos Aerospace chief and senior scientist Dr A. Sivathanu Pillai said India is steadily moving towards becoming a major defence and economic power.He credited this progress to the country’s indigenous hypersonic technology and the rapid expansion of its space sect…
New Delhi, Feb 2 (IANS) The Union Budget 2026–27 reinforces fiscal discipline while supporting sustained economic growth, with industry partnership playing a key role in India’s progress, Anuradha Thakur, Secretary, Department of Economic Affairs, said on Monday. Addressing a post-Budget interactive session organised by the Confederation of Indian Industry (CII) here, she said India’s economy has shown strong resilience despite global uncertainties, supported by a stable financial system t…
Gandhinagar, Feb 1 (IANS) The Confederation of Indian Industry (CII) Gujarat on Sunday said the Union Budget 2026 provides a strong and positive framework for accelerating economic growth, strengthening manufacturing competitiveness and improving ease of living. Following a live budget viewing session held in Gandhinagar, CII Gujarat stated that the budget balances immediate economic stimulus with long-term capacity building, guided by the central theme of ‘Sankalp’ and the three stated prio…
Ahmedabad, Feb 1 (IANS) Industry representatives in Ahmedabad on Sunday welcomed the Union Budget, describing it as balanced and inclusive, with a clear long-term vision for economic growth across sectors. Speaking after the Budget presentation, manufacturing and industry leaders highlighted the emphasis on fiscal discipline, public health, agriculture, manufacturing and ease of doing business.Nirag Choksi, Co-Convenor of the Manufacturing Panel at the Confederation of Indian Industry (CII) and …