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…
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New Delhi, June 30 (IANS) Industry leaders on Tuesday said that the approval of the Delhi Electric Vehicle (EV) Policy 2026 is a forward-looking policy initiative that can accelerate the transition towards sustainable urban mobility while strengthening investment, manufacturing and innovation across India’s electric mobility ecosystem.Leading industry chamber PHDCCI said it will work closely with policymakers, and industry stakeholders to support effective implementation of the policy and facili…
New Delhi, June 1 (IANS) Industry Chamber PHDCCI on Monday said that the India–Oman Comprehensive Economic Partnership Agreement (CEPA) strengthens India’s trade connectivity with the GCC and East Africa through strategic logistics infrastructure.The agreement will strengthen economic integration of both countries by improving market access, trade benefitting exporters, professionals and investors, according to a statement.“Reduced trade barriers will open new opportunities for MSMEs and s…
New Delhi, May 12 (IANS) The moderate jump in inflation in April reflects relatively stable price conditions across several core consumption categories, particularly transport, industry leaders said on Tuesday.However, food price pressures remain elevated in select commodities, indicating the continued importance of supply-side monitoring, said PHDCCI.“Among major commodity groups, transport inflation remained subdued at near-zero levels as Government has not increased retail pump prices despi…
New Delhi, May 9 (IANS) PHD Chamber of Commerce and Industry (PHDCCI) on Saturday welcomed the government’s decision to approve a Rs 5,000 crore emergency credit support scheme for airlines under ‘ECLGS 5.0’ to address the financial and operational stress arising from the ongoing West Asia crisis.Rajeev Juneja, President, PHDCCI, said, “The Government’s swift intervention through the Rs 5,000 crore emergency credit scheme demonstrates strong policy responsiveness towards one of the most cr…
New Delhi, May 7 (IANS) Vietnam President To Lam’s visit to India elevated bilateral ties to an Enhanced Comprehensive Strategic Partnership, and will improve India’s access to critical inputs, generate substantial long-term benefits for exports, investments, and GDP growth, the industry chamber PHDCCI said on Thursday.Rajeev Juneja, President, PHDCCI said that the bilateral partnership creates a stronger framework for supply-chain resilience, manufacturing cooperation, digital connectivity,…
New Delhi, Feb 7 (IANS) The interim tariff agreement marks a significant development in the US-India trade relations, potentially expanding market access for exporters in both countries and providing a stable and comprehensive trade framework, industry said on Saturday.India and the United States have finally signed an interim tariff agreement aimed at reducing trade barriers and strengthening bilateral economic cooperation. “The framework was agreed upon in ongoing negotiations to expand two-…
Mumbai, Dec 25 (IANS) India’s capital market has reached a historic milestone in 2025 by surpassing the United States in the number of IPO listings, reflecting deep investor trust in the country’s overall economic and regulatory ecosystem, Dr. Ranjeet Mehta, CEO and Secretary General of the PHD Chamber of Commerce and Industry (PHDCCI) said on Thursday. Speaking to IANS, Dr. Mehta said that the strong IPO performance in 2025 clearly shows the confidence investors have in India’s growth sto…