New Delhi, April 27 (IANS) The Free Trade Agreement (FTA) between India and New Zealand has drawn strong support from policymakers, industry leaders and trade representatives, who described it as a “balanced” and “forward-looking” pact expected to significantly boost bilateral trade and economic cooperation.New Zealand’s Minister for Trade and Investment, Todd McClay, termed the agreement ”very comprehensive”, stressing that both sides had worked hard to ensure it remains equitable. He said…
Latest FICCI News & Updates
Washington, April 25 (IANS) India is stepping up engagement with the US Southeast as a strategic hub for trade and investment, with officials and industry leaders highlighting Atlanta’s logistics strength at a business roundtable.The April 23 meeting, hosted by the Consulate General of India in Atlanta in partnership with the US-India Business Council, the Federation of Indian Chambers of Commerce and Industry and the Metro Atlanta Chamber, brought together senior leaders from government, indu…
New Delhi, April 23 (IANS) The Haryana government is moving rapidly towards establishing the state as a global hub for electronics system design and manufacturing (ESDM), IT, animation, visual effects, gaming, and comics sectors.The government is formulating an industrial policy that will not only be highly attractive for investors but will also accelerate large-scale employment generation, innovation, and cutting-edge technological development.Chief Minister Nayab Singh Saini, while interacting…
New Delhi, April 21 (IANS) India has the potential to unlock about $9.4 billion (nearly Rs 78,500 crore) in value from its textile waste annually by strengthening collection, sorting and recycling systems, a new report showed on Tuesday.The joint report by FICCI and the Resource Efficiency and Circular Economy Industry Coalition (RECEIC) said India generates around 7.25 million tonnes of textile waste annually, but a significant share remains underutilised due to fragmented collection systems, l…
New Delhi, April 19 (IANS) India’s banking sector remained resilient, supported by improved asset quality, strengthening capital buffers, robust retail and SME credit momentum, and early signs of revival in private capital expenditure, a survey showed on Sunday.The survey from FICCI and Indian Bank Association (IBA) said the banking sector maintains a broadly constructive outlook on credit growth over the near term, supported by improving balance sheets, steady economic activity, and sustained…
New Delhi, April 14 (IANS) While India has built strong foundations in pharmaceuticals, the next phase of growth will require bold investments, deeper ecosystem collaboration, and a shift towards innovation-led development to position the country as a global leader in advanced therapeutics, experts said on Tuesday.The two-day ‘India Pharma 2026’, organised by the Department of Pharmaceuticals, in association with FICCI and IPA, New Delhi, successfully concluded here. The event witnessed part…
New Delhi, April 13 (IANS) India is poised to lead the global pharmaceutical landscape due to its focus on biologics, biosimilars and specialty medicines, Health Minister JP Nadda said on Monday.The minister highlighted that the government recently launched Biopharma Shakti Initiative with an outlay of Rs 10,000 crore, to advance capabilities in biopharmaceutical innovation, foster innovation and strengthen research capabilities. Union Minister of State for Health and Family Welfare, Anupriya Pa…
New Delhi, April 11 (IANS) Aligned with India’s vision of emerging as a global pharma innovation hub, the ‘India Pharma 2026’ aims to accelerate the sector’s transition from a volume-driven model to a value- and innovation-led global powerhouse, according to an official statement on Saturday.The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, is set to organise the 9th edition of India Pharma 2026, in association with FICCI and the Indian Pharmaceutical Alliance (IP…
New Delhi, 9 April (IANS) Apex business chamber FICCI on Thursday indicated that early signs of stress due to the West Asia conflict are visible across sectors, warranting proactive measures to mitigate immediate risks and build long-term resilience. In a report titled West Asia Conflict: Implications for India and Imperatives for Industry and Government, FICCI suggested a two-pronged strategy for industry, focused on financial resilience and operational continuity. Firms are encouraged to se…
New Delhi, April 8 (IANS) Illicit trade in India remains as a “shadow economy” that impacts consumer trust, honest businesses and public revenues, Minister of Consumer Affairs, Food & Public Distribution Pralhad Joshi said on Wednesday.The objective is not just consumer protection, but consumer prosperity, the minister said as he pointed to initiatives such as the Central Consumer Protection Authority, the National Consumer Helpline, and the Jago Grahak Jago campaign as key pillars in em…