New Delhi, April 20 (IANS) India’s MSME manufacturing sector continues to show resilience with sustained expansion, but maintaining this growth momentum will require timely policy support and a stable external environment, the PHD Chamber of Commerce and Industry (PHDCCI) said on Monday.The PHDCCI has released the fourth round of its SME Market Sentiment Index (SMESI), which captures the performance of the manufacturing MSME sector for January–March 2026 and its outlook for the upcoming quar…
Latest PHD Chamber of Commerce and Industry News & Updates
New Delhi, April 19 (IANS) The Insolvency and Bankruptcy Code (IBC) has fundamentally changed how business failures are handled in India by enabling timely resolution and restoring asset value, Sanjay Singhania, Vice President of PHD Chamber of Commerce and Industry (PHDCCI) said on Sunday.Speaking at “IBC Pulse: Trends, Transitions & Trajectories,” organised by PHDCCI at PHD House here, Singhania said that earlier, business failures were often delayed, leading to significant erosion of …
New Delhi, April 16 (IANS) India’s tourism and hospitality sectors remain resilient on strong domestic demand, even as the ongoing West Asia conflict disrupts international travel, an industry body said on Thursday.Despite global headwinds, the hospitality sector remains relatively stable, supported by a strong ‘V-shaped’ recovery and robust domestic demand, according to a report by PHD Chamber of Commerce and Industry (PHDCCI).Moreover, the restaurant and food services segment also saw mixed …
New Delhi, April 9 (IANS) Road accidents continue to pose a major public safety concern in India, with nearly 1.8 lakh fatalities reported annually, with around 45 per cent of these fatalities involving two-wheelers, MoS, Road Transport and Highways, Harsh Malhotra said on Thursday calling on the youth, to act as ambassadors of road safety and lead by example.Flagging off the 3rd Edition of the Uttarakhand Adventure Ride organised by PHD Chamber of Commerce and Industry (PHDCCI), Malhotra emphas…
New Delhi, March 3 (IANS) India’s steel sector is targeting a capacity of 300 million tonnes by 2030 and 400 million tonnes by 2035, to position the country as a global leader in steel production, the government said on Tuesday.Sandeep Poundrik, Secretary, Ministry of Steel highlighted the sector’s ambitious expansion plans as the government convened a high‑level interactive session with senior diplomats across the globe to advance strategic collaboration, an official statement said.The mi…
New Delhi, Jan 23 (IANS) The rise in innovations led by women and those living in tier-2 and tier-3 cities is redefining India’s growth narrative, said Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, on Friday.Addressing the “National Skill Summit 2026”, organised by PHD Chamber of Commerce and Industry (PHDCCI), at PHD House, New Delhi, Singh said that India is witnessing a historic democratisation of opportunities, creating an ecosystem where yo…
Guwahati, Jan 16 (IANS) The GI Mahotsav, an initiative of the Union government’s Ministry of MSME, is emerging as a key platform to promote India’s rich cultural heritage through Geographical Indication (GI)-tagged products, while opening new market opportunities for artisans, farmers and small producers, organisers said on Friday. Organised in Guwahati by the PHD Chamber of Commerce and Industry, the four-day exhibition brings together GI product holders from across the country, with a spec…
New Delhi, Dec 31 (IANS) The launch of the Market Access Support Intervention scheme under the Export Promotion Mission by the government marks a strategic shift in country’s export strategy, aimed at strengthening international market access for India’s exporters, particularly micro, small and medium enterprises (MSMEs), and first-time exporters, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday.The Market Access Support Intervention (MAS) addresses structural constraints …
New Delhi, Dec 29 (IANS) Healthy gains in manufacturing and mining suggest that underlying industrial momentum is strengthening in India, potentially supporting broader economic performance in the near to medium term, industry leaders and economists said on Monday.The Index of Industrial Production (IIP) registered a record high growth of 6.7 per cent (quick estimate) in November, compared to 5 per cent in the same month last year, “driven by notable deceleration in the manufacturing and mining …
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…