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Industry lobby CII has proposed the establishment of National Industrial Land Council (NILC), modelled on GST framework, to set national standards, harmonize land-related regulations across states, monitor implementation, and act as a dispute-resolution body. The recommendation is part of a report, "CII Land Mission: Framework to Reform Industrial Land Management in India", led by T V Narendran, Tata Steel Managing Director and Past President, CII. It outlines a roadmap to address structural and procedural bottlenecks in India's industrial land ecosystem. A key recommendation of the report is the creation of a unified, GIS-enabled National Industrial Land Bank, offering real-time information on land availability, zoning status, utilities, environmental constraints, encumbrances, and title clarity. Such a platform would significantly enhance transparency and enable informed, faster investment decisions. The report also draws attention to the wide inter-state variation in stamp duty
Industry leaders on Tuesday emphasised that trust, innovation and empowered organisational structures are critical for building resilient and future-ready institutions, as businesses navigate rapid technological change and evolving consumer expectations. Speaking at the annual regional meeting and conference of the Confederation of Indian Industry (CII), Eastern region, themed 'Vision with Velocity', corporate leaders said institutions must balance scale with agility while remaining anchored in strong values. ITC chairman Sanjeev Puri said long-term institutional success rests on three pillars -- vision, values and vitality. "Reshaping the narrative of a legacy institution comes down to vision, values and vitality," Puri said, adding that businesses must move beyond simple diversification to build multiple drivers of growth aligned with market opportunities and institutional strengths. He stressed that large organisations should function like "multiple startups within a larger ...