Industry confidence rose to a five-quarter high in the December quarter of FY26, supported by steady domestic demand
Rising for the third consecutive quarter, CII's Business Confidence Index climbed to a five-quarter high of 66.5 in Q3 FY26, driven by optimism around demand, profitability, and investment conditions, the industry lobby said on Sunday. Domestic demand remains the key driver, with two-thirds of firms reporting higher demand in Q2 FY26 and 72 per cent expecting further growth in Q3 FY26, aided by GST rate cuts and festive consumption, the industry body said in the survey. CII-Business Confidence Index (BCI) is based on a sample survey of firms covering all industry sectors, including micro, small, medium, and large enterprises, from different regions. The survey also enumerated responses across industry groups, both in the public and private sectors, engaged in the manufacturing and services sectors. It was conducted during the first to third week of December 2025, covering more than 175 firms of varying sizes. Moreover, investment and hiring intentions remain robust. Notably, 69 pe
Industry body CII has urged the government to mandate green hydrogen blending across sectors such as refining and fertilisers, backed by incentives and cost-offset mechanisms to spur demand
Ahead of the Union Budget 2026-27, CII has urged the Centre to adopt a demand-based, three-year privatisation pipeline for public sector enterprises to unlock nearly Rs 10 trillion of value
Ahead of the FY27 Union Budget, CII has outlined a four-point fiscal strategy focused on debt discipline, transparency, revenue mobilisation and spending efficiency
Under the Code on Wages, fixed term employees are now eligible for payment of gratuity if they serve for a minimum period of one year
Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for 2026-32; offering incremental tax credits or compliance relaxations for firms achieving significant new investment, production, or tax contribution milestones; and establishing an NRI Investment Promotion Fund. It also called for reinstating accelerated depreciation benefits to further incentivise fresh capital expenditure and technology upgrades, particularly for MSMEs and manufacturing industries, provided the measure is structured to stimulate modernisation without triggering ..
The minister stated that the government was also working on further easing visa processing by reducing the time taken to apply for e-visas, which will also make travel easier for foreign tourists
Memani said the government should fast-track disinvestment of public sector units and use this capital for some large transformational projects
CII has called for a National Media and Entertainment Policy to unify regulations and unlock growth, arguing that India can build a globally competitive creative economy by 2030
CII has proposed amending India's environmental laws to establish a single Environmental and Climate Clearance Authority with powers to fast-track approvals for low-risk and green projects
Industry body calls for a GIFT City-based intermediary to scale green capital, recycling and fast-track clearances
Nearly half of Indian enterprises have moved beyond AI pilots to active deployment, with 47 per cent reporting multiple Generative AI use cases now live in production, according to a joint EY-CII report. However, despite strong belief in AI's promise, investment levels remain conservative, with more than 95 per cent of firms maintaining AI and ML budgets below 20 per cent of overall IT spending. "...nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live, while 23 per cent are in pilot stage - marking a decisive shift from pilots to performance. Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notably, 76 per cent of business leaders believe that GenAI will have a significant business impact, and 63 per cent feel ready to leverage it effectively," the report noted. The EY-CII report 'The AIdea of India: Outlook 2026' is based on a survey of 200 Indian ...
Chief minister Nara Chandrababu Naidu said that his vision is to lead the economy towards $2.4 trillion by 2047
Minister Nara Lokesh held high-level meetings to push investments, renewable energy plans and coastal research collaborations
Industry lobby CII on Sunday urged the government to establish a professionally managed India Development and Strategic Fund to finance the country's long-term growth, resilience, and secure critical economic interests abroad. India needs a twin-armed India Development and Strategic Fund (IDSF) to power growth and secure the country's strategic future, the Confederation of Indian Industry (CII) said. Conceived as a national fund, IDSF would mobilise patient, long-horizon capital to build India's productive capacity at home and secure critical economic interests abroad, it added. CII believes that with disciplined design and funding, IDSF could, over the next two decades, build a managed corpus in the range of USD 1.3 to 2.6 trillion by 2047, comparable in ambition and credibility to the world's leading sovereign investors. The proposed capitalisation roadmap includes a modest initial budgetary allocation to establish credibility, followed by systematic channelling of a share of ass
A CII-Colliers report projects housing demand to hit 500,000 units annually by 2030 and 1 million by 2047, driven by urbanisation, income growth, and policy reforms
Housing prices are likely to appreciate 5-10 per cent annually over the next few years on better demand, according to a joint report by CII and Colliers. Industry body CII and property consultant Colliers India released a report on Thursday titled 'Real Estate @2047: Building India's Future Growth Corridors' in a conference held here. The report was released by Harleen Kaur, Deputy Secretary, Ministry of Road Transport and Highways. The report projected that annual sales could jump from 3-4 lakh units currently to 10 lakh units by 2047. "Annual sales can potentially double and reach 1 million housing units by 2047, driven by rising income levels, demographic shifts and progressive housing policies. "Furthermore, driven by rising incomes, urban migration, and premium housing demand, average property prices are projected to grow at 5-10 per cent annually over the next few years," it added. Colliers India noted that the growth in sales and prices will be supported by improved ...
CII, Ficci, Assocham and PHDCCI have made common recommendations for Budget 2026-27, seeking predictable tax rules, rationalised TDS slabs, and faster resolution of pending appeals
CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh crore pending before the commissioner (appeals)