Rajiv Memani, president of the Confederation of Indian Industry and regional managing partner of EY Africa India region speaks on the challenges and opportunities facing India Inc
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 ...
Textile mills, engineering units, and sports goods makers across Ludhiana and Jalandhar test a fragile export revival
A 26% green steel mandate for public projects could cut emissions sharply while raising total project costs by only 0.2-1.2%, a CII report says
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
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
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
EY-CII survey shows 47 percent have live GenAI use cases, though most spend less than 20 percent of IT budgets on AI
The industry body has urged government to set up a professionally managed, sovereign-backed fund to mobilise domestic and global capital and strengthen India's economic and strategic interests by 2047
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
CII suggests tax holidays, concessional rates, GST clarity and harmonised permanent establishment rules for GCCs, projecting $600 bn GDP impact and 25 mn jobs by 2030
How to make land available quickly and cheaply for development, without alienating landowners or eroding their rights, remains a point of contention
Industry lobby CII on Sunday called for the enactment of a central legislation to guarantee time-bound delivery of services to businesses by Union ministries, with penalties for delays or deficiencies and a strong grievance redressal framework. This reform, it argued, is crucial for strengthening regulatory certainty, enhancing predictability and improving the overall ease of doing business in India. A key challenge remains the uncertainty on timelines for approval, which creates delays and cascading costs. Addressing this issue would strengthen confidence and support more timely and predictable service delivery, the Confederation of Indian Industry (CII) stated. "Despite commendable initiatives to mandate timelines in a range of areas, businesses continue to face procedural delays, regulatory uncertainty and non-adherence to timelines, significantly affecting operational efficiency and long-term investment planning. Absence of strictly enforced timelines is also felt in areas such
It's a win win for both sides with a balanced outcome after a very long and hard negotiation, says Mittal
Memani talked about issues ranging from India-US FTA to India's complex relationship with China and the labour code implementation