Page 2 - Confederation Of Indian Industry

Govt must bite the bullet on land reforms to ease manufacturing growth

How to make land available quickly and cheaply for development, without alienating landowners or eroding their rights, remains a point of contention

Enact legislation to ensure time-bound delivery of services: CII

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

FTA with UK adds strength to India's hand in other deals: Sunil Mittal

It's a win win for both sides with a balanced outcome after a very long and hard negotiation, says Mittal

Urban consumption not growing as anticipated: CII President Rajiv Memani

Memani talked about issues ranging from India-US FTA to India's complex relationship with China and the labour code implementation

EY India Chairman and CEO Rajiv Memani takes over as CII president

The newly constituted National Council of the Confederation of Indian Industry at a meeting elected its new office bearers for the year 2025-26, CII said

India's defence budget may near Rs 32 trillion by 2047: CII-KPMG report

The report notes that achieving the vision of India as a developed nation by 2047, particularly through a strengthened defence sector, faces several roadblocks and challenges

CII urges govt to establish centralised oversight mechanism for tribunals

CII recommends amending Tribunal Reforms Act to create a statutory central oversight body for performance, appointments, and governance across tribunals

India's trade body to decide on halting all trade with Turkey & Azerbaijan

Confederation of All India Traders' reaction came after Turkey and Azerbaijan openly supported Pakistan after India's 'Operation Sindoor', launched to limit Pakistan's capacity to sponsor terror

BTAs are the way to go in the new world order: CII President Sanjiv Puri

Puri said that the India-UK Free Trade Agreement (FTA) has set a template for future deals and will create opportunities for India to build alternate supply chains

Stronger judicial data grid can boost investments, says CII report

The NJDG was launched in 2015 under the e-Courts Mission Mode Project to track, manage and reduce case pendency across India's judicial system

In a short period, India could well be signing multiple FTAs: Sanjiv Puri

He said that with the developments in the world, it was more likely that in a very short period of time, India could sign multiple FTAs

EU Commissioners, EAM, Piyush Goyal, others attend CII dinner reception

The European Union (EU) College of Commissioners, Union Minister of Commerce and Industry Piyush Goyal, External Affairs Minister S Jaishankar, Union Minister of State for Commerce and Industry Jitin Prasada, Union Minister of Railways Ashwini Vaishnaw, and Foreign Secretary Vikram Misri attended a dinner reception hosted by the Confederation of Indian Industry (CII) on Friday.During the dinner reception, the leaders were seen engaged in conversation. The dinner reception was organised as the European Commission President Ursula von der Leyen was on a two-day visit to India from February 27-28.Earlier on Friday, Union Minister of Commerce & Industry Piyush Goyal held a candid and insightful discussion with EU Trade Commissioner Maros Sefcovic in Delhi. The meeting focused on the progress of the India- EU Free Trade Agreement (FTA) and the Trade and Technology Council (TTC).In a social media post, Goyal stated, "Had a candid and insightful discussion with EU Trade Commissioner ...

CII's legal committee pushes for appellate body for financial sector

The legal committee wants all financial regulators, including the RBI, to be under the ambit of the new body

Capex should be ramped up by 25% over BE: CII President Sanjiv Puri

CII President Sanjiv Puri said that exports are facing headwinds while suggesting measures such as minimum import and anti-dumping duty

Budget FY26: Economists urge govt to focus on consumption, tax reforms

India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent

CII calls for reforms in priority sector lending framework ahead of Budget

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

Visionary, an inspiration: India Inc mourns demise of nation's Ratan

Ratan Tata was at the helm of the widely known Tata Group for 21 years between 1991 and 2012, and under him, the group's profits rose by 50 times

Working with MCA on Prime Minister's Internship Scheme portal: CII

The scheme, announced in the Budget 2024, aims to provide internship opportunities to 10 million youth in 500 top Corporate Social Responsibility (CSR) spend companies over the next five years

Tamil Nadu's auto manufacturing sector faces severe climate risks: CII

The risk assessment was carried out as part of CII's new framework, 'Building Climate Resilience for Indian Industry', which aims to help businesses identify and address climate-related threats

Cutting port charges, buying vessels to help boost export ambitions: CII

The government's measures such as cutting certain port charges and purchasing additional container vessels by Shipping Corp will help boost export competitiveness, Chairman of the CII national committee on EXIM Sanjay Budhia said on Friday. He said that these initiatives will significantly benefit the Indian industry by easing export operations. "This move will reduce logistical bottlenecks, enhance cost efficiency for exporters, and improve the competitiveness of Indian goods in global markets," Budhia, who is also Managing Director of Patton Group, said. Industries will experience smoother trade flows, shorter delivery times, and lower costs, fostering growth in exports and making Indian products more attractive to international buyers, he added. The measures will also significantly improve export competitiveness by decreasing the overall costs involved in shipping goods and will help make Indian exports more competitively priced in international markets, Budhia said. "It would