Ficci

Early signs of stress from West Asia crisis visible across sectors: FICCI

Early signs of stress are visible across sectors, warranting proactive measures to mitigate immediate risks as well as to build long-term resilience, industry lobby FICCI said in a report on the implications of the West Asia conflict released on Thursday. The report emphasises that this crisis, while being challenging, also presents an opportunity for India to accelerate structural reforms aimed at strengthening economic resilience and reducing external vulnerabilities. The government may consider the provision of emergency financing for MSMEs and issuance of advisories to address force majeure-related risks in public procurement contracts, ensuring that businesses are not penalised for delays caused by factors beyond their control, says the report. The report also suggests that the government may initiate consultations within the GST Council to explore a roadmap for the inclusion of petroleum products under GST. This would help reduce cost burdens, improve supply chain efficiency a

India's flex office stock crosses 100 mn sq ft, triples since 2020: CBRE

Flexible office stock in India has surged past 100 million sq ft, tripling since 2020, driven by enterprise adoption, GCC expansion, and strong investor interest

Cybersecurity biggest risk for enterprises, says FICCI-EY report

Cybersecurity breaches have emerged as the top risk shaping enterprise performance, followed by AI adoption gaps, workforce challenges and ESG compliance, a joint FICCI-EY report said

Cyber threats biggest risk to India Inc, ahead of geopolitics: EY-Ficci

Cybersecurity breaches emerged as the biggest risk to organisational performance for India Inc, followed by shifting customer expectations and geopolitical events, according to the Ficci-EY Risk Surve

India-US trade deal lifts great deal of uncertainty, say FinMin officials

Department of financial services (DFS) secretary M Nagaraju said: "Dark clouds of uncertainty had lifted from the world economy and industry should now cheer up and heave a sigh of relief"

Budget 2026 provides certainty amid global turmoil, says India Inc

Industry leaders say the Union Budget 2026-27 reinforces India's image as a stable economy, offering policy certainty, continuity and long-term growth signals at a time of heightened global volatility

FICCI reappoints GSK Velu as Tamil Nadu State Council chairman for FY26

Industry body FICCI has re-appointed healthcare entrepreneur GSK Velu as Chairman of its Tamil Nadu State Council for 2025-26, marking his fifth straight term at the helm of the council

Ficci's manufacturing index reaches an all-time high in Q3 of FY26

Ficci's manufacturing index hit a record high in Q3 FY26, with 91% firms reporting stable or higher output, signalling strong demand and optimism across key sectors

Ficci Manufacturing Index hits record high in Q3 despite cost pressures

The Ficci Manufacturing Index reached an all-time high in the third quarter, with 91 per cent of firms reporting steady or higher production, up from 87 per cent in the previous quarter, despite production costs remaining on the higher side. The Ficci's 68th edition of Quarterly Survey on Manufacturing (QSM) assessed the performance and sentiments of manufacturers for eight major sectors in the third quarter. These include auto components, capital goods, chemicals, fertilisers & pharmaceuticals, electronics & electricals, machine tools, metal & metal products, textiles, apparel & technical textiles and miscellaneous. Responses have been drawn from manufacturing units from both large and SME segments with a combined annual turnover of over Rs 3 lakh crore. Nearly 57 per cent of the respondents reported an increase in the cost of production as a percentage of sales, which is consistent with the previous quarter's findings, indicating that costs are still on the higher ...

'Cohesive regulation key to boost investor confidence in non-fossil fuels'

A cohesive national and state-level regulatory framework that gives investors long-term confidence is essential for the country to meet its non-fossil goals, according to a CRISIL expert. The government has an ambitious target of having 500 GW non-fossil fuel-based power generation capacity by 2030. Non-fossil fuel capacities include sources like solar, wind, biomass, waste-to-energy, hydro projects etc. "Achieving India's 500 GW non-fossil target will require a cohesive national and state-level regulatory framework that gives investors long-term confidence," a statement issued by FICCI said, quoting Ashish Mittal, Director, Energy & Commodities, CRISIL. Cap-and-floor mechanisms, viability gap funding and storage-as-a-service models will be critical to de-risk investments and unlock private capital at the scale India now needs, he said at FICCI's India Power and Energy Storage Conference on Wednesday. On energy storage, Ashok Sharma, the Deputy Managing Director, State Bank of .

In AI age, upskilling likely to create jobs in new areas: Meity secy

White-collar jobs relying on cognitive skills face the highest AI disruption risk, but reskilling and new job creation will outweigh losses, says MeitY Secretary S Krishnan

Indian entrepreneurs need to think global to meet customer needs: Goenka

Anant Goenka optimistic on demand revival, outlines budget priorities including defense, electronics hubs, and export incentives

India in a 'sweet spot', GDP growthto be over 7% in FY26: Ficci President

India is "in a sweet spot" to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on the back of strong macro fundamentals and ongoing reforms, new FICCI President Anant Goenka said on Tuesday. Goenka also said that the chamber's focus for the coming year would be to increase the share of the manufacturing sector in the GDP from its current 15-17 per cent to 20-25 per cent levels over time. To make sure that happens, the chamber has outlined priorities such as increasing R&D spending from 0.7 per cent to over one per cent of GDP; strengthening industry-academia partnerships, supporting the government's efforts to further promote ease of doing business, trade and supply chain security, and enhancing manufacturing excellence which includes focus on quality, women in the workforce, and adopting sustainable practices. "I think GDP should be 7 plus kind of level (during 2025-26). After all the changes that have happened with respect to the income ...

Simpler tax rules, quicker dispute resolution among key Budget demands

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

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Industry body calls for clearing ₹18 trillion in pending tax appeals, TDS rationalisation and tax neutrality for fast-track demergers ahead of Union Budget 2026

9 in 10 Indians ready to pay more for certified quality healthcare: Report

Around 83 per cent of patients in India seek objective, accessible information to guide their healthcare choices, and nearly 90 per cent are willing to pay more for certified quality, as per a report by FICCI and EY-Parthenon. While India's healthcare efficiency outperforms global peers, structural and financial pressures reinforce the need for a national framework that sets clear minimum quality standards, enabling patients to make informed healthcare choices, the report, titled 'True Accountable Care: Maximizing Healthcare Delivery Impact, Efficiently', stated. The report, based on research across 250 hospitals in 40 cities with 75,000 beds, surveys of over 1,000 patients and 100-plus clinicians, consultation with CXOs and investors, stated that bed per capita capacity has doubled since 2000 in India. The country still has one of the lowest hospital bed densities globally and a dual payor-provider fragmentation challenge with just 25-30 beds per hospital compared to over 100 ...

Netflix India partners with IICT, Ficci to support AVGC-XR segment in India

Netflix India partners with IICT and FICCI to support AVGC-XR students through scholarships, curriculum development, and industry collaboration, boosting India's creative technology ecosystem

'Heartening to see this': Ficci president hails India's 7.8% Q1 GDP growth

Harsha Vardhan Agarwal highlighted that income tax relief and repo-rate reduction by the Reserve Bank of India were among several other factors for the GDP growth

Sebi plans longer-tenor derivative products: Chairman Tuhin Kanta Pandey

Sebi chairman Tuhin Kanta Pandey said the regulator will consult stakeholders on extending the tenor of derivatives and hinted at a pilot project for regulated pre-IPO trading

Indian retail sector to reach $1.93 trn by 2030: Deloitte-FICCI report

According to the report, the quick commerce segment is projected to reach $35 billion in Gross Merchandise Value (GMV) by 2030