The Confederation of Indian Industry (CII) and Indo-British All Party Parliamentary Group organised an event showcasing Indian companies in the UK Houses of Parliament. They also launched the Manchester India Partnership to strengthen regional economic ties. Over 100 stakeholders attended, including representatives from Indian companies operating in sectors like technology, banking, manufacturing and more. Key figures expressed support for strengthening the UK-India economic relationship and hope that partnerships like this would help drive business and investment between the two.
The Commuique May 2018 edition discusses the cover story
on 'Resolving Insolvency in India'
The Insolvency and Bankruptcy Code (IBC) 2016, is one of
the biggest regulatory reforms corporate India has witnessed
in recent times.
It also features 'UK-India CEO Forum Meeting ', 'CII CEOs Delegation to 11th Commonwealth Business Forum 2018', 'Four Transformations of the Global Energy Market', Economy pieces on 'The Innovation Paradox' & 'Can the Lion Conquer the Forest?' along with a piece on 'India-Africa Economic Partnership'.
Indian companies in the UK, took a Business delegation to Manchester, collaborated on a UK visitor visa policy report, and even supported HM Queen's 90th birthday celebrations! Exhausting as it may be, the best is yet to come.
Charting New India’s Global Integration Strategy. The Partnership Summit, in its 24th edition this year, brought over 2500 delegates from 40 countries together for a close examination of the partnerships and synergies to spark the next phase of global growth, and develop strong multi-countrylinkages and networks to assist the transformation of the global economy.
Building Asean-India Connectivity
ASEAN-India relations are firmly embedded in culture, commerce and connectivity. The year 2017 marked 25 years of ASEAN-India dialogue partnership,15 years of summit-level interaction and 5 years of strategic partnership.
Impact of Globalization on MSME Prospects, Challenges and Policy Implementati...ijtsrd
Globalisation is bound to impact every economic activity -the small scale sector is no exception. Along with that World Trade Organisation W.T.O agreements and negotiations have thrown up a variety of challenges. The disturbing factor is that most of the small units are unaware of these agreements and negotiations and have no idea as to how they are going to affect them. With a view to build the capacity of the Indian micro, small and medium manufacturing enterprises for overcoming competition in the global markets and facing challenges being posed by the entry of the multi nationals in the domestic markets Government of India GoI has taken various policy measures. The current paper focuses on the contribution of MSMEs, prospects and problems for MSMEs in this highly competitive global era. Micro, Small and Medium Enterprises MSME sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural and backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth, the process of globalization is an inevitable phenomenon in human history which has been bringing the world closer since the time of early trader and exploration through the exchange of goods, products, information, jobs, knowledge and culture. S. Chandra Sekhar | N. Radha "Impact of Globalization on MSME: Prospects, Challenges and Policy Implementation on Economic Growth" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29168.pdf Paper URL: https://www.ijtsrd.com/management/business-administration/29168/impact-of-globalization-on-msme-prospects-challenges-and-policy-implementation-on-economic-growth/s-chandra-sekhar
India Summit: The innovation economy will gather opinion leaders from government, business and academia for a frank and forward-looking discussion about India’s innovation economy, its prospects for growth and the challenges it will face.
The Commuique May 2018 edition discusses the cover story
on 'Resolving Insolvency in India'
The Insolvency and Bankruptcy Code (IBC) 2016, is one of
the biggest regulatory reforms corporate India has witnessed
in recent times.
It also features 'UK-India CEO Forum Meeting ', 'CII CEOs Delegation to 11th Commonwealth Business Forum 2018', 'Four Transformations of the Global Energy Market', Economy pieces on 'The Innovation Paradox' & 'Can the Lion Conquer the Forest?' along with a piece on 'India-Africa Economic Partnership'.
Indian companies in the UK, took a Business delegation to Manchester, collaborated on a UK visitor visa policy report, and even supported HM Queen's 90th birthday celebrations! Exhausting as it may be, the best is yet to come.
Charting New India’s Global Integration Strategy. The Partnership Summit, in its 24th edition this year, brought over 2500 delegates from 40 countries together for a close examination of the partnerships and synergies to spark the next phase of global growth, and develop strong multi-countrylinkages and networks to assist the transformation of the global economy.
Building Asean-India Connectivity
ASEAN-India relations are firmly embedded in culture, commerce and connectivity. The year 2017 marked 25 years of ASEAN-India dialogue partnership,15 years of summit-level interaction and 5 years of strategic partnership.
Impact of Globalization on MSME Prospects, Challenges and Policy Implementati...ijtsrd
Globalisation is bound to impact every economic activity -the small scale sector is no exception. Along with that World Trade Organisation W.T.O agreements and negotiations have thrown up a variety of challenges. The disturbing factor is that most of the small units are unaware of these agreements and negotiations and have no idea as to how they are going to affect them. With a view to build the capacity of the Indian micro, small and medium manufacturing enterprises for overcoming competition in the global markets and facing challenges being posed by the entry of the multi nationals in the domestic markets Government of India GoI has taken various policy measures. The current paper focuses on the contribution of MSMEs, prospects and problems for MSMEs in this highly competitive global era. Micro, Small and Medium Enterprises MSME sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural and backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth, the process of globalization is an inevitable phenomenon in human history which has been bringing the world closer since the time of early trader and exploration through the exchange of goods, products, information, jobs, knowledge and culture. S. Chandra Sekhar | N. Radha "Impact of Globalization on MSME: Prospects, Challenges and Policy Implementation on Economic Growth" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29168.pdf Paper URL: https://www.ijtsrd.com/management/business-administration/29168/impact-of-globalization-on-msme-prospects-challenges-and-policy-implementation-on-economic-growth/s-chandra-sekhar
India Summit: The innovation economy will gather opinion leaders from government, business and academia for a frank and forward-looking discussion about India’s innovation economy, its prospects for growth and the challenges it will face.
The March-April edition of the Multilateral Newsletter gives insights on the key happenings at the various multilateral institutions and highlights the key discussions and deliberations at the informal WTO Ministerial Meeting held in New Delhi.
WTO plays a vital role by bringing stability and predictability to the multilateral trading system. It is a collective responsibility of WTO members to address the challenges faced by the system and putting the economies back on steady and meaningful way forward.
Several proposals and initiatives on investment facilitation were tabled at the WTO in the run-up to the 11th Ministerial Conference. The proponents advocated discussions on Investment Facilitation within the WTO framework. However, there was no consensus on initiating negotiations, or even establishing a Work Programme, on Investment Facilitation. A clear need of more work to look at all aspects of a potential multilateral rules on Investment, particularly on its impact on domestic policy space was stated.
In order to deepen the understanding between the member it is important that an open, transparent and inclusive approach of decision making for the various interventions. The informal WTO Ministerial gathering in New Delhi saw convergence of around 53 members representing a broad spectrum of the WTO membership.
CII, as an Industry Institution is cognizant of the need for India to engage constructively in some of the new issues being discussed under the WTO framework.
British South India Council of Commerce and Telangana NRI Forum will be hosting a business meet titled "UK Telangana Business Meet" at British Parliament, London on Thursday, 16th July from 2 PM - 5 PM. UK Telangana Business Meet will be the 12th meet of our "business meet" series, which have been held at British Parliament over the last few years, and we have so far engaged around 1650 delegates as part of our mission to promote trade and investment between UK and India, specifically South India.
This report provides details of "UK South India Business Meet 2015" which was held at British Parliament, London on Thursday, 5th November so as to showcase business opportunities in UK and India, specifically South India. The highlight of the business meet was the release of the 40 page supplement "South India- A dream destination for business" report by three British MPs including Virendra Sharma MP, Ranil Jayawardena MP and Angela Rayner MP. The report was a joint publication between British South India Council of Commerce and The Extraordinary and Plenipotentiary Diplomatist magazine. The business meet was also attended by Telangana MP Mr.Boora Narsaiah Goud Garu, Mr.Venkatesham Burra IAS and Mr.Har Sahay Meena IAS
British South India Council of Commerce and British Business Group Chennai in association with Goa Chamber of Commerce & Industry (GCCI) , The Madras Chamber of Commerce & Industry (MCCI) & Cochin Chamber Of Commerce And Industry (CCCI), organised a business meet " UK Business into Renewed India" at British Parliament, London on Tuesday, 17th March. The post conference report provides the details
India and ASEAN are together home to 1.8 billion people, have a combined economy of US$ 3.8 trillion and a substantial share of world resources. With shared land and maritime boundaries, ASEAN-India relations are firmly embedded in Culture, Commerce and Connectivity. India's “Look East Policy” (LEP) was in force for more than two decades, and thereafter, it has been transformed into “Act East Policy” (AEP) with ASEAN at its core. Starting as a sectoral partner of ASEAN in 1992, India became a dialogue partner of ASEAN in 1996, a summit-level partner in 2002 and a strategic partner in 2012.
Strengthening India's economic relations with the countries in the East is one of the main objectives of India's 'Act East Policy' of the Government of India. Over 50% of India's foreign trade now goes to the East. In addition, India's bilateral trade with ASEAN is around US$72 billion in 2016-17. The two sides are now aiming to scale up bilateral trade to US$200 billion by 2022. India also has extensive and expanding trade relations with APEC economies, which account for 35% of India's merchandise trade.
The November edition of CII Communique features cover story on 'World Food India 2017'. The journal also talks about promoting 'Make in India' in Sweden, India Economic Summit 2017, 12th International Railway Conf, Ayurveda Conclave and discusses How doing business in India got easier, apart from other economy discussions.
Andhra Chamber of Commerce is a 90 year old Business Chamber having its Chapters across TN - Chennai; AP - Vijayawada, Vizag and Nellore & Telangana - Hyderabad.
Chamber offers Business and Trade Facilitation Services to Business Community.
Chamber releases Monthly New Bulletin which shall reach its members spread across all locations.
As two of the fastest growing emerging market economies, India and China together symbolize an economically vibrant Asia. Find out what China’s rapid economic growth implies for India, and more, in the December 2015 issue of the CII Global Watch.
The essence of the CII Sessions on Africa India Cooperation organized during the 52nd Annual Meetings of the African Development Bank Group 2017 at Gandhinagar, Gujarat has been to encourage Indian exporters to access the African countries and increase their presence in the region. This multi-pronged target of increasing trade, investment and developmental activities requires sustained efforts. CII has been taking initiatives towards keeping up the momentum on the Africa agenda with the Indian investors and exporters. The growing India-Africa economic exchanges bear testimony to the tangible benefits that has accrued from the high profile engagements at the Sessions.
The April-May edition of the newsletter outlines the highlights of the Sessions on Africa India Cooperation organized as the part of the 52nd Annual Meetings of the African Development Bank Group as well as provides brief information on happenings at Multilateral regions and institutions.
Indo-French Manufacturing Conclave press releaseD Murali ☆
Indo-French Manufacturing Conclave of IFCCI, MCCI, Invest India
(IFCCI-Indo-French Chamber of Commerce and Industry; MCCI-The Madras Chamber of Commerce and Industry; Invest India-National Investment Promotion and Facilitation Agency; Speakers - Atul Renavikar, Executive Director, Michelin India Pvt Ltd; S. Sarathi, Sr Vice President, Anand Automotive Ltd & Chairman, Manufacturing Committee, MCCI; Payal Koul, Vice President, Invest India; Philippe Janvier-Kamiyama, Consul General of France to Pondicherry; Girish Shankar, IAS, Secretary of Heavy Industries Dept & Chairman, National Automotive Board – not present, but his speech was read out; Ravin Mirchandani, Executive Chairman, Ador Powertron; Panel 1 on co-innovation, the future of the manufacturing industry – Moderator Ravin Mirchandani, Executive Chairman, Ador Powertron; Prof Francois Bernot, Founder - FranceCol Technology, Dr. Ranjit Kovilinkal, Co-Founder - Hygeia e-Services Pvt Ltd; Manu Karan, Vice President, Business Development - Cleanmax Solar; Rahul Kumar, CEO - Lactalis India; Arya Tripathy, Senior Associate – PSA; Panel 2 on sustainable mobility, the path to achieving manufacturing excellence in the automotive industry - Moderator Raghavan Srinivasan, Editor, The Hindu Business Line; B. S. Rao, Managing Director - Mecaplast India Pvt Ltd; Ludovic Gouere, Deputy Director, 2ASDU (Renault); Atul Renavikar, Executive Director - Michelin India Pvt Ltd; Bharat Salhotra, Managing Director - Alstom India & South Asia; Priti Suri, Founder & Managing Partner - PSA)
Blog post link: http://bit.ly/2tHYVEp
The March-April edition of the Multilateral Newsletter gives insights on the key happenings at the various multilateral institutions and highlights the key discussions and deliberations at the informal WTO Ministerial Meeting held in New Delhi.
WTO plays a vital role by bringing stability and predictability to the multilateral trading system. It is a collective responsibility of WTO members to address the challenges faced by the system and putting the economies back on steady and meaningful way forward.
Several proposals and initiatives on investment facilitation were tabled at the WTO in the run-up to the 11th Ministerial Conference. The proponents advocated discussions on Investment Facilitation within the WTO framework. However, there was no consensus on initiating negotiations, or even establishing a Work Programme, on Investment Facilitation. A clear need of more work to look at all aspects of a potential multilateral rules on Investment, particularly on its impact on domestic policy space was stated.
In order to deepen the understanding between the member it is important that an open, transparent and inclusive approach of decision making for the various interventions. The informal WTO Ministerial gathering in New Delhi saw convergence of around 53 members representing a broad spectrum of the WTO membership.
CII, as an Industry Institution is cognizant of the need for India to engage constructively in some of the new issues being discussed under the WTO framework.
British South India Council of Commerce and Telangana NRI Forum will be hosting a business meet titled "UK Telangana Business Meet" at British Parliament, London on Thursday, 16th July from 2 PM - 5 PM. UK Telangana Business Meet will be the 12th meet of our "business meet" series, which have been held at British Parliament over the last few years, and we have so far engaged around 1650 delegates as part of our mission to promote trade and investment between UK and India, specifically South India.
This report provides details of "UK South India Business Meet 2015" which was held at British Parliament, London on Thursday, 5th November so as to showcase business opportunities in UK and India, specifically South India. The highlight of the business meet was the release of the 40 page supplement "South India- A dream destination for business" report by three British MPs including Virendra Sharma MP, Ranil Jayawardena MP and Angela Rayner MP. The report was a joint publication between British South India Council of Commerce and The Extraordinary and Plenipotentiary Diplomatist magazine. The business meet was also attended by Telangana MP Mr.Boora Narsaiah Goud Garu, Mr.Venkatesham Burra IAS and Mr.Har Sahay Meena IAS
British South India Council of Commerce and British Business Group Chennai in association with Goa Chamber of Commerce & Industry (GCCI) , The Madras Chamber of Commerce & Industry (MCCI) & Cochin Chamber Of Commerce And Industry (CCCI), organised a business meet " UK Business into Renewed India" at British Parliament, London on Tuesday, 17th March. The post conference report provides the details
India and ASEAN are together home to 1.8 billion people, have a combined economy of US$ 3.8 trillion and a substantial share of world resources. With shared land and maritime boundaries, ASEAN-India relations are firmly embedded in Culture, Commerce and Connectivity. India's “Look East Policy” (LEP) was in force for more than two decades, and thereafter, it has been transformed into “Act East Policy” (AEP) with ASEAN at its core. Starting as a sectoral partner of ASEAN in 1992, India became a dialogue partner of ASEAN in 1996, a summit-level partner in 2002 and a strategic partner in 2012.
Strengthening India's economic relations with the countries in the East is one of the main objectives of India's 'Act East Policy' of the Government of India. Over 50% of India's foreign trade now goes to the East. In addition, India's bilateral trade with ASEAN is around US$72 billion in 2016-17. The two sides are now aiming to scale up bilateral trade to US$200 billion by 2022. India also has extensive and expanding trade relations with APEC economies, which account for 35% of India's merchandise trade.
The November edition of CII Communique features cover story on 'World Food India 2017'. The journal also talks about promoting 'Make in India' in Sweden, India Economic Summit 2017, 12th International Railway Conf, Ayurveda Conclave and discusses How doing business in India got easier, apart from other economy discussions.
Andhra Chamber of Commerce is a 90 year old Business Chamber having its Chapters across TN - Chennai; AP - Vijayawada, Vizag and Nellore & Telangana - Hyderabad.
Chamber offers Business and Trade Facilitation Services to Business Community.
Chamber releases Monthly New Bulletin which shall reach its members spread across all locations.
As two of the fastest growing emerging market economies, India and China together symbolize an economically vibrant Asia. Find out what China’s rapid economic growth implies for India, and more, in the December 2015 issue of the CII Global Watch.
The essence of the CII Sessions on Africa India Cooperation organized during the 52nd Annual Meetings of the African Development Bank Group 2017 at Gandhinagar, Gujarat has been to encourage Indian exporters to access the African countries and increase their presence in the region. This multi-pronged target of increasing trade, investment and developmental activities requires sustained efforts. CII has been taking initiatives towards keeping up the momentum on the Africa agenda with the Indian investors and exporters. The growing India-Africa economic exchanges bear testimony to the tangible benefits that has accrued from the high profile engagements at the Sessions.
The April-May edition of the newsletter outlines the highlights of the Sessions on Africa India Cooperation organized as the part of the 52nd Annual Meetings of the African Development Bank Group as well as provides brief information on happenings at Multilateral regions and institutions.
Indo-French Manufacturing Conclave press releaseD Murali ☆
Indo-French Manufacturing Conclave of IFCCI, MCCI, Invest India
(IFCCI-Indo-French Chamber of Commerce and Industry; MCCI-The Madras Chamber of Commerce and Industry; Invest India-National Investment Promotion and Facilitation Agency; Speakers - Atul Renavikar, Executive Director, Michelin India Pvt Ltd; S. Sarathi, Sr Vice President, Anand Automotive Ltd & Chairman, Manufacturing Committee, MCCI; Payal Koul, Vice President, Invest India; Philippe Janvier-Kamiyama, Consul General of France to Pondicherry; Girish Shankar, IAS, Secretary of Heavy Industries Dept & Chairman, National Automotive Board – not present, but his speech was read out; Ravin Mirchandani, Executive Chairman, Ador Powertron; Panel 1 on co-innovation, the future of the manufacturing industry – Moderator Ravin Mirchandani, Executive Chairman, Ador Powertron; Prof Francois Bernot, Founder - FranceCol Technology, Dr. Ranjit Kovilinkal, Co-Founder - Hygeia e-Services Pvt Ltd; Manu Karan, Vice President, Business Development - Cleanmax Solar; Rahul Kumar, CEO - Lactalis India; Arya Tripathy, Senior Associate – PSA; Panel 2 on sustainable mobility, the path to achieving manufacturing excellence in the automotive industry - Moderator Raghavan Srinivasan, Editor, The Hindu Business Line; B. S. Rao, Managing Director - Mecaplast India Pvt Ltd; Ludovic Gouere, Deputy Director, 2ASDU (Renault); Atul Renavikar, Executive Director - Michelin India Pvt Ltd; Bharat Salhotra, Managing Director - Alstom India & South Asia; Priti Suri, Founder & Managing Partner - PSA)
Blog post link: http://bit.ly/2tHYVEp
The October edition of CII Communique features cover story on "MSMEs in India: The Road Ahead". The journal also talks about India Japan Business Leaders Forum, various initiatives undertaken during the month and economy in detail.
India Healthcare summit aims to establish an understanding of major health industry challenges and opportunities in India, UK and around the world. The summit will cover three major topics: healthcare system reform, public health (addressing chronic diseases) and new technologies.
The topic was delivered by Shri B.S. Mubarak IFS, Director (South) – Ministry of External Affairs, Government of India, Delhi | Former Consul General of India in Saudi Arabia.
Similar to India's Business Footprint in the UK (20)
The May edition of the Multilateral Newsletter highlights the key deliberations from the Forum and provides the key recommendations made by the OECD stakeholders. In addition, the edition covers major happenings at the World Bank, Asian Development Bank (ADB), B20 and International Labour Organisation (ILO).
Micro, Small and Medium Enterprises (MSMEs) sector is the backbone of the national economic structure and has acted as the bulwark for the Indian economy, providing it resilience to fend off global economic shocks and adversities. The development of the sector is extremely critical to meet the national imperatives of financial inclusion and generation of significant levels of employment across urban, rurban and rural areas and to catalyse socio-economic transformation.
Easy access to credit and finance remains one of the many challenges faced by the sector. Hence, in view of the sector's importance in the overall economic landscape, it is critical the MSME sector develops through the concerted efforts of various stakeholders, including banks and financial institutions, equity funds, industry majors and MNCs, regulators across various ministries at the Center and in the States, and trade associations, together, to create a forward-looking framework and ecosystem. The competitiveness of the MSME sector is critical for sustaining economic growth.
It’s a matter of concern that 600 million people in India face high to extreme water stress in the country. About three-fourths of the households in the country do not have drinking water at their premise. With nearly 70% of water being contaminated, India is placed at 120th amongst 122 countries in the water quality index. It’s a fact that water is a State subject and its optimal utilization and management lies predominantly within the domain of the States. This index is an attempt to budge States and UTs towards
efficient and optimal utilization of water and recycling thereof with a sense of urgency.
GST, the single taxation regime, was implemented a year back and though there were some initial implementation issues, as is the case with any system for the first time, it is safe to say that the GST has been the biggest tax reform of Independent India.
Cyberspace is rapidly transforming our lives – how we live, interact, govern and create value. With the JAM (Jan Dhan, Aadhaar and Mobile) trinity, India is at the forefront of global digital transformation. “Digital India” is being hailed as the world's largest technology led programme of its kind.
While internet, smartphones and modern information and
communication devices have been great force multipliers, endless connectivity and proliferation of IoT devices is giving rise to vulnerabilities, risks and concerns. Cyber security is today ranked among top threats by governments and corporates. Heightened concerns about data security and privacy have resulted in a spate of regulations in India and across the world. India is in the process of discussing and enacting its own comprehensive data security and privacy regulation, as well as vertical specific ones. Cyber security is an ecosystem where laws, organisations, skills, cooperation and
technical implementation would need to be in harmony to be
effective.
Overall, a robust regulatory framework based on global and
country-specific regulations, development of a holistic cyber
security eco-system (academia and industry as well as
entrepreneurial) and a coordinated global approach through
proactive cyber diplomacy would help to secure cyber space and promote confidence and trust of key stakeholders including
citizens, businesses, political and security leaders.
CII has been actively working in the cyber security space. The CII Task Force on Public Private Partnership for Security of the Cyber Space has been set up to bring about improvements in the legal framework to strengthen and maintain a safe cyberspace ecosystem by capacity building through education and training programmes. We would facilitate collaboration and cooperation between Government and Industry in the area of cyber security in general and protection of critical information infrastructure in particular, covering cyber threats, vulnerabilities, breaches, potential protective measures, and adoption of best practices.
Delhi, the capital of India, has emerged as a major commercial capital and industrial hub of India. It is home to a wide range of industries including textiles, electrical and electronics, IT &ITeS services, hotel and tourism, which have contributed immensely to the economic and industrial growth of the country. Nearly 88% of the SMEs in Delhi revealed that this cluster is as an attractive destination for conducting business. Delhi has become an attractive business and tourist destination. This is driven by its improved infrastructure, good connectivity with other Asian and western regions, ease of access to market and availability of skilled labor among others. Consequently, it has emerged as
one of the most preferred investment and business destinations.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
Businesses are gradually recognizing that ethics means good business. It is believed that well-run and trustworthy
companies are more likely to attract greater investment opportunities, which enables them to innovate and expand, and
generate wealth and jobs. Good corporate governance practices are regarded as providing an 'extra' edge to companies
to enhance their image and stay ahead in an intensely competitive business environment. This would help them imbibe
universally accepted values of ethics and good governance—accountability, transparency, responsibility and
responsiveness to stake holders. Besides, it would also mean looking beyond achieving mere economic sustainability to
include social and environmental sustainability as well. Many corporates are adhering to sustainable business practices
and many more are likely to follow suit in the time to come.
On the domestic front, CII expects economic growth to bounce back to 7.3-7.7 per cent in FY19 from the estimated 6.6
per cent in FY18. The prognosis of improved rural consumption and a recovery in private investment will support
growth, even as the debilitating effects of demonetisation and GSTimplementation will fade away
The government of India has, in the past few years, accorded an utmost priority to the Ease of Doing Business (EoDB). The accent is on simplification of regulations and use of technology to make the compliance more efficient for businesses. Apart from the Centre, the States are also being encouraged to implement business reforms in the spirit of competitive federalism, to foster reforms at the sub-national level. The measures are aimed at creating a conducive business environment, which is a key to facilitating growth and creating jobs. Thanks to these measures, India’s EoDB ranking, captured by the World Bank, has improved by 42 spots since 2014 to touch the 100th position now. The Prime Minister envisions India among the top 50 nations in the next couple of years.
While business reforms are being undertaken at a rapid pace and large scale, cutting across Central as well as state levels, it is imperative that awareness about these developments is created among stakeholders and regular feedback is generated to address the gaps in the implementation of reforms. Identification of pending issues and suggesting possible solutions are equally vital. It is also important to identify the best practices within and outside the country, which are considered for implementation by the needy states.
The report reflects on the role of broadband connectivity and the multiplier effect it has on the larger ecosystem. India is ripe for a Digital rethink, with both government and industry aligning their efforts toward a broadband powered Digital India. Broadband has the power to enable the gigabit society that is always connected. Broadband connectivity has changed the way people
communicate, socialise, create, sell, shop and work. India’s digital consumption patterns highlights the evolution. On an average Indians spend 200 minutes on mobile every day, with the second highest app downloads globally. Almost 79% of the web traffic in India is on mobile.
To realise the Digital India dream, there is a need to strengthen the broadband backbone, which forms a key pillar of this transformation. This report highlights the need for future ready and robust broadband infrastructure and the requisite efforts for expediting its reach.
South Africa and India share a rich past and bright future. India has transitioned from being South Africa’s political ally to being a vibrant economic partner. Despite challenges, the opportunity for increasing the value of bilateral trade between the two countries is growing exponentially each year.
South Africa and India have nurtured a bilateral relationship since the 1860s, when the first Indians arrived in South Africa. India was one of the first countries that rallied at the United Nations in support of the anti apartheid movement in South Africa. The strong bond established between the two countries during the struggle for democracy in South Africa became further entrenched in post-apartheid South Africa.
Most global businesses recognise South Africa as the most favourable destination in Africa for making long-term investments. The country offers a stable political and economic environment with established institutions. Policies and procedures are well articulated and consistent, and it offers a free and competitive environment with open-minded consumers. South Africa provides the most stable and technologically viable environment for Indian companies wishing to establish a base from which to expand across the continent. As a gateway to Africa, it is renowned for its infrastructure, skills pool and expertise.
Our world is changing at an unprecedented pace, driven by a new digital economy. Companies across sectors are keen to become more efficient, disruptive, and differentiated, by using new technologies and supported by an ecosystem of customers, partners, and technology leaders. New-age technologies such as Artificial Intelligence (AI), Augmented Reality (AR), Blockchain, Machine Learning, 3D printing, and IoT are gaining more and more importance and acceptance.
India has all the ingredients in place to leverage this innovation and technological advantage in the long run, including university graduates, public institutes and corporates. However, India’s gross expenditure on R&D as a proportion of GDP (GERD) is less than 0.7% as of 2014-15 and within this, the share of industry is just 30%. Further, the vast SME sector needs to scale up technology infusion for higher productivity.
This is the fifth edition of the Grant Thornton India meets Britain Tracker, developed in collaboration with the Confederation of Indian Industry. The India Tracker identifies the fastest-growing Indian companies in the UK, as well as the top Indian employers. It provides insight into the evolving scale, business activities, locations and performance of the Indian-owned companies who are making the biggest impact in the UK.
This year, our research identified approximately 800 Indian companies operating in the UK, with combined revenues of £46.4 billion (£47.5 billion in 2017). Together, they paid £360 million in corporation tax (£275.7 million in 2017) and employed 104,932 people (105,268 in 2017). This shows the continued importance of the contribution that Indian companies make to the UK economy.
The Make in India initiative of the government which lays emphasis on domestic manufacturing, indigenization and import substitution, is expected to pave the way for making the Indian defence sector self-sufficient.Encouragingly, the Indian industry is now actively engagedand is partnering with the government in building a modern and best-in-class defence systems, equipment and components which should strengthen our forces and make the country more self-reliant. The formation of the Society of Indian Defence Manufacturers (SIDM) as an apex body of the Indian defence industry is critical in this regard. SIDM is expected to play a proactive role as an advocate, catalyst and facilitator for building the growth and capability of the defence industry in India. Given the rising importance of buttressing the Make in India programme for expanding the capacity of the Indian defence sector, in this issue of Economy Matters, a few SIDM office bearers and defence experts present their insights into this crucial topic.
As India integrates deeper into the global economy, it is becoming increasingly clear that the country needs to focus both on meeting international competition and its own developmental challenges.
The Government launched several initiatives last year, such as Make in India, Skill India, and Digital India, among others, towards make the vision of integrated inclusive development a reality.
For industry, grappling with the challenges of disruptive technologies, restrictive trade laws, environmental responsibilities and more demanding and discerning customers, the imperative is for sharper focus on producing excellent goods and services, along with building skills, generating jobs, and mainstreaming the marginalized.
Personal and freight mobility are important aspects of economic development and therefore create a significant footprint on the natural environment, especially on the ambient air quality. Vehicular emissions have been identified as one of the sources of air pollutants, specially PM 2.5, as per source apportionment study of IIT-Kanpur commissioned by Government of NCT of Delhi in the year 2015 (Sharma and Dikshit, 2016). Although there are other contributors to air pollution but the vehicular pollution remains a major non-point source. Efforts are needed for reducing the overall impact of the same. Another distinguishing feature of Delhi’s transportation system is the medium and heavy commercial vehicles (MHCVs) which are 2.5% of the total vehicular population but are responsible for over 65% of the total vehicular pollution as well as fuel consumption.
Under CII-NITI Aayog 'Cleaner Air Better Life Initiative', the task force on clean transportation has undertaken a consultative process to identify seven areas of action towards mitigation of air pollution in Delhi and National Capital Region (NCR). To begin with, it proposes mobility reforms to induce a more fundamental change from private vehicle towards sustainable means of transportation such as public and shared transportation. Further, limiting high-mileage polluting vehicles, strengthening Pollution-Under-Control (PUC) regime, allowing retailing of bio-fuels, promoting electric-mobility, decongesting traffic hotspots and retrofitting solutions are recommended by the task force, as elaborated.
Confederation of Indian Industry (CII) takes immense pleasure in presenting the third edition of Annual CSR Tracker 2017. Similar to the last two editions, this is the most comprehensive analysis of CSR disclosures of Bombay Stock Exchange (BSE-listed) companies obligated to practice CSR as per the Companies Act, 2013.
The Annual CSR Tracker 2017 is based on disclosures of 1,522 companies as compared to 1,270 companies in 2016 and 1,181 in 2015. Disclosures are broken into approximately, 41 indicators spread across six aspects of CSR legislation: governance, policy, financials, spends as per Schedule VII, spend channels, and spend locations. Also included is beneficiary data that companies voluntarily disclose in their annual reports.
At CII Indian Women Network, we are driven by the imperative that Indian women become a core critical mass of the workforce to bring about the transformational change in attitude and behavior. We have also recognized the importance of some amazing women role models who can inspire the future generation into believing that there are no limits to what a woman can achieve. One critical aspect is our own self-belief and innermost conviction that will ultimately help us triumph in our relentless struggle for gender equality. It is a pleasure to share this comprehensive report with you that captures the universe of several variables that will impact our future progress.
To strengthen the major growth drivers and would go a long way towards facilitating the path of a GDP growth rate of more than 8%. Many of the measures announced in this Budget such as market linkages for the rural economy, incentives for new jobs, fixed term employment, enhancing the quality of education, including teachers training, and addressing healthcare access are in line with CII recommendations.
To enable India to leapfrog into the digital age, CII has been advocating on four broad pillars i.e. building robust infrastructure,
reducing cost of inputs, workforce development and promoting innovation and R&D. In this regard, the Budget’s proposal for
encouraging high-end technologies is a forward-looking initiative. The Government's move to double the allocation on the Digital India programme will help research and skilling in Robotics, Artificial Intelligence (AI) and Internet of Things (IoT), among others.
The initiatives on National Programme on Artificial Intelligence to be set up by NITI Aayog, the 5G test-bed in IIT, Madras and the mission to encourage Big Data, Cybersecurity and Robotics announced in the Budget will help promote Industry 4.0. All these would lay the foundation for the proliferation of advanced manufacturing in India while creating new skills and jobs in the country.
Revitalizing Healthcare Sector in India. It is generally believed that developing a robust healthcare system is a cornerstone for rapid economic and societal development as it helps harness the latent potential of our populace. A healthy population is a pre-requisite for improv- ing human productivity reducing poverty, enhancing living standards and thereby achieving growth with inclusion. In this connection, it is noteworthy that the Union Budget 2018- 19 has introduced the National Health Protection Scheme (NHPS) to provide bene ts to 500 million people with an an- nual limit of Rs 5 lakhs for hospitalisation.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
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A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Canadian Immigration Tracker March 2024 - Key SlidesAndrew Griffith
Highlights
Permanent Residents decrease along with percentage of TR2PR decline to 52 percent of all Permanent Residents.
March asylum claim data not issued as of May 27 (unusually late). Irregular arrivals remain very small.
Study permit applications experiencing sharp decrease as a result of announced caps over 50 percent compared to February.
Citizenship numbers remain stable.
Slide 3 has the overall numbers and change.
2. On 1 February 2018, the Confederation of Indian Industry (CII) and Indo-
British All Party Parliamentary Group organised a historic showcase of Indian
companies in UK at the Houses of Parliament with Grant Thornton and
launched the ‘Manchester India Partnership’ to enhance regional connect
CII and Indo-British All Party Parliamentary Group organised a historic showcase of Indian companies in UK
at the Houses of Parliament with Grant Thornton, and launched the Manchester India Partnership.
Standing L-R: His Excellency Shri YK Sinha, High Commissioner of India to the UK, Lord Jim O'Neill, Baroness
Rona Fairhead, Minister of State for International Trade, Rt Hon Matthew Hancock, Secretary of State for
Digital, Culture, Media and Sport, Virendra Sharma MP, Chair, Indo British APPG, Dr David Landsman, Chair,
CII India Business Forum (UK) and Executive Director, Tata Limited, Andrew Cowan, CEO, Manchester Airport
Group, Shuchita Sonalika, Director and Head- UK, CII and Lakshmi Kaul, Representative- UK, CII
The ‘India in UK’ Showcase
The first of its kind historic showcase of high-growth Indian companies in the UK was held at the
Terrace Pavilion in UK Parliament on Thursday, 1st
February 2018 providing parliamentarians a great
opportunity to interact with several Indian business leaders and representatives from across the UK.
The programme, hosted by Virendra Sharma MP, Chair of the Indo-British All Party Parliamentary
Group was organised by the Confederation of Indian Industry (CII) supported by Grant Thornton and
Manchester India Partnership (MIP).
Key Dignitaries
Key dignitaries including HE YK Sinha, High Commissioner of India, Baroness Fairhead CBE, Minister
of State, UK Department for International Trade, Rt Hon Matt Hancock, Secretary of State for
Culture, Sports & Media, HE YK Sinha, High Commissioner of India, David Landsman, Chair, CII India
Business Forum and Executive Director, Tata Limited, Lord Jim O’Neill, Andrew Cowan, CEO,
Manchester Airport Group and Chair, Manchester India Partnership along with nearly 20 MPs and
Peers across party lines representing various constituencies and regions of UK attended the program,
reinforcing the narrative to strengthen UK-India ties further. Over 100 stakeholders including Indian
companies, parliamentarians, government representatives and institutional partners participated in
this unique event aiming to highlight the major success stories of UK-India economic cooperation.
3. Dr David Landsman, Chair, CII India Business Forum and Executive Director, Tata Limited welcomed
all the dignitaries and reflected on the increasing footprint of Indian companies across UK. He
remarked that there has probably never been more attention on the economic relationship between
the UK and India, as India undertakes significant market reforms and the UK prepares to leave the
EU. He showed how there is an essence of India Inc in everyday British life today and said that it was
time to put the spotlight on the huge contribution which Indian businesses make to the UK economy.
Rapid-fire Panel Discussion
Dr Landsman also moderated a rapid-fire panel discussion in game show style, where representatives
of high-growth companies spoke about their operations. The panel included Ms. Tara Naidu, Regional
Manager – UK & Europe, Air India, Mr. Udayan Guha, Senior Vice President, HCL Technologies, Mr.
Sudhir Dole, MD and CEO, ICICI Bank UK, Mr. Bhushan Patil, Senior Vice President – UK & Southern
Europe, Tech Mahindra and Mr Sreeram Venkateswaran, CEO, Hero Cycles UK. Outlining the
business footprint across the UK, panellists highlighted their investments, employment and regional
presence across the country, institutional collaborations and interesting achievements or initiatives.
The Numbers and Stories
Highlights from two reports, CII-Grant Thornton “India Meets
Britain” tracker and CII-UKIBC “India in the UK: India’s
business footprint in the UK” were shared on the day. A
presentation outlining the key results of the Fourth edition of
the Grant Thornton “India Meets Britain” tracker developed in
collaboration with CII was made by Anuj Chande, Partner and
South Asia Head, Grant Thornton which revealed how 800
Indian companies in the UK sustain 110,000 jobs and generate
GBP 47.5 billion in combined turnover. The major sectors of
their operations include Technology and telecoms,
Pharmaceuticals and chemicals, Business services, Financial
services, Engineering and manufacturing, Energy, Media,
Healthcare, Automotive, Transport and Logistics, Hospitality
and Tourism, Food and Beverage and Education. They are most
concentrated in the London region, with 44% of Indian
companies based in the capital. Nearly a quarter are based in
the South, while 15% are in the North and 11% in the Midlands.
Mr Virendra Sharma MP, Chair Indo
British APPG opens the floor at the CII
‘India in UK’ show
David Landsman moderates a rapid-fire panel discussion in
game show style with TechMahindra, HCL Technologies, Air
India, ICICI Bank and Hero Cycles
Anuj Chande, Partner and South Asia
Head, Grant Thornton shares results from
India Meets Britain tracker
4. Support for stronger India-UK ties
HE YK Sinha, High Commissioner of India to the UK emphasised the need for such interactions to
highlight Indian success stories and generate more positive news about the increasing footprint of the
Indian companies in the UK and the strengthening of UK-India relationship.
Rt Hon Matthew Hancock, Secretary of State
for Digital, Media, Culture and Sport attended
the programme and expressed his passion and
commitment to strengthening collaboration,
particularly in sport, culture, digital and media
fields between the two countries. He applauded
celebrations under the UK-India Year of Culture
and said that he was very optimistic about the
future of India-UK relations. Digital innovation
and technology and broadcast media have
greater scope for collaboration. He also recalled
taking the first British Parliamentary cricket
team on a tour of India!
David Landsman presented him with a
“Cracking the Code t-shirt, which marked the
launch of the Tata Group’s TCS and NESTA UK
mathematics program. NESTA UK was
established as the National Endowment for
Science Technology and the Arts, designed to
promote creativity, talent and innovation
across a wide spectrum of areas and interests.
David Landsman presents Secretary of State for Digital
Culture Media and Sport, Rt Hon Matt Hancock, with a
“Cracking the Code t-shirt, which marks the launch of
the Tata Group’s TCS and NESTA UK mathsprogram
I am happy to note that the CII and the Indo-British APPG are jointly promoting Indian businesses and
companies in the UK. Indian companies have contributed immensely towards the growth of the UK economy,
creating wealth and a large number of jobs. I would like to convey my best wishes on the launch of the
Manchester India Partnership and would be happy to extend support to this initiative.”
– HE Shri YK Sinha, High Commissioner of India to the UK
5. Congratulating the CII and MIP,
Baroness Rona Fairhead, Minister
of State for International Trade
congratulated the CII on organising
the showcase of Indian companies
in Westminster. “You need to hear
the numbers to realise how
significantly Indian companies
have invested and how good that is
for job creation and for innovation
in our country”, she said. She was
delighted to see several regional
stakeholders, especially from the
North, gather and celebrate the
Greater Manchester region’s
involvement in the Manchester-
India partnership, which she
believed would play a big role in
enhancing the wider UK-India
relationship. Baroness Fairhead
addressed the India in UK showcase in Westminster, ahead of her first official visit to India. This was
her first interaction with Indian industry in the UK Parliament as Minister for International Trade.
The Manchester-India Partnership
Manchester-India Partnership (MIP) was launched in the presence of High Commissioner Sinha,
Minister Matt Hancock, Baroness Rona Fairhead, Lord Jim O’Neill and Andrew Cowan. As a public
private initiative aimed at building closer ties with India, the Partnership encompasses the full scope
of country to city interaction: trade, investment, science and innovation, connectivity and culture.
Chaired by Andrew Cowan, CEO, Manchester Airport, the MIP leadership team consists of senior
representatives of Manchester’s business, university and public sector; the intent being a joined-up
and strategic approach to one of the UK’s most important international partners. Founding partners
of Manchester-India Partnership are Manchester Airport Group, Deloitte, Growth Company, MIDAS,
Greater Manchester Local Enterprise Partnership and the CII. Lord Jim O’Neill while launching the MIP
remarked “The Manchester India Partnership is an exciting initiative, which recognises the rising
importance of international cities in forging strategic international partnerships. India is one of the
world’s largest and fastest growing economies; it therefore makes eminent sense for Manchester to
further develop its’ air connectivity, trade, science and cultural links with this emerging global power.”
“Many Indian companies have set up base in Greater Manchester,
including HCL Technologies, ICICI Bank, Hero Cycles and Tech Mahindra
– whose success stories demonstrate the strength and potential of the
Northern Powerhouse. I am excited to see what the future holds for this
natural partnership.”
– Baroness Rona Fairhead, Minister of State for International Trade
Lord Jim O’Neill (left) speaks of the importance of regional connectivity, while Andrew Cowan, Chair of the
Manchester-India Partnership and CEO, Manchester Airport Group emphasises the need for direct flight
routes between India and Manchester.
6. An Exhibition Walkthrough
A walkthrough exhibition of Indian companies such as Tata, Tech Mahindra, HCL Technologies, ICICI,
Union Bank, Hero Cycles, Air India and Varana World represented the diversity of sectors where
Indian companies operate including Technology, Manufacturing, Services, Banking & Financial
Services, Tourism, Fashion and Luxury products.
Glimpses from the exhibition and the walkthrough with Baroness Rona Fairhead, Minister of State for
International Trade, where she stopped to interact with exhibiting companies.
CII in the UK:
Shuchita Sonalika
Director and Head – UK | Confederation of Indian Industry (CII)
C/O Confederation of British Industry (CBI) | Cannon Place, 78 Cannon Street, London EC4N 6HN
Phone (UK Office): +44 20 7395 8076 | Email: shuchita.sonalika@cii.in | Web: www.cii.in/uk