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India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >
New Delhi, Dec 14 (PTI) 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 I ...Read More >
India's Media and Entertainment sector is poised for significant growth, projected to contribute over $100 billion to GDP and create five million jobs by 2030. A new CII report urges an integrated policy framework, unified regulations, and infrastructure investment to transform India into a global creative hub. New Delhi: An integrated policy action framework is needed to transform India into a globally competitive creative economy hub by 2030, according to the CII's India's M&E Sector Report r ...Read More >
New Delhi: India's enterprise AI landscape has reached an inflexion point as 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, a report said on Sunday. 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 ...Read More >
Reliance Industries is establishing a 1 GW AI data center in Andhra Pradesh, a significant investment following Google's similar commitment. This modular facility, powered by a planned 6 GW solar project, will host advanced AI processors. The deal also includes plans for a greenfield integrated food park, bolstering the state's target of 6 GW data center capacity. Reliance Industries will establish a 1 GW AI data centre in Andhra Pradesh. This is the second big-ticket investment commitment from ...Read More >
Visakhapatnam, Nov 14 (PTI) Andhra Pradesh and Singapore governments on Friday signed a deal on urban governance, sustainable development, and flight services between Vijayawada and the city-state at the 30th CII Partnership Summit here. Chief Minister N Chandrababu Naidu said Singapore's government and companies operate on innovative ideas, and that Andhra Pradesh is keen to collaborate with such entities. "Singapore and Andhra Pradesh governments sealed the deal in the presence of Chief Mini ...Read More >
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27. New Delhi [India], November 10 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with country's leading economists in New Delhi in connection with the upcoming Union Budget 2026-27. Th ...Read More >
New Delhi, Oct 28 (PTI) Union Minister Nitin Gadkari on Tuesday said commuters on national highways will soon be able to access necessary details of contractors and officers concerned including their name, address and mobile numbers. The move aims to fix responsibility of not only those managing highway projects in the country but also officers concerned, the minister for road, transport and highways said, while addressing a conference organised by the Confederation of Indian Industry (CII) in ...Read More >
New Delhi [India], October 28 (ANI): Union Minister for Road Transport and Highways, Nitin Gadkari, emphasised on Tuesday that infrastructure development should prioritise citizens' comfort and convenience. According to an official release, speaking at the CII National Conference on "Future of Smart Roads - Safety, Sustainability and Resilience," Gadkari outlined three key pillars for infrastructure growth: People, Prosperity, and Planning. Also Read | Bihar Assembly Elections 2025: BJP Calls ...Read More >
Bengaluru: Leading office developers are setting up platforms to offer GCC-as-a-service to new global capability centres looking to set up operations in India. GCCs constitute a significant portion of the tenant base for most commercial office developers. So far, mainstream office developers and flexible office space operators have leased space to such offshore R&D and backend centres for global companies. Now, developers are looking to leverage the opportunity to provide real estate, operation ...Read More >
Andhra Pradesh Chief Minister N Chandrababu Naidu secured a Rs 100 crore investment from Sobha Group Chairman Ravi PNC Menon for a world-class library in Amaravati during his UAE tour. Naidu presented Andhra Pradesh as a premier investment hub, highlighting its strengths and growth opportunities for UAE-based firms, ahead of the CII Partnership Summit 2025. Andhra Pradesh Chief Minister N Chandrababu Naidu welcomed Rs 100 crore investment from Ravi PNC Menon, Chairman of Dubai-based Sobha Group ...Read More >
Vijayawada: Chief Minister N. Chandrababu Naidu would be in the UAE on a three-day visit to invite global industry giants for the CII partnership summit in Visakhapatnam on November 14 and 15 and seek investments to the state. Naidu would take off from Hyderabad to Dubai in the morning. He would participate in one-on-one meetings, visit the Dubai Future Museum and partnership summit road show in Dubai. On Thursday, he would visit YAS island and participate in a business roundtable meeting. On ...Read More >
Pointing to Google's decision to set up a major AI data centre, Naidu said Vizag is emerging as a 'preferred city' for several tech companies and stressed prioritising skill development and human resources. The CM further said that universities and educational institutions should also be represented at the summit. Andhra Pradesh chief minister N Chandrababu Naidu on Sunday said the state should be developed as a destination for Artificial Intelligence, ahead of the proposed CII partnership summ ...Read More >
According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth. The International Monetary Fund (IMF)'s recent upward revision of India's FY26 economic growth forecast to 6.6% from 6.4% earlier reflects the country's economic resilience and strong fundamentals, Commerce and Industry Minister Piyush Goyal sa ...Read More >
Union Railway Minister Ashwini Vaishnaw on Wednesday highlighted India's remarkable progress in railway modernisation under the leadership of Prime Minister Narendra Modi, stating that the results of the past 11 years are clearly visible. New Delhi, Union Railway Minister Ashwini Vaishnaw on Wednesday highlighted India's remarkable progress in railway modernisation under the leadership of Prime Minister Narendra Modi, stating that the results of the past 11 years are clearly visible. Speaking ...Read More >
Union Minister Ashwini Vaishnaw announced a significant transformation for Indian Railways, highlighting unprecedented track laying and station redevelopment. He also revealed that recruitment for RPF personnel will now be conducted annually, ensuring a consistent intake of new constables and sub-inspectors to bolster the force and improve cadre management. Union Minister Ashwini Vaishnaw on Monday said the Indian Railways remained neglected for over five decades, but now it is undergoing total ...Read More >
Mumbai: With the government enforcing a nationwide ban on real-money gaming (RMG) and unveiling draft rules for the broader online gaming sector, industry players are urging policymakers to redirect attention toward nurturing legitimate video gaming and esports in India. Executives say that with RMG-based platforms now outlawed, the next phase of policy action should prioritise building sustainable, non-monetary gaming ecosystems through fiscal incentives, infrastructure investment, and clearer ...Read More >
With his state's shrimp farmers hit by the White House's tariffs, Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday met Finance Minister Nirmala Sitharaman to seek funds under the Purvodaya scheme to "strengthen" the aquaculture sector. In the 2024 Lok Sabha polls, the Bharatiya Janata Party (BJP) fell 32 seats short of the majority mark. Bihar's Janata Dal (United), led by Chief Minister Nitish Kumar, and Andhra's Telugu Desam Party (TDP), headed by Naidu, became crucial constituent ...Read More >
Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam. Through "atmanirbharta", India is building supply chains to navigate through weaponisation of trade, Union Minister of Commerce and Industry Piyush Goyal said on September 30. Delivering the address at the curtain raiser event for the 30th CII Partnership Summit in New Delhi, Goyal said g ...Read More >
New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
NEW DELHI: Commerce and industry minister Piyush Goyal will visit Doha next week to kick off talks for a bilateral trade agreement, adding another Gulf nation to the bouquet of countries negotiating trade treaties with India. UAE already has a pact with India.Sources said the minister will travel to Singapore as well, an ASEAN member with which India has a Comprehensive Economic Cooperation Agreement (CECA) but is not satisfied with the outcomes. He will also meet European trade commissioner Mar ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has invited global industry leaders to the CII Partnership Summit in Visakhapatnam on Nov 14 and 15. He said, "Andhra Pradesh is endowed with unique advantages, including a long coastline, an investment-friendly atmosphere with pro-industry policies, and a technologically skilled youth force." Speaking as the chief guest at the curtain-raiser of the 30th CII Partnership Summit in Visakhapatnam, in Delhi on Tuesday evening, the CM said he is hos ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu's commitment to technology-driven governance, progressive approach and leadership received accolades at the 30th CII Partnership Summit in New Delhi on Tuesday. Union commerce and industry minister Piyush Goyal praised Naidu at the summit, highlighting the CM's progressive approach, his commitment to technology-driven governance, and leadership qualities in hosting the summit for the seventh time. Goyal praised Naidu for the pioneering initiati ...Read More >
New Delhi, Sep 30 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu, inviting global industry leaders to the CII Partnership Summit to be held in Visakhapatnam on November 14 and 15, today stated that the state is endowed with unique advantages, including a long coastline, an investment-friendly atmosphere with pro-industry policies, and a technologically skilled youth force. Speaking as the chief guest at the curtain-raiser of the 30th CII Partnership Summit in Visakhapatnam held here th ...Read More >
NEW DELHI: India is working on the principle of self-reliance and building value chains that will safeguard the country during difficult times when there is turbulence in global trade, Commerce and Industry Minister Piyush Goyal said at a CII event here on Tuesday. "We are building capabilities, supply chains, and value chains which can help us in difficult times, and ensure we will not be subjected to any weaponisation of trade and we will always be in a position to meet our international obli ...Read More >
New Delhi [India], September 30 (ANI): India's thrust is for Self-Reliance (Atmanirbhar) to secure our supply chains; Self-Confidence (Atmavishwas) to aim for big goals; and Self-Protection (Atmaraksha) to protect the interests of India, said Union Minister of Commerce and Industry Piyush Goyal on Tuesday. According to an official release from the Ministry of Commerce and Industry, delivering the address at the Curtain Raiser event for the 30th CII Partnership Summit in New Delhi, the Minister ...Read More >
New Delhi [India], September 30 (ANI): India's thrust is for Self-Reliance (Atmanirbhar) to secure our supply chains; Self-Confidence (Atmavishwas) to aim for big goals; and Self-Protection (Atmaraksha) to protect the interests of India, said Union Minister of Commerce and Industry Piyush Goyal on Tuesday. According to an official release from the Ministry of Commerce and Industry, delivering the address at the Curtain Raiser event for the 30th CII Partnership Summit in New Delhi, the Minister ...Read More >
New Delhi [India], September 30 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Monday said that India is steadily advancing on three core principles: Aatmanirbharta (self-reliance), Aatmavishwas (self-confidence), and Aatmaraksha (self-protection). "India is advancing on three foundational principles - Aatmanirbharta, Aatmavishwas, and Aatmaraksha. We are building robust capabilities, resilient supply chains, and dynamic value chains, while engaging globally from a position of st ...Read More >
New Delhi: The Confederation of Indian Industry has called for establishing a National Global Capability Centres (GCC) Council through exclusive legislation to develop next-generation Digital Economic Zones, helping unleash the true potential of GCCs that have lately been at the vanguard of creating technology jobs at the country's top outsourcing hubs. The proposed council would help deepen the industry-academia partnership, the apex industry body said, as part of its 'Suggested Framework for ...Read More >
New Delhi: Leading industry body Confederation of Indian Industry (CII) on Sunday unveiled a proposed National Framework for Global Capability Centres (GCCs), seeking to position India as a globally preferred hub for enterprise innovation, strategy and capability development. The proposed framework, however, is expected to create 20-25 million jobs and contribute up to $600 billion in the economic impact. The framework for national GCC policy encompasses the setting up of digital economic zones ...Read More >
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