Stay updated with the latest confederation-of-indian-industry news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on confederation-of-indian-industry topics.
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 >
CHENNAI: Union Finance Minister Nirmala Sitharaman on Sunday said that the reduction in Goods and Services Tax (GST) rates has significantly eased the tax burden on people and strengthened state revenues. Speaking at the 'Tax Reforms for Rising Bharat' conclave in Mylapore here, Sitharaman said Prime Minister Narendra Modi had entrusted her with the responsibility of explaining GST when it was introduced in 2017. "Back then, the GST regime had four tax slabs. Today, we have simplified it to two ...Read More >
Goyal issued a direct call to action, urging the industry to invest heavily in domestic manufacturing and R&D to produce next-generation medical devices in India. Urging the need to set bold goals for growth, Union Minister of Commerce & Industry Piyush Goyal on Friday said that the MedTech sector is a natural candidate for Atmanirbharata and self-reliance. Speaking at the 17th CII Global MedTech Summit 2025 in New Delhi, the Minister urged the industry to use the government's Research, Develo ...Read More >
Patna, Jul 19 (PTI) The Bihar government on Saturday said that more than 12,000 new polling stations have been created in the state as per the recommendation of the Election Commission, as part of special intensive revision (SIR). According to a release issued by the election department, the total number of polling stations has risen to 90,712 from 77,895, after the establishment of 12,817 new ones. Of these, 12,479 polling stations have been set up "at the same building or premises housing th ...Read More >
Mumbai, Jul 19 (PTI) India remains a key destination for overseas investments and is likely to attract USD 100 billion in foreign direct investments (FDIs) from the four-nation European bloc EFTA, Union Commerce and Industry Minister Piyush Goyal said on Saturday. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Also Read | Bodoland Lottery Result Today, July 19, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check ...Read More >
Vijayawada : As Andhra Pradesh accelerates its journey toward realizing the Swarna Andhra 2047 vision and achieving Net Zero by 2040, the Indian Green Building Council (IGBC), part of the Confederation of Indian Industry (CII), conducted an exclusive Capacity Building Programme for officials of the Andhra Pradesh Capital Region Development Authority (APCRDA) in Vijayawada. Held at Fortune Murali Park, the session brought together over 50 APCRDA officials for a deep dive into the concepts and pr ...Read More >
Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. The Southern Indian state of Andhra Pradesh, home to India's lone operational spaceport, Satish Dhawan Space Centre (SDSC-SHAR), has revealed its State Space Policy for 2025-2030. According to the Andhra Government, the policy will facilitate investments amounting to Rs 25,000 crore (over $3 billion) in the space sector over the next decade and c ...Read More >
The initiative is a strategic roadmap aligned with the 'Viksit Bharat @2047' vision, building on the achievements of previous Automotive Mission Plans, which promoted the significant growth in India's automotive sector through stakeholder collaboration, the statement explained. 2381;टर में अग्रणी बनाने के लिए इनोवेशन, वैश्विक प्रतिस्पर्धात्मकता और सस्टेनेबल डेवल ...Read More >
On Friday, Arunachal Pradesh Governor Lieutenant General K T Parnaik (Retired) made a formal visit to President Droupadi Murmu at Rashtrapati Bhavan in New Delhi. Accompanying him was the First Lady of Arunachal Pradesh, Anagha Parnaik, who together presented the President with a meticulously compiled reference book titled 'Orchids of Arunachal Pradesh,' a release confirmed. This distinctive publication is not just a visual delight but also reflects the extraordinary diversity of orchid species ...Read More >
Chief Minister N. Chandrababu Naidu is going on a two-day visit to New Delhi from July 15. On his agenda are meetings with several Union Ministers, a business conference hosted by the Confederation of Indian Industry (CII), and a P.V. Narasimha Rao Memorial event. According to an official release, the focus of Mr. Naidu's tour will be on a wide range of issues, including ongoing projects in the State, securing the release of pending funds under various schemes, and financial assistance for the ...Read More >
New Delhi, Jul 15 (PTI) Infosys Foundation on Tuesday announced the launch of a program that aims to enable half a million job seekers in India to gain meaningful employment by 2030, as the philanthropic and CSR arm of the Indian tech behemoth committed over Rs 200 crore for its first phase. Infosys Springboard, the flagship digital learning platform from Infosys, will offer support not just for learning and skilling but also opportunities for learners to have sustainable livelihoods and career ...Read More >
New Delhi: In cricket, some defeats leave a scar that generations remember. Something like that happened on Monday as India's narrow loss at Lord's in the third Test against England brought back the vivid memories of another heartbreaker. The match took us back to 26 years ago when in Chennai India fell agonisingly short against arch rivals Pakistan despite Sachin Tendulkar's brilliance. Mohammed Siraj's dismissal stirred the deja vu of Chennai. On a tense final day at Lord's, India needed 21 m ...Read More >
New Delhi [India], July 14 (ANI): India holds the potential to unlock an economic contribution of USD 470-600 billion by 2030 through GCCs (Global Capability Centres) and it would be a critical enabler of India's USD 1 trillion services export vision, Romal Shetty, CEO, Deloitte South Asia, said on Monday. Speaking at the CII GCC Business Summit, Shetty said India currently hosts approximately 1,800 GCCs. 'With the right policy environment, ecosystem support, and coordinated action, there is a ...Read More >
Commerce Secretary Sunil Barthwal announced that India is actively engaged in trade agreement negotiations with the EU and the US, following the recent FTA with the UK. These modern FTAs aim to promote global capability centers in India by addressing complex issues like harmonizing regulations, resolving disputes, and fostering innovation, potentially concluding by the end of the year. Negotiations for proposed trade agreements with the European Union (EU) and the US are going on, Commerce Secr ...Read More >
New Delhi: Negotiations with the US are going at a "very fast pace and in the spirit of mutual cooperation" to come out with a win-win trade complementing agreement, commerce and industry minister Piyush Goyal said Monday. His statement came amid Indian trade negotiators reaching Washington for another round of talks on the proposed bilateral trade agreement (BTA), which will begin Monday, an official said. The four-day talks are likely to be held on all 19 chapters of the trade pact. Speaking ...Read More >
Policy 3 min read Need to streamline policies to make India GCC hub: Official India aims to become a global hub for Global Capability Centres. Senior officials suggest streamlining national policies to emulate successful state models. Focus is on talent, infrastructure, and regulatory initiatives. The government plans a national framework to guide states in promoting GCCs in Tier II cities. Efforts are underway to boost employment and collaborate with global partners for workforce mobility. New ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitte ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Monday said that the industry and the government need to explore ways to increase the setup rate of GCCs (global capability centres) in India and make the country more attractive for the remaining Fortune 500 companies that are yet to open their GCCs here. Speaking at the GCC Business Summit organized by the Confederation of Indian Industry (CII), the finance minister said that there was a need for institutionalizing governing mechanism for GCCs ...Read More >
New Delhi, Jul 14 (PTI) The negotiations between India and the US for a proposed trade agreement are going at a fast pace, Commerce and Industry Minister Piyush Goyal said on Monday. The Indian team has reached Washington for the next round of talks on the first tranche of the bilateral trade agreement. "Negotiations are going on at a very fast pace and in the spirit of mutual cooperation so that we can come out with a win-win trade complementing agreement with the United States," Goyal told r ...Read More >
New Delhi, July 14 (SocialNews.XYZ) India has become a leading source of AI talent, currently housing 32 per cent of the global GCC talent pool, 28 per cent of the world's STEM workforce, and 23 per cent of global software engineering talent, Finance Minister Nirmala Sitharaman said on Monday. Addressing the Special Ministerial Plenary and Report Back session at the inaugural 'CII GCC Business Summit 2025' here, Sitharaman said "We have among the highest penetration of AI skills globally". In ...Read More >
New Delhi: Economic affairs secretary Anuradha Thakur on Monday said that India needs to streamline policies at national level to make the country a hub for Global Capability Centres (GCC). "There needs to be a deliberation on the policies adopted by states like Karnataka, Tamil Nadu and Telangana, wherein most GCCs are localised and see if such policies can be emulated across the country," she said at an CII event here. India has about 1,800 GCCs, which are set up by MNCs as offshore facilitie ...Read More >
New Delhi, July 14 (SocialNews.XYZ) Vandana Gurnani, Secretary, Ministry of Labour and Employment, exhorted Global Capability Centres (GCCs) on Monday to leverage existing government schemes for hiring talent in the country. She urged the GCCs to engage with government initiatives such as the Employment Linked Incentive Scheme, which holds substantial potential for job creation, and the National Career Services Portal, a comprehensive platform with partnerships across major firms offering job m ...Read More >
New Delhi: India's Global Capability Centres (GCCs) have flourished on the back of robust infrastructure, business-friendly reforms and a deep talent pool but sustaining this momentum will require more work, Department of Economic Affairs (DEA) secretary Anuradha Thakur said on Monday. A targeted policy push, deeper Centre-state coordination and curriculum upgrades were among tasks lying ahead. Speaking at the CII (Confederation of Indian Industry) GCC's Business Summit, Thakur said the core d ...Read More >
New Delhi, July 13 (SocialNews.XYZ) The average number of days it takes for taxpayers to get refunds from the Income Tax Department in India has come down drastically from 93 days in 2013 to a mere 17 days in 2024, reflecting the increased efficiency in the system on the back of rising digital infrastructure that enables faceless online disbursals. The introduction of pre-filled returns, automation in refund processing, real-time TDS adjustments and online grievance redress mechanisms has led t ...Read More >
New Delhi, Jul 13 (PTI) The Commerce and Industry Ministry on Sunday said a 20,000 sq ft skill development centre will be set up at the Aurangabad Industrial City (AURIC) in Maharashtra. It will be established in partnership with the Confederation of Indian Industry, and a memorandum of understanding (MoU) in this regard is likely to be signed next week. Amardeep Singh Bhatia, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), has emphasised the need to attract G ...Read More >
New Delhi [India], July 10 (ANI): The Public Works Department (PWD) cancelled the tender for renovation of Chief Minister Rekha Gupta's official residence on Wednesday. PWD cancelled the tenders for the renovation of Bungalow Number 1, including replacement of electrical wiring, fittings & fixtures and execution of various miscellaneous electrical works. Also Read | Volkswagen Reports Electric Vehicles Sales Surge in 2025. AAP Delhi President Saurabh Bharadwaj questioned the sudden cancellati ...Read More >
KOLKATA: Tata Group chairman Natarajan Chandrasekaran came down to Nabanna on Wednesday to meet Mamata Banerjee - the first time a Tata Group chairman has done so in her 14-year tenure as West Bengal CM - to discuss future investment in the state.Chandrasekaran met Banerjee for about an hour at the latter's 14th-floor office, also marking the first face-to-face conversation between a Bengal CM and the Tata Group's senior-most executive since the group's forced exit from Bengal in 2008 amid the t ...Read More >
New Delhi [India], July 10 (ANI): Gujarat Chief Minister Bhupendra Patel announced a compensation of Rs 4 lakh for the families of those who died in the bridge collapse in Vadodara. He also announced Rs 50,000 for the injured. At least nine people were killed after a portion of the Gambhira bridge collapsed in the Padra area of Gujarat Vadodara district on Wednesday. In a post on X, the CM Patel said, The collapse of a span of the Gambhira Bridge, connecting Anand and Vadodara, has caused an ...Read More >
Kolkata: Tata Sons chairman Natarajan Chandrasekharan met West Bengal chief minister and Trinamul Congress supremo Mamata Banerjee at the state secretariat Nabanna on Wednesday. They had an hour-long meeting on the investment opportunities in the state. State chief secretary Manoj Pant and CII director general Chandrajit Banerjee were also present in the meeting. Later TMC posted on X-handle, "Smt. @MamataOfficial hosted Shri Natarajan Chandrasekaran, Chairman of Tata Sons and the Tata Group, f ...Read More >
M Nagaraju asked fintechs to prioritize offline payment options. This push aims to boost financial inclusion across India. He spoke at the CII Summit on Financial Inclusion and FinTech. Nagaraju highlighted financial inclusion's role in economic growth. He noted India's progress since 2014 with the Pradhan Mantri Jan Dhan Yojana. The scheme significantly increased bank account access for adults. DFS Secretary M Nagaraju on Monday urged fintechs to focus on driving offline payment solutions to e ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.