CII begins district-wise roadmap to unlock North Bengal’s economic potential
The CII will prepare a detailed report over the next two to three months containing policy recommendations, that will be submitted to the Bengal government.
The CII will prepare a detailed report over the next two to three months containing policy recommendations, that will be submitted to the Bengal government.
Reacting to the Budget, industry body PHDCCI said it welcomes and strongly supports the Union Budget 2026–27 initiatives aimed at expanding manufacturing across strategic and sunrise sectors.
CII noted that India’s real GDP grew by 8.0 per cent in the first half of FY26, while inflation remained well anchored, reflecting proactive fiscal policy and prudent macroeconomic management by the government.
The recently concluded Confederation of Indian Industries (CII) Financing Summit 2025, attended inter-alia, by V Anantha Nageswaran, Chief Economic Advisor (CEA) and SEBI chief Tuhin Kanta Pandey, made headlines because of some plain-speaking by the CEA, who observed: “India’s equity markets have grown impressively, but Initial Public Offerings (IPOs) have increasingly become exit vehicles for early investors, rather than mechanisms for raising long-term capital.”
Speaking at the Confederation of Indian Industry (CII) Partnership Summit in Visakhapatnam, in the presence of Vice President CP Radhakrishnan, he said that India’s progress was the result of deliberate policy, determined execution, and the unleashing of entrepreneurial energy under the visionary leadership of Prime Minister Narendra Modi.
The Confederation of Indian Industry (CII) has suggested a seven-point agenda to the Finance Ministry for the Union Budget-2025.
The Confederation of Indian Industry (CII) on Sunday urged the Central government to reduce the income tax for individuals and cut excise duty on fuels to increase disposable incomes in the hands of consumers, which would increase spending thereby spurring economic growth.
In its Budget suggestions for 2025-26, industry body CII has recommended lowering the excise duty on fuel to boost consumption, especially at the lower-income level.
Union Minister of State for Health and Family Welfare Anupriya Patel has said the size of the Indian medical devices sector is estimated to be around $14 billion and it is expected to grow to $30 Billion by 2030.
Even though the Indian Economy slowed down to 5.4 per cent in the second quarter, it will grow in the range of 6.5 to 7 per cent this fiscal, voiced Chief Economic Advisor (CEA) Anantha Nageswaran on Thursday.