Tag: FICCI

FICCI & TSMG Study on plastic industry throws interesting insight

Organized retail and boom in e-commerce to fuel growth of plastic packaging, per capita consumption to be doubled in five years. Myth regarding the polluting characteristic of plastic needs to be addressed in a scientific manner. A report prepared by FICCI and Tata Strategic Management Group (TSM…

Centre finds an ally in new-economy companies

It was a telling comment when Prime Minister Narendra Modi on January 16 said before a large gathering of 20-something and 30-something founders of start-up companies, “This is not the first time that this auditorium at Vigyan Bhavan is filled, but this is the first time that it is filled w…

New startup policy to boost entrepreneurs

Addressing a ‘Startup Leaders Meet’ organized by FICCI in association with TiE Silicon Valley, United States, there was a need to create an ecosystem for startups where knowledge workers could be converted to knowledge entrepreneurs. The business delegation from TiE Silicon Valley was visiting In…

West Bengal Business Summit focus on SMEs

West Bengal chief minister Mamata Banerjee had announced after the Global Business Summit last year that the state had got investment proposals worth Rs 2.43 lakh crore. The state is once again poised to hold a two-day Bengal Global Business Summit on Jan 8-9, with a vision to establish an image …

Modi to unveil Action Plan for Start-up India on Jan 16

The government will kick-start  the “Start-Up India, Stand-Up India” initiative with Prime Minister Narendra Modi unveiling the Start-up Action Plan on January 16. This will be a government’s New Year gift to “young people” who want to set up new businesses or innovative projects, highlighting th…

U.P. Pravasi Diwas woos NRI investors

Exalting UP Government ‘s initiative to engage the Indian Diaspora for development, State Minister Balwant Singh Ramoowalia said, that there are over 25 million Indians staying in foreign land and many of them hold high posts in government and industries. It is important to engage the NRIs to bri…

NRIs evinced interest in PPP projects in UP healthcare sector

Speaking about the investment opportunities in the government healthcare sector in Uttar Pradesh, Arvind Kumar, Principal Secretary, Medical, Health & Family Welfare Department, Government of Uttar Pradesh, said that NRIs could invest in Public-Private Partnership (PPP) projects in the state,…

US Law to hit Indian textiles | FICCI

India’s textile exports is hit due to US legislation for federal procurement stipulating sourcing of raw materials from the designated countries only or US domestic suppliers. Voicing concern, FICCI has asked Indian Government to take up the issue either bilaterally with US or multilaterally incl…

FICCI hails new scheme for textiles

FICCI  Welcomed the government approval of the Amended TUFS (ATUFS) saying this has come as a great relief to the industry especially when the exports were declining in textile and apparel sector. “The focus on employment generation and export under the new TUFS by encouraging apparel and garment…