Amitabh Kant, CEO, Niti Aayog, exhorted women entrepreneurs to exploit their immense innovative power and raise their contribution to India’s GDP. Worldwide, women contribute to 40% to GDP while in India their contribution is 17%. “If women’s share in India’s GDP rises to …
Tag: FICCI
FICCI plans industrial park for women entrepreneurs
According to Devika Ramesh, Chairperson of FLO Coimbatore chapter, land has been earmarked at industrial estates in Telangana, Gujarat, and Karnataka. In Assam, Haryana, Meghalaya, Punjab, Uttar Pradesh and West Bengal, the State Governments have agreed in principle to create industrial parks for…
AAP’s trade wing moots new industry body for small businessmen
A new industry body, the Chamber of Trade and Industries (CTI) — a brainchild of the AAP’s trade wing — is taking shape in Delhi. Office-bearers of AAP’s trade wing say the initiative is an attempt to provide a platform to small traders and owners of small-scale industrial units in th…
Need to amend Drugs and Cosmetics Act 1940 to promote e-pharmacy in India
NEW DELHI, 25 July 2016: With the advent of e-pharmacy, there is a need to amend the Drugs and Cosmetics Act 1940 as it does not differentiate between offline and online pharmacies. The Government is seized of the issue and is working towards amending the existing law to develop a framework where…
FICCI calls for FTAs with EU and UK
The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for restarting of negotiations for India’s Free Trade Agreements (FTA) with the UK and the European Union (EU), citing the growing importance of the Indian economy to the world. “India today is a very strong and i…
Indian start-ups showcase prowess in Africa
In an effort to boost the start-up ecosystem in Africa, a delegation of 21 Indian start-ups, which had accompanied Prime Minister Narendra Modi to Kenya, have showcased their technologies and case studies there. These start-ups were jointly led by the Federation of Indian Chambers of Commerce and…
New medical device rules to be notified at the earliest
New Delhi, 12 July 2016: The Prime Minister’s Office (PMO) convened a meeting on promoting Make in India in the Medical devices sector in India on Monday. Office bearers of the top industry associations in medical device industry including FICCI, Association of Indian Medical Device Manufacturers…
Copper-Titanium alloy to be made first time in India by a Pune startup
Under the aegis of the DRDO-FICCI Accelerated Technology Assessment & Commercialization (ATAC) initiative DRDO concluded a technology-transfer process for its indigenously developed Copper-Titanium technology to Pahwa Metal Tech Private Limited (PMTPL), a Pune-based startup founded by industr…
Social unrest, strikes & closures are the biggest risks to economy : FICCI’s India risk survey 2016
New Delhi, 24 June 2016: FICCI has released today its annual study the India Risk Survey 2016 (IRS 2016). This is an attempt to showcase the views and perceptions of business leaders, policymakers, experts, as well as professionals across various sectors and geographies, regarding strategic, oper…
World Bank partners with the Indian council of arbitration (ICA) for dispute board services in India
Dispute Board (DB) system is a concurrent mechanism for resolution of dispute before arbitration/litigation. The DB usually consists of three experts, who are experienced, respected, and impartial, acceptable to both the parties and conversant with the nature and complexity of the work involved. …