The Associated Chambers of Commerce & Industry of India

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Press Releases

Online shopping may clock sales worth up to Rs 25K crore: ASSOCHAM

The upcoming festive season, beginning October 1 is likely to register record-breaking sales, revenues, and highest ever purchase rate per minute for e-commerce giants as most people deferred their purchasing plans during the fortnight of pitru paksha and are now ready to loosen purse strings, an ASSOCHAM survey-cum-analysis has noted.

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Friday, September 30, 2016

Surgical Strikes haven’t affected gold prices in India: Dr M. Veerappa Moily

Chairman, Parliamentary Standing Committee on Finance, Dr M. Veerappa Moily said today India Surgical Strikes on Pakistan have not affected gold prices in India at an ASSOCHAM event held in New Delhi today.

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Thursday, September 29, 2016

MoU with World Bank for investing Rs 2,200 crore to set up training centres for MSMEs across India: Haribhai Parthibhai Chaudhury

The union Ministry for Micro, Small and Medium Enterprises (MSMEs) has signed a Memorandum of Understanding (MoU) with the World Bank for investing Rs 2,200 crore to set up training centres for MSME sector across India by 2017, Minister of State for MSME, Mr Haribhai Parthibhai Chaudhury said at an ASSOCHAM event held in New Delhi today.

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Thursday, September 29, 2016

Debt burden mounts as telecom operators get into price war: ASSOCHAM-KPMG study

Even as the telecom industry finds itself in a tariff war with entry of a major player, an ASSOCHAM-KPMG paper has pointed towards the operators grappling with a huge debt burden of Rs 3.80 lakh crore, reinforcing a case for rationalisation of taxes and other levies along with spectrum charges.

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Wednesday, September 28, 2016

Govt. exploring opportunities to set up nuclear power plants in U’khand, Punjab & Haryana: Dr Jitendra Singh

The government is exploring possibilities of establishing nuclear power plants in northern states of Uttarakhand, Punjab and Haryana, union Minister for Atomic Energy, Dr Jitendra Singh said at an ASSOCHAM event held in New Delhi today.

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Tuesday, September 27, 2016

Packaged food market reached $51 mn mark in 2015: Study

Clocking a compounded annual growth rate (CAGR) of about 16 per cent, the packaged food market in India is expected to have crossed $51.5 million (mn) mark in 2015 as against $25 million in 2010, noted a recent ASSOCHAM-TechSci Research joint study.

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Monday, September 26, 2016

India–Pak trade abysmally low; MFN or not: ASSOCHAM

India–Pakistan trade relations are abysmally low accounting for less than half a per cent of India’s total global trade involving both exports and imports, apex industry body ASSOCHAM has said.

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Sunday, September 25, 2016

NITI Ayog to roll out baseline data in about a month time: Amitabh Kant

NITI Ayog (National Institution for Transforming India) to roll out baseline data for social indices in about a month time, said Mr. Amitabh Kant, CEO, NITI Aayog at an ASSOCHAM event held in New Delhi today.

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Friday, September 23, 2016

Textile ministry preparing plan to promote handicrafts & tribal communities: Smriti Irani

The government through convergence of various ministries is working on a plan to promote tribal, handicrafts community and fill the various gaps, Union Textile Minister, Ms Smriti Irani said at an ASSOCHAM event held in New Delhi today.

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Friday, September 23, 2016

Railways will spend 100% outlay this fiscal: Manoj Sinha, MoS, Railways

The Railways will meet 100% expenditure target this fiscal, said Mr. Manoj Sinha, Minister of State for Communications and Railways at an ASSOCHAM event held in New Delhi today.

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Friday, September 23, 2016

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