The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Indian electronics products to touch $75 bn by 2017: ASSOCHAM-EY study

The Indian electronic products industry in India is expected to grow at a CAGR of 10.1% to reach US$ 75 billion by 2017 from US$ 61.8 billion in 2015 with increasing penetration across consumer products especially in semi-urban and rural markets, along with government push for infrastructure development, locomotive and energy, there exists a significant opportunity for rapid expansion of this industry, adds the ASSOCHAM-EY joint study.

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Monday, September 19, 2016

Loss in exports lead to job losses: ASSOCHAM study

Sharp drop in merchandise exports mainly contributed to a loss of 70,000 jobs during the second quarter of 2015 reinforcing a crucial point that the employment generation has to be led by the domestic demand in the wake of subdued global demand, an ASSOCHAM –Thought Arbitrage study noted.

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Sunday, September 18, 2016

Up to 6 new players may enter reinsurance market in India by January 2017: IRDA chief

Up to six new players in the reinsurance market are likely to enter India by January 2017, the Insurance Regulatory and Development Authority of India (IRDA) chief Mr T.S. Vijayan, said at an ASSOCHAM event held in Mumbai today.

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Friday, September 16, 2016

Nepal Prime Minister invites Indian companies for greater economic ties

Prime Minister of the Federal Democratic Republic of Nepal, Rt. Hon’ble Mr Pushpa Kamal Dahal ‘Prachanda’ on Friday invites Indian industry to invest in his country as it offers conducive environment at hydropower, tourism, services, IT, mining and agro based industries at a business meeting organized by ASSOCHAM jointly with CII and FICCI.

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Friday, September 16, 2016

Chikungunya-Dengue outbreak could result in loss to tourism, aviation sectors: ASSOCHAM

The outbreak of Chikungunya- Dengue in Delhi must be dealt with on a war-footing both by the Centre and the state governments as the disease taking epidemic proportion is expected to result in a loss to the tourism and aviation industries, according to an ASSOCHAM assessment.

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Thursday, September 15, 2016

Urgent need to infuse confidence in investor community: ASSOCHAM plea to Goa govt.

Apex industry body ASSOCHAM today suggested the Government of Goa to urgently take corrective measures and facilitate ease of doing business in the state to infuse confidence in investor community in wake of falling investments.

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Wednesday, September 14, 2016

Bengaluru image among Fortune 500 firms sullied by Cauvery related agitation; losses up to Rs 25,000 cr ASSOCHAM

With widespread damage to the vital urban infrastructure, interruption in the transport including, roads, rail and air and inability of the workforce to safely move to and from offices and factories, Karnataka , particularly Bengaluru city, is estimated to have suffered a loss between Rs 22,000-25,000 crore due to Cauvery dispute related violence, apex industry body ASSOCHAM said today.

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Tuesday, September 13, 2016

India needs to work apace on climate change obligations; G-20 relief temporary: ASSOCHAM

India may have succeeded in getting the December 2016 deadline for ratification of Paris Agreement on Climate Change put away at the recently concluded G 20 Summit, New Delhi would have to reduce dependence on coal fired electricity and work on climate friendly transport and urban planning, sooner than later, to comply with its international obligations, an ASSOCHAM paper has said.

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Monday, September 12, 2016

Cash not much in demand; no more parking space in equities, gold

With equity and gold valuations already reaching levels which make investors anxious, India like rest of the world is witnessing signs of too much cash sitting idle in the wake of poor demand for it for investment or further exposure to the high risk financial markets, an ASSOCHAM paper has said.

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Sunday, September 11, 2016

ASSOCHAM delegation visits Silicon Valley to spur business growth & innovation for Indian tech cos.

An ASSOCHAM delegation of industry leaders and experts in business, education and economic development, headed by its president, Mr Sunil Kanoria visited Silicon Valley in the United States for scouting business opportunities for Indian tech companies during August 31-September 9.

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Saturday, September 10, 2016

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