The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

India needs 80 lakhs Wi-Fi hotspots: ASSOCHAM-Deloitte study

India needs over 80 lakhs hotspots as against the availability of about 31,000 hotspots with a view to reach the global level of one Wi-Fi hotspot penetration for every 150 people, according to ASSOCHAM-Deloitte joint study.

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Thursday, January 12, 2017

Create 11 lakhs new jobs in five years to reinvigorate Punjab economy: ASSOCHAM

Punjab holds significant potential to create over 11 lakhs additional jobs from the current workforce of about 18.5 lakhs between the age of 15-30 years to attract more investments and attain double digit growth during the course of next five years, apex industry body ASSOCHAM said today.

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Wednesday, January 11, 2017

Real estate & infrastructure investment trusts could raise Rs 50K crore: ASSOCHAM-Crisil

The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil joint study.

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Tuesday, January 10, 2017

Over 69 million consumers shopped online in 2016: ASSOCHAM-Resurgent study

In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to an ASSOCHAM-Resurgent India study.

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Monday, January 09, 2017

India may get caught in cross fire of US-China trade war: ASSOCHAM

In an escalating trade war triggered by the US President elect Donald Trump with Mexico and China, India may find itself in the cross fire with collateral damage to its economy, particularly to sectors such as information technology and select goods exports to the American market, an ASSOCHAM Paper has said.

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Sunday, January 08, 2017

Agent/sales person least trustworthy for those buying insurance: ASSOCHAM study

Insurance agent is taken as the least trustworthy source in the sales process of an insurance policy across different policy segments both among the financially literate and financially non-literate consumers, an ASSOCHAM study has found.

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Friday, January 06, 2017

Revoke notification vis-à-vis input tax credit withdrawal on natural gas by Gujarat govt.: ASSOCHAM plea

In the larger interest of industries, apex industry body ASSOCHAM has urged the Union Government to immediately get revoked the notification vis-à-vis withdrawal of input tax credit on inter-state sale/branch transfer of natural gas issued by Finance Department of Gujarat government on November 28, 2016.

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Wednesday, January 04, 2017

Effective implementation of schemes announced by PM will boost India’s economic growth: ASSOCHAM

Terming the steps announced by Prime Minister Narendra Modi in his address to the nation on New Year’s Eve as ‘extremely positive for the Indian economy,’ apex industry body ASSOCHAM today said that the focus should now be on effective implementation of these schemes to drive economic growth.

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Tuesday, January 03, 2017

Patanjali among most disruptive forces of 2016: ASSOCHAM- TechSci study

Patanjali Ayurveda, steered by Baba Ramdev has turned out to be the most disruptive force in India’s fast moving consumer goods (FMCG) market which is expected to reach the USD billion mark by 2020, according to an ASSOCHAM– TechSci Research paper.

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Sunday, January 01, 2017

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