The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

TN tops with 32% decadal growth in investments attracted by irrigation sector across India: Study

Tamil Nadu has ranked on top in terms of growth in live investments attracted by the irrigation sector thereby clocking a compounded annual growth rate (CAGR) of over 32 per cent during the decadal period 2004-05 and 2014-15, apex industry body ASSOCHAM said today.

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Tuesday, May 10, 2016

Krishi Kalyan Cess needs reconsideration as it will push production costs further: ASSOCHAM plea

Entities engaged in agri sector should not be burdened with additional taxes Apex industry body ASSOCHAM has suggested the Finance Ministry to reconsider imposition of Krishi Kalyan Cess at 0.5 per cent on all taxable services and also allow input tax credit of the cess to both providers of output services and manufacturers of excisable goods.

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Monday, May 09, 2016

India`s e-tailing growing fastest in the world, says ASSOCHAM-Forrester study

India`s, e-tailing, fastest, ASSOCHAM, Forrester study

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Sunday, May 08, 2016

Delhi-NCR stuck with highest unsold housing inventory; Mumbai next: ASSOCHAM

The woes of the real estate sector are far from over or have rather worsened with inventory of residential premises and commercial estates rising between 18-40 per cent in different cities with the maximum unsold stock lying in the Delhi NCR over the last one year, creating a big drag on several other sectors like financial services and steel, an ASSOCHAM study has pointed out.

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Thursday, May 05, 2016

Indian logistics market to touch US$ 307 billion by 2020: Ram Kripal Yadav

Logistics market in India is expected to be worth US$ 307 billion by 2020, Mr. Ram Kripal Yadav, Minister of State for Drinking Water & Sanitation said at an ASSOCHAM event held in New Delhi today.

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Wednesday, May 04, 2016

Govt. preparing framework for hydropower development in India: Additional Secretary, Power Ministry

Arunachal Pradesh to provide single-window clearance for hydropower generation: Chief Minister, Kalikho Pul The Union Power Ministry is in process of preparing a framework for hydropower development in India and the same would soon be taken to the highest level in the government, a top ministry official said at an ASSOCHAM event held in New Delhi today.

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Tuesday, May 03, 2016

India can save $50 bn if logistics costs are brought down to 9% of GDP: Study

Improvement in infrastructure is key to success of ‘Make in India’ India can save up to $50 billion if logistics costs are brought down from 14 per cent to nine per cent of country’s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said today.

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Sunday, May 01, 2016

Smartphones killing demand for point-and-shoot camera sales: ASSOCHAM

Sales of digital cameras with heavy discounts have drastically dropped to mere 35% in the last one year whereas the demand of smart phones has increased by over 120%, reveals an ASSOCHAM recent paper.

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Thursday, April 28, 2016

B and C category B-schools producing un-employable pass-outs: ASSOCHAM

Barring a handful of top Business schools like the government run IIMs and other few, most of 5,500 B schools in the country are producing sub-par graduates who are largely un-employable resulting in these pass-outs earning less than Rs 10,000 a month, if at all they find placements, an ASSOCHAM study has pointed out.

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Wednesday, April 27, 2016

Raise CVD on gold dore to 9% & keep excise duty on gold refined bars at 9.25%: ASSOCHAM plea to FinMin

Apex industry body ASSOCHAM has urged the Centre to raise countervailing duty (CVD) on gold dore to nine per cent and keep excise duty on refined bars made from gold dore at 9.25 per cent.

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Tuesday, April 26, 2016

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