The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Chhattisgarh-Uttarakhand welcomes businesses to integrate their business operations

Chief Ministers of Chhattisgarh and Uttarakhand welcome businesses to leverage the strategic location from where they can implement growth strategies and manage & integrate their business operations for the region and beyond at an ASSOCHAM event held in New Delhi today.

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Thursday, September 22, 2016

Mergers no quick fix for public sector banks; they need autonomy: ASSOCHAM Paper

Asserting there are no quick fixes for grave problems facing the public sector banks, mainly centered around close to Rs 5 lakh crore non-performing assets, ASSOCHAM President Mr Sunil Kanoria today said a paper brought out by the chamber clearly suggests mergers or consolidation of the PSBs is certainly no answer to the present crisis, which can only be resolved by professionalizing these banks with the government keeping an arm’s length.

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Wednesday, September 21, 2016

Will take 126 years for India to reach education standards of developed nations: ASSOCHAM-Educomp Paper

India does have ambitions to reach the level of developed nations in education, but it will take at least six generations or 126 years to scale up to the top standard , if the country continues at its present pace in one of the most vital sectors, an ASSOCHAM-Educomp Paper has said.

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Tuesday, September 20, 2016

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

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