The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Govt. focusing on strengthening innovation base as part of higher education sector reforms: Prakash Javadekar

Govt. focusing on strengthening innovation base as part of higher education sector reforms: Prakash Javadekar

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Thursday, February 23, 2017

Job creation through growth: New ASSOCHAM President

Welcoming various steps taken by the Government to curb black money and corruption, new ASSOCHAM President Mr. Sandeep Jajodia today said, as economy is still in the stage of remonetisation,the people should be encouraged and not discouraged to start spending again. Enough cash in both rural area and cities, along with some bold and pragmatic decisions on issues like bank NPAs would be key drivers for reverting to 8% growth, he said.

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Wednesday, February 22, 2017

Ministry of External affairs enquire missions to promote Ayush, Ayurveda: V.K. Singh

Ministry of External affairs (MEA) have asked all chairs and missions to take a serious look to promote Ayush and Ayurveda, said (Dr) V.K. Singh (Retd), Minister of State, Ministry of External Affairs, Government of India at an ASSOCHAM event held in New Delhi today.

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Tuesday, February 21, 2017

Pharma industry to reach USD 55 bn in 3 years; medical tourism major growth driver: ASSOCHAM-IITTM study

Indian pharmaceuticals market is expected to touch US$ 55 billion by 2020 from the current level of US$ 36.7 billion in 2016 growing at a compound annual growth rate (CAGR) of 15.92 per cent, according to ASSOCHAM-IITTM joint study.

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Monday, February 20, 2017

Food processing sector to generate 9 million jobs by 2024: study

Indian food processing sector has potential to attract US$ 33 billion of investment and generate employment of 9 million persons days by FY 2024, said an ASSOCHAM-Grant Thorton Research paper.

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Sunday, February 19, 2017

Constant improvement in ease of doing biz & robust infrastructure development imperative for India’s all round economic growth: Report

The government needs to continuously invest in improving the ease of doing business environment, develop sound infrastructure, and ensure availability of trained workforce as India is set on a growth trajectory that promises all-round development, economic welfare and strong macro-economic indicators, noted a recent ASSOCHAM-EY report.

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Friday, February 17, 2017

Retail inflation in Delhi, J&K more than double national average, demonetization possible reason: ASSOCHAM

The retail inflation may have been hovering at quite a reasonable level of 3.17 per cent for January, 2017 on an all-India basis, but there is no respite for people right in Delhi along with a couple of other states, suffering the price rise at double the national average, with demonetization leaving its possible impact, an ASSOCHAM analysis has noted.

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Thursday, February 16, 2017

Insurance penetration in India likely to cross 4 pc this year: ASSOCHAM

Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper.

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Wednesday, February 15, 2017

Govt. should increase cyber security spending to match growing threat landscape: ASSOCHAM-PwC paper

The government should sharply increase spending on cyber security to a level that matches the changing threat landscape, noted a paper jointly conducted by ASSOCHAM-PwC.

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Tuesday, February 14, 2017

New leadership team takes the helm at ASSOCHAM

A new team is at the helm of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) as Mr Sandeep Jajodia, chairman & managing director (CMD), Monnet Ispat & Energy Ltd.; Mr Balkrishan Goenka, chairman, Welspun Group and Mr Kiran Kumar Grandhi, vice-chairman of GMR Infrastructure Ltd. have taken over as president, senior vice-president and vice-president respectively.

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Monday, February 13, 2017

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