The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Union Budget 2018-19: ASSOCHAM seeks venture capital pool & lower tax rates for electronics sector

New Delhi, January 3, 2018: Considering that costs pertaining to finance, energy and logistics/transportation constitute major portion of consumer electronics sector, apex industry body ASSOCHAM has recommended the union government to allow weighted deduction of 150-200 per cent of the actual cost on specified components.

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Wednesday, January 03, 2018

Indias direct selling industry may reach Rs 159.3 bln by 2021: ASSOCHAM

New Delhi, 2 January, 2018: The Direct Selling industry in India has almost doubled since 2011 to reach INR 126.2 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of about 4.8% to reach INR 159.3 billion in 2021, reveals the study undertaken by ASSOCHAM.

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Tuesday, January 02, 2018

2018 may see USD 50 bn M&As thanks to stressed assets changing hands: ASSOCHAM Outlook

New Delhi, 1 January, 2018: In the backdrop of plenty of stressed corporate assets on offer at tempting valuations, India is expected to see mergers and acquisitions (M&A) worth USD 50 billion in 2018, according to an ASSOCHAM Year Ahead Outlook (AYAO).

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Monday, January 01, 2018

ASSOCHAM-EY study suggests 2-pronged strategy to boost nutritious & diversified food production in country

New Delhi, December 30th, 2017: With India and its agriculture and food processing sectors facing grave nutritional challenges, an ASSOCHAM-EY joint report has suggested the Government of India a two-pronged strategy based on public-private partnership (PPP) mode to promote nutritious, diversified and resilient food production.

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Sunday, December 31, 2017

Indian ICT revenue to touch US$ 225 billion by 2020: study

New Delhi, 29 December, 2017: The revenue of the Indian ICT (Information and Communication Technology sector is expected to reach an approximate value of about INR 14,42,839.5 crores (US$ 225 Billion) by the end of 2020 from current level of INR 10,53,434 crores (US$ 164.3 Billion) growing at CAGR of about ~11.1%, reveals the ASSOCHAM-RNCOS study.

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Friday, December 29, 2017

Credit growth likely to be muted at 8% this fiscal: ASSOCHAM Study

New Delhi, 28 December, 2017: Slowdown in economy coupled with high stress level in the banking sector is expected to restrict credit growth at around 8 per cent during the current fiscal despite government’s thrust on loan expansion, reveals the ASSOCHAM study.

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Thursday, December 28, 2017

Digital commerce market expected to cross $50 billion mark in 2018: study

New Delhi, 25 December, 2017: The digital commerce market in India is expected to cross $50 billion mark by the end of 2018 on the back of growing Internet population and increased online shoppers from the current level of $ 38.5 billion, reveals the ASSOCHAM- Deloitte joint study.

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Monday, December 25, 2017

Economy may reach 7% growth in 2018; tilt towards farm sector in new year: ASSOCHAM Outlook

New Delhi, December 23, 2017: After ”disruptions" like lingering demonetisation effect and GST roll-out, the IndiaDn economy may reach a 7 per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before the Lok Sabha elections, the ASSOCHAM Year-Ahead Outlook (AYAO) pointed out.

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Sunday, December 24, 2017

India pharma exports to touch $20 bln by 2020: study

New Delhi, December 21, 2017: Indian pharmaceutical exports are likely to touch $20 billion by 2020 from the current level of around $16.5 billion, registering a compounded annual growth rate (CAGR) of about 30 per cent, reveals ASSOCHAM and UL India joint study.

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Thursday, December 21, 2017

Govt. combining traditional & modern technology for more accurate crop forecasts: Prof. T.C.A. Anant

New Delhi, December 20, 2017: The Centre is working on a combination of traditional and modern technology like satellite imagery for crop acreage and yield estimation to build up a much more sophisticated analysis and ensure accurate agriculture forecasts, a top official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, December 20, 2017

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