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Press Releases Embargo for Release on Sunday, May 19, 2013 - FCI can earn over Rs 25K crore through exports of 17 mt wheat lying in open: ASSOCHAM Summer Camps to surpass Rs.1,000 cr. mark by 2017: ASSOCHAM (Summer camps generating scorching heat!) Growing at a compounded annual growth rate (CAGR) of about 25 per cent, the summer camps industry size is likely to touch Rs. 1,000 cr. by 2017-18 from the current level of Rs. 400 cr. due to working absent parents, higher disposable incomes, rising awareness, according to the ASSOCHAM Social Development Foundation (ASDF). more... ASSOCHAM meets Chinese Vice Minister for Commerce Vice Minister for Commerce Mr. Chen Jian, Goverment of China today agreed to facilitate ASSOCHAM SME exhibitions in its various provinces and identify a nodal officer in China Council for the Promotion of International Trade (CCPIT) to provide a mechanism. more... Need to tame inflation to contain gold demand & bring down CAD: Dr Rangarajan Taming the inflation and increasing the rate of return on financial products is the best way to contain demand for gold in India thereby reducing the adverse impact on current account deficit, chairman of Economic Advisory Council to the Prime Minister (PMEAC), Dr C. Rangarajan said at an ASSOCHAM event held in New Delhi today. more... Internet connections to exceed 380 mn mark by 2017: ASSOCHAM Growing at a compounded annual growth rate (CAGR) of about 35 per cent, total number of internet connections in India is expected to surpass 380 mn by 2017 from the current level of 168 mn, according to the ASSOCHAM-Yes bank recent study on Driving Growth in New Media. more... Return of Nawaz Sharif to help India-Pak economic integration: ASSOCHAM Return of Nawaz Sharif at the helm of affairs in Islamabad will help its economic integration with India which will also aid the Pakistani economy revive faster, industry chamber ASSOCHAM said today. more... Embargo for Release on Sunday, May 12, 2013 - Share of manufacturing in India’s GDP declining, reversing the targets The share of manufacturing in India’s gross domestic product has been coming down, declining to 15.2 per cent in fiscal 2012-13 and is expected to fall below 15 per cent in the current financial year since the sector is facing slowdown and unutilised excess capacity, an ASSOCHAM study has cautioned. more... |
