Press Releases

Govt. re-aligning schemes & making investments to leverage opportunities in leasing industry: Additional secy, MSME Ministry

Friday, 04 May, 2018

New Delhi, May 4, 2018: The Union Government is re-aligning its schemes and is making lots of investments to leverage humongous opportunities in the leasing industry, a top official said at an ASSOCHAM event held in New Delhi today.

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Indian MedTech market to touch Rs. 55,040 crore by 2020:

Wednesday, 02 May, 2018

New Delhi, May 1, 2018: The Indian MedTech market may see twofold rise as its size in value terms is likely to reach Rs. 55,040 crore by 2020 from the current level of Rs. 26,048, growing at a compounded annual growth rate (CAGR) of 15 per cent against the expected global industry growth of 4-6 percent, according to an joint paper.

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Credit deployment stays negative in several key sectors; ASSOCHAM calls for urgent fixing of twin balance sheet problem

Sunday, 29 April, 2018

New Delhi, 28th April 2018: Inability of the banks, reeling under the mammoth problem of non-performing assets (NPA) to lend, coupled with lack of appetite for fresh investment by highly indebted India Inc has resulted in most of the industry sectors reporting negative growth in deployment of gross bank credit, the ASSOCHAM has said.

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Govt. to recreate 20 monuments using 3D technology in 2 years: DST secy

Friday, 27 April, 2018

New Delhi, April 27, 2018: With a view to facilitate tourists visiting India, the Centre would be using 3D technology to digitally reconstruct 20 historic monuments in the next two years and put them in Delhi, a top government official said at an ASSOCHAM event held in New Delhi today.

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Mobile manufacturing industry to mark Rs 132,000 cr by 2018: Ravi Shankar Prasad

Thursday, 26 April, 2018

New Delhi, April 26, 2018: Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology said at an ASSOCHAM event held in New Delhi today.

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Frame separate law & implement Direct Selling Guidelines: ASSOCHAM plea to Consumer ministry

Tuesday, 24 April, 2018

New Delhi, April 24, 2018: Apex industry body ASSOCHAM has urged the centre for speedy implementation of Direct Selling Guidelines notified by Union Government’s Department of Consumer Affairs in 2016 to facilitate ease of doing business in this sector.

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IBC, RERA pitted against each other; need reconciliation: ASSOCHAM

Sunday, 22 April, 2018

New Delhi, 21 April 2018: The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes resolving interest of bankers and home-buyers, said an ASSOCHAM- Thought Arbitrage paper.

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PE, VC funds with adequate net worth & capability can bid for strategic divestments like Air India: DIPAM secy

Thursday, 19 April, 2018

New Delhi, April 19, 2018: Private equity (PE) and venture capital (VC) funds with adequate enterprise or managerial or technical investors in the whole consortium sort of model can come forward to participate in strategic divestments like Air India, a top Government official said at an ASSOCHAM event held in New Delhi today.

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ASSOCHAM-Deloitte paper moots for integrated end-to-end logistics to enhance efficiencies

Tuesday, 17 April, 2018

New Delhi, April 17, 2018: With the Indian logistics sector having taken centre-stage of government reforms, moving towards an integrated ecosystem is pertinent for holistic growth of the sector, as recommended in a thought paper jointly produced by ASSOCHAM and Deloitte.

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Twin balance sheets problems nearing resolution in 3 quarters: ASSOCHAM

Sunday, 15 April, 2018

New Delhi, 14 April 2018: It may take at least another three quarters before the problem of twin balance sheets of banks and highly leveraged corporate firms gets reasonably resolved, even as the process of resolution of the companies under IBC reference would pick up pace in the coming months, said ASSOCHAM.

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