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Civil Aviation Ministry trying to put in place financing structure

Civil Aviation Ministry trying to put in place financing structureRead more

Mobile manufacturing industry to mark Rs 1.32 trillion by 2018: Ravi Shankar Prasad

Indian mobile manufacturing industry is expected to touch Rs 1.32 trillion by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology said at an ASSOCHAM event held in New Delhi.Read more

Blockchain tech can resolve inefficiencies in India's current trade finance system

Implementing digital technologies such as blockchain, artificial intelligence (AI), machine learning and robotic process automation can resolve inefficiencies in our current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s/MSME’s end, noted a recent ASSOCHAM-Deloitte joint study.Read more

Indian paper industry likely to touch 25 MT by 2020

Indian paper industry is poised to grow and touch 25 million tonnes from 20.37 million tonnes to 2019-20 from 2017-18 at the rate of 10% per annum, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM) recent paper.Read more

Cut government stake in banks below 50%: ASSOCHAM

The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more

Budget puts the money where mouth is: ASSOCHAM

Finance Minister, Arun Jaitley has placed a huge emphasis on agriculture and rural India, allocating bulk of resources to interior landscape, while helping the middle class salaried employees along with relief to senior citizens, measures which would boost consumer demand and help revive economic growth, said Sandeep Jajodia, president, ASSOCHAM.Read more

Government to build-up domestic capacity for making equipment in the country

"The government is working on creating domestic capacity for the equipments being imported in the country," said Sunil Barthwal, Joint Secretary, Ministry of Steel at an ASSOCHAM event held at New Delhi. India’s target is to more than double the steel output by 2030, from 10 MT at present. Barthwal said that the steel industry has grown by 6.7% in 9 months (upto September) but the domestic demand has fallen short.Read more

India's solar capacity falls short of target in FY2017: Assocham-NEC study

India, which is aiming to achieve 100 GW solar power capacity by 2022, could not achieve the target for FY2017, according to a recent Assocham-NEC Technologies joint study, titled ‘Capacity Building & skill Development’.Read more

KBL's All-women Coimbatore Plant Bags ASSOCHAM Award Second Time in a Row

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