Confederation of Indian Industry’s Post

Here's a snippet from the CII Business Summit where our Chairman, Jay Galla participated in a panel discussion on the future of mobility. During the discussion, he shed light on how the government in India must support businesses to herald a green mobility future for India. #AmaraRaja #CIIBusinessSummit #JayGalla

👉India hosted the 1st BIMSTEC Business Summit on August 6, 2024! 👉Summary: ➡️Host: India hosted the first-ever BIMSTEC Business summit in New Delhi. ➡️Objective: Enhance trade, investment, and economic collaboration among BIMSTEC countries. ➡️Significance: Promotes regional integration and private sector participation. India’s Role: Founding member, committed to regional cooperation. ➡️Expected Outcomes: Strengthened economic ties and multilateral relations. 👉Question 1: ➡️India's ‘Neighborhood First’ policy emphasizes economic cooperation. How far has the 1st BIMSTEC Business Summit contributed to this policy objective? Discuss the key achievements and areas for improvement.(250 Words) Read in Detail:👇 https://lnkd.in/giifqv7e #Examlife #upsc #newspaper #BIMSTEC #PMMOdi #modi

I am delighted to be part of the CII Annual Business Summit 2024 in New Delhi. Notable dignitaries, including Mrs. Nirmala Sitharaman, Dr. S Jaishankar, Mr. Amitabh Kant and many other notable political and bureaucratic leadership were present during this summit. Discussions revolved around the imperative of forging strong public-private partnerships to accomplish India's transformation into a developed nation by 2047. Other key highlights of the event include; - Government initiatives in solar energy, green hydrogen, and green ammonia are poised to generate substantial employment opportunities for the youth while fostering sustainability. - The government's focus on enhancing manufacturing competitiveness, integrating into the global value chain, and supporting initiatives like Make in India has bolstered growth, reforms, governance, and digitization over the past decade. Challenges in digital advancements, data privacy, and AI adoption present opportunities for India to integrate into global supply chains. - The vision for the next 25 years, Viksit Bharat, centers on manufacturing enhancement, addressing employment and technology gaps, and leveraging international partnerships for sustained stability. - Concerns about AI-induced job losses are being mitigated through a large pool of skilled engineers and retraining efforts. The government aims to make GPU resources accessible through funding mechanisms and create compute infrastructure under the India AI and National Supercomputing missions. - To penetrate global markets, Indian companies must prioritize global thinking and focus on quality. Collaboration between the government and states is crucial in promoting the growth of champion states at a rate of 10–11% per year, as India has transitioned from a fragile five to a top-five economy, achieving a growth rate of 8.4% in the last three quarters. Recent research highlights that India will surpass Germany and Japan by 2027, contributing around 30% of global GDP growth between 2035 and 2040. Confederation of Indian Industry, JLL India #Annualbusinessmeet2024 #GD #growth #AI #sustainability #renewableenergy #MakeinIndia #JLL

Micro, small, and medium enterprises (MSMEs) play a crucial role in driving economic growth, particularly in regions like the eastern part of India. The recent 'Future Ready to be Future Proof' conference organized by the Confederation of Indian Industry (CII) shed light on the imperative for MSMEs to embrace future readiness. Learn more about the takeaways here: https://lnkd.in/dx2pTqgr #MSMEs #CII #BusinessGrowth Confederation of Indian Industry Ramachandran Dinesh

While larger corporations have quickly embraced Industry 4.0, small and medium-sized enterprises (SMEs) have been slower to adopt it due to perceived barriers, such as implementation costs and resource constraints. Under the leadership of Neeraj Singhal, Indian Industries Association - IIA plays a vital role in helping SMEs in all possible ways to get benefitted from Industry 4.0 revolution. Ministry of Micro, Small and Medium Enterprises, Government of India #indianindustriesassociation #msmeindia #msmes #MSME #industry40 #DigitalTransformation

Top themes in the latest report on how GCCs are building resilience for sustainable growth: - Managing talent - Leveraging emerging technologies - Ensuring regulatory compliance - Addressing concentration concerns Among regulatory compliance, one third respondents identified managing IP related risks as a key priority. Sumantra Mukherjee #intellectualproperty #IPstrategy #innovation #patents

I recently had the privilege of attending the CII Northern Region Council Meeting. It was an enriching two-day event that brought together government dignitaries, industry captains, entrepreneurs, start-ups, and thought leaders. We engaged in insightful discussions on crucial topics. Strengthening industry-academia collaboration to bridge skill gaps and nurture a future-ready workforce was a key focus area. We also explored advanced manufacturing technologies, policy frameworks to boost the manufacturing sector's competitiveness, and evolving HR strategies for attracting and retaining top talent. Notably, we exchanged ideas on promoting women's participation and empowerment across various sectors, addressing barriers and creating more opportunities for their professional advancement. Overall, the event provided a valuable platform to gain insights, exchange best practices, and collaborate on strategies to drive progress across multiple domains, including academia-industry connect, advanced manufacturing, HR trends, and women's participation in the workforce. I look forward to attending more CII events in different regions in the near future. CII Northern Region Confederation of Indian Industry #CII4NR

#GCCs acknowledge that an agile and robust #workforcestrategy is critical to ensuring a sustainable, competitive, and effective GCC of the future. For in-depth insights, explore our paper ‘GCCs in India: Building resilience for sustainable growth' https://social.kpmg/azmbv3

We are incredibly proud to have the support of HCLTech as our Sponsor for the IABCA platform 👩💻 IABCA is thrilled to work with HCLTech, a company that has been delivering industry-leading capabilities in Australia since 1999. HCLTech focuses on Digital, Engineering, and Cloud solutions, powered by a broad portfolio of technology and business services software. With a global team of over 223,400 diverse and passionate people across 60 countries, HCLTech delivers smarter, better ways for all stakeholders to benefit from technology. Boasting 210+ Delivery Centers, 60+ Innovation Labs, and 10K clients using their software and products, HCLTech holds 2,000+ patents driving innovation. Recognized as a top employer in seventeen countries and impacting over 5.13 million lives through the HCL Foundation, HCLTech is driven by the purpose to bring together the best of technology and people to supercharge progress. Commonwealth Bank Deakin University South Asia Australia India Business Council Export Council of Australia NSW Government HomeWorld Group of Companies Australia India Chamber of Commerce (AICC) Australia India Institute Invest India Indo-Australian Chamber of Commerce High Commission of India, Canberra, Australia Ministry of External Affairs, India Australia India Youth Dialogue Australian Trade and Investment Commission (Austrade) Australian Government Suzlon Group Cricket Australia HCLTech Business Council of Australia Indian Link Centre for Australia-India Relations Invest Victoria Government of Western Australia Trade and Investment Queensland Indiaspora Elumina Business NSW Powerhouse Australia-India CEO Forum

Unlock the future of SMEs at the ET NOW SME Transformation Summit 2024! Join industry leaders and innovators to explore cutting-edge strategies, government schemes, and impactful practices driving SME growth and sustainability. Don't miss this opportunity to transform your business and contribute to India's economic progress! Stay tuned for insights, innovation, and strategies that will shape the future of SMEs in India! Samuel Ebenezer | Shailesh Bhojak | Clinton Marchon #ETNOWSME2024 #ETNOWSMEsummit #SMEtransformation #Innovation #SMEgrowth #SmallBusiness #SMEleadership #SMEsuccess #BusinessNetworking #StartupIndia