Rise in Medical Tourism Forex Earnings to Give a Fillip to the Services Sector
26 Sep 2019 Reckoned as the next big forex earner after software exports, medical tourism to India is increasing rapidly. Globally, it is becoming quite common for foreign citizens to seek medical care in other countries and coupling it with tourism. Affordability and better medical support services in India together with its renowned tag […]
Smart I-tech Next-Gen India@75
10 Oct 2019 Introduction and Theme The 10th edition of EXCON, to be held in Bengaluru between 10-14th December 2019 with ‘Smart I-tech Next-Gen India@75’ as the theme, is the largest construction equipment exhibition in South Asia. The theme is woven around the developmental vision given by 5Is, namely Infrastructure; Innovation; Internet; Intelligent; and Interconnected. The 5Is […]
New Material for the Commercial Construction Industry
11 Oct 2019 A nation’s progress and economic well-being is inextricably linked to future construction activity. Yet, environmental concerns are today leading to questions on how construction can align with imperatives of sustainability. Happily, new research is helping the construction sector to look at alternatives beyond the traditional modes. Given rapid urbanisation, a pragmatic approach […]
Community Development – Senior Care
30 Oct 2019 Longevity seems to be increasing across the world and the proportion of the world’s population of over 60 years of age is expected to double from about 12% to 22% by 2050. Every country now needs to ensure that their health and social systems are ready for this significant demographic shift. According […]
Developing India’s Infrastructure: Government-Industry Partnership
09 Nov 2019 The Indian infrastructure industry is one of the primary growth drivers of the economy and the country’s second largest employer. Along with the capital goods sector, it aids capital formation and boosts growth, adding around 2-3% to Indian gross domestic product (GDP) every year. With higher Government interventions in building infrastructure […]
Recommendations for boost Mining industry
16 Nov 2019 Mining is one of the core sectors of the Indian economy and is a lifeline for many industries, which thrive on raw materials. The mining sector’s contribution to the country’s GDP has come down from 3% to 2.2% in the last 5 years. In 2017- 18, the value of domestic production of […]
Recommendations for Chemicals and Petrochemicals industry
17 Nov 2019 ndia is the sixth largest producer of chemicals globally. The sector is at present valued at $150-155 billion and is growing at 8-10% annually. It provides employment to 7.5 lakh people, and accounts for a little over 2% to India’s GDP. CII has identified certain key issues that require primary consideration to […]
Recommendations for Food Processing industry
23 Nov 2019 The food processing sector is one of the largest employment creators, especially of non-farm jobs in rural areas. It boosts farm incomes, reduces agri produce wastage, and contributes to exports. CII recommends several measures to boost this important sector. Short-term Measures 1. Rationalization of GST Rates: A GST rate of 5% for […]
Recommendations for Steel industry
24 Nov 2019 India’s steel sector grew at around 6.8% in the April-June 2018-19 quarter, while the growth of crude steel production was around 3.5%. Imports, including those of semi-finished goods, have fallen by 13%, and finished goods by around 9%, y-o-y. Exports have declined by 27%. Steel prices have remained under pressure globally on […]
Recommendations for Textiles and Apparel industry
25 Nov 2019 The textiles and apparel industry is one of the largest employers in India’s manufacturing sector, employing over 45 million workers. Given the intrinsic labor-intensive nature of textiles manufacturing, this sector holds tremendous potential for future employment which could go up to 62 million by 2022 with an estimated addition of 17 million […]