FICCI

FICCI Survey Reveals Slashing Business Confidence in India

FICCI Survey Reveals Slashing Business Confidence in IndiaAn industrial survey has recently concluded that dealing with a majority of problems has lowered the business confidence in India to such a big extent that figures stroked two-year low.

Survey has blamed certain big problems like high interest rates, frustrating governance issues, land acquisition matters and eroding pricing power in an inflationary environment, to be the biggest causes to plunge the confidence of the businesses in India to a two-year low.

Technical textiles industry to grow to Rs.1.4 trillion by 2017

Technical textiles industry to grow to Rs.1.4 trillion by 2017New Delhi, Aug 25 :The Indian technical textiles industry is projected to grow to Rs. 1.4 trillion ($31.4 billion) by 2016-17, with healthcare and infrastructure sectors accounting for a major chunk of the consumption, according to a research paper released Thursday.

Currently, the technical textiles industry market was estimated at Rs. 570 billion ($12.67 billion) in 2010-11, said the FICCI-Wazir Advisors-Ernst & Young Knowledge joint paper.

Technical textiles are specialised textile products having varied industrial applications.

CM Rosaiah stands strongly for investment in AP

CM Rosaiah stands strongly for investment in AP Ficci's stand that the state of AP should have good and proper investment was backed by the Chief Minister of the state, Rosaiah.

So strong was his commitment to the purpose that even poor health could not stop him for coming for the event that was organized by FICCI and was about the development of AP as an investment destination.

FICCI opposes FDI increase in Defence sector

FICCI opposes FDI increase in Defence sector  While there have been debates on upping the FDI in the Indian defence sector for the past many months now but the Industry chamber FICCI has recently said that it is not in the favour of raising the foreign direct investment (FDI) cap in defence saying the existing limit of 26 per cent has attracted sufficient investment in this strategic sector.

Media and entertainment industry to cross $24 billion by 2014

FICCI-LogoThe media and entertainment industry in the country is about to cross the mark of $24 billion by 2014, according to a study.

The growth of 13 per cent is mostly on the backing of a strong economic recovery. The industry is witnessing increased spending in advertising and higher media penetration.

The study was conducted by the Federation of Indian Chamber of Commerce along with the consultancy firm KPMG.

FICCI-KPMG report says India’s media industry will be back on track in 2010

FICCI-logoAs per a latest joint report by Federation of Indian Chambers of Commerce and Industry (FICCI) and the research firm KPMG, the media and entertainment industry of India is expected to be back on track after facing a slowdown for two years.

The report says that the key factors that will drive the growth of this sector in 2010 will be the digitization of the industry, expanding regionalization of content, increasing competition, more focus on innovation and increased emphasis on marketing and distribution.

FICCI Appoints Rajan Bharti Mittal As Its New President

FICCI Appoints Rajan Bharti Mittal As Its New PresidentRajan Bharti Mittal, vice chairman and managing director of Bharti Enterprises, has been appointed as the president of Federation of Indian Chambers of Commerce and Industry (FICCI).

The 50-year-old Rajal took over the charge from Harsh Pati Singhania after the conclusion of FICCI's 82nd AGM, which was attended by Finance Minister Pranab Mukherjee.

Harsh Singhania is the MD of JK Paper Ltd.

Before taking new charge, Mittal was its senior vice president.

Singapore becomes top ASEAN investor in India

FICCI emphasizes need to revamp tourism; suggest a 13-point action programA recent study, conducted by industry body FICCI, has suggested that in the year 2008, the biggest investor among the 10-nation ASEAN bloc in India, was Singapore.

In 2005, investment from the island city state was Rs 1,416.90 crore.

The second biggest investor was Malaysia, with an investment of Rs 453.80 crore last year, which is a big jump from its Rs 21.30 crore in 2005.




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