The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Up to half of milk, fruits & veggies produced in India goes waste due to poor cold chain infra: Study

New Delhi, October 24, 2017: Despite India being world’s largest producer for milk and second largest producer of fruits and vegetables, about 40 to 50 per cent of the total production valued of $440 billion (bn) ends up wasting, noted a recent ASSOCHAM-MRSS India study.

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Tuesday, October 24, 2017

GST, demonetisation may impact Indian wedding market growth: ASSOCHAM

New Delhi, October 23, 2017: The upcoming wedding season starting in November may be impacted by 10-15 per cent particularly wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, photography and more, reveals by industry chamber ASSOCHAM.

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Monday, October 23, 2017

Indian travel tourism industry to grow by 2.5%: study

New Delhi, October 21, 2017: The travel and tourism industry has supported in 2016 over 25, 400,000 jobs i.e., 5.8 percent of the total employment and has tremendous potential to rise by 2.5 percent provided the budgetary allocation was enhanced from the current 0.9% of the total allocation to atleast 0.15% in 2018-19.

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Sunday, October 22, 2017

Fire crackers ban in NCR: Responsibility for clean air lies on all, says ASSOCHAM

New Delhi, 21 October 2017: Expressing concern over poor implementation of the Supreme Court ban order on sale of fire crackers in the Delhi–NCR, the ASSOCHAM today said ensuring a clean environment should be a combined responsibility of the Centre, state governments, civil society and public at large and not of the apex court alone.

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Saturday, October 21, 2017

35-40% slashing in corporate gifts this Diwali: ASSOCHAM Survey

New Delhi, 18th October 2017: In sync with the low-key festivities due to slowdown concerns and pressure on their balance-sheets, corporate India is going rather lukewarm in Diwali gifts this year to its associates, networked partners, employees and other key personalities, slashing the budget by at least 35-40 per cent under this head, an ASSOCHAM survey has noted.

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Wednesday, October 18, 2017

Average family to spend Rs. 10,000 on this Diwali: ASSOCHAM survey

New Delhi, October 17, 2017: About 68 per cent families to spend in the range of Rs. 5,000 to Rs.10,000 on the occasion of Diwali which is slightly lower than the last year, a quick survey by ASSOCHAM-Social Development Foundation (ASDF).

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Tuesday, October 17, 2017

Majority of Delhiites welcome ban on firecrackers, suggest effective implementation: Survey

New Delhi, October 16, 2017: While the Supreme Court ban on sale of firecrackers in Delhi-NCR has been drawing mixed reactions from people in general, majority of working professionals in the region have supported such prohibition, noted a quick random survey by ASSOCHAM Social Development Foundation.

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Monday, October 16, 2017

NRI deposits nosedive, due to oil price tremors in Gulf

New Delhi, October 14, 2017: With fading away of the glorious years for the oil-rich countries in the Gulf following the crude prices battling to inch up, the Non-Resident Indians (NRIs) net deposits inflows have seen a huge drop of 98 per cent in the first five months of current financial year over the same period of 2016-17, according to an ASSOCHAM analysis.

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Sunday, October 15, 2017

Digital India to provide 20-30% increase in India’s GDP by 2025: K.J. Alphons

New Delhi, October 12, 2017: Digital India program has the potential to provide an incremental 20-30% increase in India’s GDP by 2025, since its launch in July 2015, significant progress has been made in several initiatives under Digital India, Minister of State, Ministry of Electronics and IT, Mr K.J. Alphons said at an ASSOCHAM event held in New Delhi today.

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Thursday, October 12, 2017

Odisha tops with highest DMF collection of over Rs 3.4K crore till September-end: Prafulla Kumar Mallik

Bhubaneswar, October 12, 2017: With total funds collection worth Rs 3,433.66 crore up to end of September, Odisha has topped among all states in the country in terms of collecting and utilising funds under the District Mineral Foundation (DMF) mandated under the amended Mines and Minerals Development & Regulation (MMDR) Act, Steel and Mines Minister, Prafulla Kumar Mallik said at an ASSOCHAM event held in Bhubaneswar today.

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Thursday, October 12, 2017

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