The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Ban on Chinese fireworks’ fails to boost domestic firecracker sales: Survey

Banning import and sale of Chinese firecrackers has had little or no effect on domestically made crackers as traders across major cities report poor business owing to anti-cracker campaigns run by schools, resident welfare associations (RWAs) and others, noted an ASSOCHAM survey-cum-analysis.

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Friday, October 28, 2016

Platinum and diamond jewellery preferred choice this Diwali, Dhanteras: ASSOCHAM Survey

Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mind set of women, particularly those working , away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as investment avenue, an ASSOCHAM survey based on jewellers' and consumer feedback has noted.

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Thursday, October 27, 2016

Cash, gift vouchers most preferred Diwali festival gift by employees: Survey

While a box of traditional sweets is the least desirable gift for office workers, cash and gift coupons/vouchers, prepaid cards are most desired this Diwali festival, noted a just-concluded survey by apex industry body ASSOCHAM.

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Monday, October 24, 2016

Bank card fraud was waiting to happen, says ASSOCHAM-Mahindra SSG

The credit/debit/ATM card frauds as detected by some of the largest banks were waiting to happen as India has been on the radar of the global cyber criminals who hack into the computer servers using the malware, putting the entire financial structure into a big risk, an ASSOCHAM-Mahindra SSG joint study had forewarned.

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Sunday, October 23, 2016

Detailed annual plan on spreading awareness about new IPR Policy soon: Controller General of Patents

The Indian Patent Office is soon going to put in place a detailed annual plan in consultation with all stakeholders to spread awareness about the new Intellectual Property Rights (IPR) Policy by conducting workshops, seminars in schools, universities and other such institutions, Controller General of Patents, Designs and Trademarks, Mr O.P. Gupta said at an ASSOCHAM event held in New Delhi today.

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Friday, October 21, 2016

Domestic manufacturing sector must gear up to face challenges from China & Robotics technology: Anant Geete

The public and private enterprises in India’s manufacturing sector must provide quality products at an affordable cost thereby obtaining economies of scale to face challenges posed by China together with latest technologies of automation and robotics, Union Minister for Heavy Industries and Public Enterprises, Mr Anant Geete said at an ASSOCHAM event held in New Delhi today.

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Thursday, October 20, 2016

Ready to start consultative process on private investment in railways: Rajen Gohain, MoS Railways

Railway Ministry urges private sector to make investments in railway infrastructure, for which they are ready to offer an attractive and investment friendly environment particularly looking at investment partners in 400+ station building projects for high return on investment, said Mr Rajen Gohain, Minister of State for Railway at an ASSOCHAM event held in New Delhi today.

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Wednesday, October 19, 2016

Shopping malls facing up to e-commerce challenge: ASSOCHAM

Faced with heavy discounts from e-commerce, shopping mall owners in major cities are shaping back, going aggressive in the run up to Diwali offering freebies and easy finance options, hoping to win back the footfalls and increase their business by at least 45-50 per cent in the ongoing festive season as compared to similar period last year, an ASSOCHAM paper has noted.

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Tuesday, October 18, 2016

Over-dependence on China for key pharma raw material worrying: ASSOCHAM Paper

India may have emerged as a key supplier of generic and affordable medicine for the world market, its overwhelming dependence on China for a crucial raw material , known as Active Pharmaceutical Ingredient (API)to the extent of over 65 per cent of the requirement, has emerged as a main worrying area, an ASSOCHAM-RNCOS joint paper has noted.

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Monday, October 17, 2016

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