The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Delhi-NCR stuck with highest unsold housing inventory; Mumbai next: ASSOCHAM

The woes of the real estate sector are far from over or have rather worsened with inventory of residential premises and commercial estates rising between 18-40 per cent in different cities with the maximum unsold stock lying in the Delhi NCR over the last one year, creating a big drag on several other sectors like financial services and steel, an ASSOCHAM study has pointed out.

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Thursday, May 05, 2016

Indian logistics market to touch US$ 307 billion by 2020: Ram Kripal Yadav

Logistics market in India is expected to be worth US$ 307 billion by 2020, Mr. Ram Kripal Yadav, Minister of State for Drinking Water & Sanitation said at an ASSOCHAM event held in New Delhi today.

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Wednesday, May 04, 2016

Govt. preparing framework for hydropower development in India: Additional Secretary, Power Ministry

Arunachal Pradesh to provide single-window clearance for hydropower generation: Chief Minister, Kalikho Pul The Union Power Ministry is in process of preparing a framework for hydropower development in India and the same would soon be taken to the highest level in the government, a top ministry official said at an ASSOCHAM event held in New Delhi today.

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Tuesday, May 03, 2016

India can save $50 bn if logistics costs are brought down to 9% of GDP: Study

Improvement in infrastructure is key to success of ‘Make in India’ India can save up to $50 billion if logistics costs are brought down from 14 per cent to nine per cent of country’s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said today.

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Sunday, May 01, 2016

Smartphones killing demand for point-and-shoot camera sales: ASSOCHAM

Sales of digital cameras with heavy discounts have drastically dropped to mere 35% in the last one year whereas the demand of smart phones has increased by over 120%, reveals an ASSOCHAM recent paper.

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Thursday, April 28, 2016

B and C category B-schools producing un-employable pass-outs: ASSOCHAM

Barring a handful of top Business schools like the government run IIMs and other few, most of 5,500 B schools in the country are producing sub-par graduates who are largely un-employable resulting in these pass-outs earning less than Rs 10,000 a month, if at all they find placements, an ASSOCHAM study has pointed out.

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Wednesday, April 27, 2016

Raise CVD on gold dore to 9% & keep excise duty on gold refined bars at 9.25%: ASSOCHAM plea to FinMin

Apex industry body ASSOCHAM has urged the Centre to raise countervailing duty (CVD) on gold dore to nine per cent and keep excise duty on refined bars made from gold dore at 9.25 per cent.

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Tuesday, April 26, 2016

RBI working towards simplifying registration process of new NBFCs: R. Gandhi, deputy governor

RBI concept note on P2P lending to be shortly put up on website for public comments In order to improve ease of doing business and make the process of registration of new non-banking finance companies smoother and hassle free, the Reserve Bank of India (RBI) is simplifying and rationalising the registration process, a top official said at an ASSOCHAM event held in Mumbai today.

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Monday, April 25, 2016

Banks` loss is NBFCs gain as risk aversion by govt lenders on rise: ASSOCHAM - PwC

With the public sector banks battling the mounting non-performing assets (NPAs) and losing their risk appetite, the non-banking finance companies (NBFCs) have a big growth opportunity knocking at their door, a joint ASSOCHAM-PwC paper stated

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Sunday, April 24, 2016

Government to boost MSMEs in defence sector to provide greater benefits: Kalraj Mishra

The Union Ministry of defence has ensured the participation of the Indian MSMEs (Micro, Small and Medium Enterprises) in defence sector for high technology products and services, Union MSME Minister, Mr Kalraj Mishra said at an ASSOCHAM event held in New Delhi today.

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Friday, April 22, 2016

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