The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

India among 5th largest producer of e-waste in world: ASSOCHAM-KPMG study

India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year with telecom equipment alone accounting for 12 per cent of the e-waste, according to an ASSOCHAM-KPMG joint study.

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Wednesday, May 25, 2016

Bread makers were using only permissible chemicals; let us stop scare mongering: ASSOCHAM

While the report by the Centre for Science and Environment (CSE) has caused a panic among the consumers resulting in plummeting of sale of bread and bakery products, the use of potassium bromate, purported to be harmful to health, was being done with the permission and full knowledge of the food regulator, the ASSOCHAM said.

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Tuesday, May 24, 2016

Do away with anti-dumping duty on flexible slabstock polyol: ASSOCHAM plea

Apex industry body has urged the government to provide level playing field to both domestic polyol manufacturers and importers/downstream industry players by eliminating existing trade barriers being imposed after misrepresentation of facts by certain domestic flexible slabstock polyol manufacturing companies.

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Monday, May 23, 2016

Modi Govt’s two year tenure ‘work in progress,’ ASSOCHAM gives 7 out of ten

Describing the two-year tenure of the Prime Minister, Mr Narendra Modi's Government as ‘work in progress,’ apex industry body ASSOCHAM today said that country’s big macroeconomic picture has certainly been steadied while some bold moves have been made in the roads and highways, railways and energy sectors earning seven out of ten ranking from India Inc on the performance chart.

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Sunday, May 22, 2016

Comprehensive approach needed for mining industry says: Sai

To sustain growth of the mining industry in the Country, the Union Minister of State for Steel & Mines Mr Vishnu Deo Sai has emphasised the need for a comprehensive approach so that the potential benefits of the sector are realised.

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Friday, May 20, 2016

Telecom Minister asks operators to upgrade mobile network; invest more

Counting a number of milestones achieved by the NDA in the telecom sector on completion of two years of the Narendra Modi Government, IT and Communication Minister, Mr Ravi Shankar Prasad today said at an ASSOCHAM meeting he would show firmness on the issue of quality of telecom service as he is answerable to the consumers and Parliament.

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Friday, May 20, 2016

Mamata, Jayalalitha likely to help NDA at Centre in economic reforms: ASSOCHAM

Results of the Assembly Elections in key states including Tamil Nadu, West Bengal, Assam and Kerala, have strengthened Prime Minister, Mr Narendra Modi who will now be able to speed up economic reforms with help of non-Congress friendly parties like AIADMK and even Trinamool Congress, ASSOCHAM President, Mr Sunil Kanoria said today.

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Thursday, May 19, 2016

Govt. to set up science & technology incubators applying hub & spoke model: Y.S. Chowdary

Science & Technology Ministry working on ‘five year rolling plan’ to measure plans & their implementation The union government will soon launch a hub and spoke model to set up science cities and science centres to encourage science and technology (S&T) incubators and create an enabling environment, minister of state for science & technology and earth sciences, Mr Y.S. Chowdary said at an ASSOCHAM event held in New Delhi today.

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Thursday, May 19, 2016

India`s cost competitiveness in manufacturing vis-à-vis Europe may decline 15% by 2023: Study

Poor infrastructure & inland logistics services are major impediments for growth India’s cost competitiveness in manufacturing vis-à-vis Europe may decline from current level of about 44 per cent to 30 per cent by 2023 owing to growing labour costs, according to an ASSOCHAM-Roland Berger joint study.

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Wednesday, May 18, 2016

ASSOCHAM seeks govt taking bank loan repayments of rural borrowers in drought hit areas

As part of an immediate relief kit to the farmers and rural population suffering an oppressive drought, the government should take the load of their bank loan repayments upon itself, besides reaching food grains to the affected areas at highly subsidized rates, ASSOCHAM President, Mr Sunil Kanoria said today.

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Tuesday, May 17, 2016

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