The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Indian NBFCs must adopt new tech-based biz models to attract PE funding: ASSOCHAM-PwC Study

New Delhi, January 6, 2018: With banks tightening their purse strings owing to increasing bad loans, Indian non-banking financial companies (NBFCs) are growing their market share, however a recent ASSOCHAM-PwC joint study has stated that NBFCs will have to keep pace with new technologies and changing customer aspirations to attract timely PE (private equity) investments.

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Sunday, January 07, 2018

ASSOCHAM seeks Govt. intervention over CPCB panel’s recommendation for closure of coal-based industries in Delhi-NCR from Jan 15

New Delhi, January 5, 2018: Apex industry body ASSOCHAM has sought Union Government's intervention vis-à-vis recommendations of a CPCB-led taskforce on closure of all coal-based industries operating in Delhi-NCR for a fortnight from January 15 to contain air pollution during the upcoming ASEAN summit.

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Friday, January 05, 2018

ASSOCHAM Paper suggests "mid-course" correction to remove inequalities

New Delhi, January 4, 2018: Suggesting "mid-course corrections" in growth and development model, an ASSOCHAM Paper has said economic, social and political focus should be on narrowing the inequalities among different segments of the Indian population.

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Thursday, January 04, 2018

Union Budget 2018-19: ASSOCHAM seeks venture capital pool & lower tax rates for electronics sector

New Delhi, January 3, 2018: Considering that costs pertaining to finance, energy and logistics/transportation constitute major portion of consumer electronics sector, apex industry body ASSOCHAM has recommended the union government to allow weighted deduction of 150-200 per cent of the actual cost on specified components.

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Wednesday, January 03, 2018

Indias direct selling industry may reach Rs 159.3 bln by 2021: ASSOCHAM

New Delhi, 2 January, 2018: The Direct Selling industry in India has almost doubled since 2011 to reach INR 126.2 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of about 4.8% to reach INR 159.3 billion in 2021, reveals the study undertaken by ASSOCHAM.

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Tuesday, January 02, 2018

2018 may see USD 50 bn M&As thanks to stressed assets changing hands: ASSOCHAM Outlook

New Delhi, 1 January, 2018: In the backdrop of plenty of stressed corporate assets on offer at tempting valuations, India is expected to see mergers and acquisitions (M&A) worth USD 50 billion in 2018, according to an ASSOCHAM Year Ahead Outlook (AYAO).

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Monday, January 01, 2018

ASSOCHAM-EY study suggests 2-pronged strategy to boost nutritious & diversified food production in country

New Delhi, December 30th, 2017: With India and its agriculture and food processing sectors facing grave nutritional challenges, an ASSOCHAM-EY joint report has suggested the Government of India a two-pronged strategy based on public-private partnership (PPP) mode to promote nutritious, diversified and resilient food production.

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Sunday, December 31, 2017

Indian ICT revenue to touch US$ 225 billion by 2020: study

New Delhi, 29 December, 2017: The revenue of the Indian ICT (Information and Communication Technology sector is expected to reach an approximate value of about INR 14,42,839.5 crores (US$ 225 Billion) by the end of 2020 from current level of INR 10,53,434 crores (US$ 164.3 Billion) growing at CAGR of about ~11.1%, reveals the ASSOCHAM-RNCOS study.

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Friday, December 29, 2017

Credit growth likely to be muted at 8% this fiscal: ASSOCHAM Study

New Delhi, 28 December, 2017: Slowdown in economy coupled with high stress level in the banking sector is expected to restrict credit growth at around 8 per cent during the current fiscal despite government’s thrust on loan expansion, reveals the ASSOCHAM study.

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Thursday, December 28, 2017

Digital commerce market expected to cross $50 billion mark in 2018: study

New Delhi, 25 December, 2017: The digital commerce market in India is expected to cross $50 billion mark by the end of 2018 on the back of growing Internet population and increased online shoppers from the current level of $ 38.5 billion, reveals the ASSOCHAM- Deloitte joint study.

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Monday, December 25, 2017

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