The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

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

Economy may reach 7% growth in 2018; tilt towards farm sector in new year: ASSOCHAM Outlook

New Delhi, December 23, 2017: After ”disruptions" like lingering demonetisation effect and GST roll-out, the IndiaDn economy may reach a 7 per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before the Lok Sabha elections, the ASSOCHAM Year-Ahead Outlook (AYAO) pointed out.

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Sunday, December 24, 2017

India pharma exports to touch $20 bln by 2020: study

New Delhi, December 21, 2017: Indian pharmaceutical exports are likely to touch $20 billion by 2020 from the current level of around $16.5 billion, registering a compounded annual growth rate (CAGR) of about 30 per cent, reveals ASSOCHAM and UL India joint study.

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Thursday, December 21, 2017

Govt. combining traditional & modern technology for more accurate crop forecasts: Prof. T.C.A. Anant

New Delhi, December 20, 2017: The Centre is working on a combination of traditional and modern technology like satellite imagery for crop acreage and yield estimation to build up a much more sophisticated analysis and ensure accurate agriculture forecasts, a top official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, December 20, 2017

Delhi Govt. policy to incentivise people willing to shift from fossil fuels to electric energy on the anvil: Kailash Gahlot

New Delhi, December 19, 2017: Delhi Government is soon likely to come out with a policy to incentivise people willing to shift from fossil fuels as an energy source to electric (energy), Transport Minister, Mr Kailash Gahlot said at an ASSOCHAM event held in New Delhi today.

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Tuesday, December 19, 2017

ASSOCHAM congratulates PM for Gujarat, HP win; says peoples aspirations ever rising

Congratulating Prime Minister Mr Narendra Modi for the BJPs convincing win in Gujarat and Himachal Pradesh (HP) Assembly elections, ASSOCHAM President Mr Sandeep Jajodia said, “We are confident that the new BJP Government in the States would work for the all round development of Gujarat and Himachal Pradesh with a special focus on agriculture, trade and industry, particularly in the medium, small and medium enterprise (MSME) segment."

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Monday, December 18, 2017

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