The Associated Chambers of Commerce & Industry of India
"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Govt. planning to increase credit guarantee up to Rs 50K crore under CGTMSE for FY19: MSME secy

New Delhi, May 10, 2018: With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 50,000 crore for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) scheme set up by MSME Ministry, a top official said at an ASSOCHAM event held in New Delhi today.

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Thursday, May 10, 2018

Affordable solutions needed to intensify innovations in Indian pharma sector: DGHS

New Delhi, May 9, 2018: Advanced, affordable and accessible solutions is the only way forward towards intensifying the innovations in Indian pharma sector, a top Union Health Ministry official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, May 09, 2018

NDCP 2018: holistic, progressive and forward looking; ASSOCHAM

New Delhi, 8 May, 2018: Apex industry body ASSOCHAM has welcomed the draft National Digital Communications Policy (NDCP) 2018 that provides much needed impetus for light-touch, technology friendly framework to propel innovation and efficiency via communications.

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Tuesday, May 08, 2018

Investors handing over severe punishment to lack of corporate governance: ASSOCHAM

New Delhi, May 5, 2018: The Indian stock market is showing an increasing tendency for a zero tolerance for any perceived dishonesty on the part of companies, expecting them to remain fully transparent and compliant in corporate governance and has severely punished the companies faltering on transparency, the ASSOCHAM said, cautioning promoters to remain committed to enhancing shareholders' value.

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Sunday, May 06, 2018

Govt. re-aligning schemes & making investments to leverage opportunities in leasing industry: Additional secy, MSME Ministry

New Delhi, May 4, 2018: The Union Government is re-aligning its schemes and is making lots of investments to leverage humongous opportunities in the leasing industry, a top official said at an ASSOCHAM event held in New Delhi today.

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Friday, May 04, 2018

Indian MedTech market to touch Rs. 55,040 crore by 2020:

New Delhi, May 1, 2018: The Indian MedTech market may see twofold rise as its size in value terms is likely to reach Rs. 55,040 crore by 2020 from the current level of Rs. 26,048, growing at a compounded annual growth rate (CAGR) of 15 per cent against the expected global industry growth of 4-6 percent, according to an joint paper.

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Wednesday, May 02, 2018

Credit deployment stays negative in several key sectors; ASSOCHAM calls for urgent fixing of twin balance sheet problem

New Delhi, 28th April 2018: Inability of the banks, reeling under the mammoth problem of non-performing assets (NPA) to lend, coupled with lack of appetite for fresh investment by highly indebted India Inc has resulted in most of the industry sectors reporting negative growth in deployment of gross bank credit, the ASSOCHAM has said.

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Sunday, April 29, 2018

Govt. to recreate 20 monuments using 3D technology in 2 years: DST secy

New Delhi, April 27, 2018: With a view to facilitate tourists visiting India, the Centre would be using 3D technology to digitally reconstruct 20 historic monuments in the next two years and put them in Delhi, a top government official said at an ASSOCHAM event held in New Delhi today.

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Friday, April 27, 2018

Mobile manufacturing industry to mark Rs 132,000 cr by 2018: Ravi Shankar Prasad

New Delhi, April 26, 2018: Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology said at an ASSOCHAM event held in New Delhi today.

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Thursday, April 26, 2018

Frame separate law & implement Direct Selling Guidelines: ASSOCHAM plea to Consumer ministry

New Delhi, April 24, 2018: Apex industry body ASSOCHAM has urged the centre for speedy implementation of Direct Selling Guidelines notified by Union Government’s Department of Consumer Affairs in 2016 to facilitate ease of doing business in this sector.

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Tuesday, April 24, 2018

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