Confederation of Indian Industry

“Luxury is not a product, but an emotion that has aspirers and admirers. India will be a huge market for luxury goods and it will engage the world in terms of globalisation,” said Union Commerce and Industry Minister Kamal...

The government move to replace the Collection of Statistics Act 1953 with the Collection of Statistics Bill, 2007, empowering the government to seek sensitive corporate data has been criticised by the industry. In the amended legislation proposed to be brought...

The recent amendment of Competition Act making it mandatory for all enterprises to notify before a merger or acquisition, has been criticised by Confederation of Indian Industry (CII) as a move that would impede economic growth. “This amendment entails a...

The country's post-harvest machinery and cold storage industry is witnessing a 35 per cent annual growth during the last two years due to the emergence of organised retail chains, increase in the number of food processing industries, and growth...

“Your loyalty programmes must drive incremental purchase rather than rewarding normal purchase. One must differentiate between frequency and profitability,” said Bijou Kurien, president, Reliance Retail, on the 2nd day of 15th CII Quality Summit, in Bangalore. The summit started...

The Confederation of Indian Industry (CII), Southern Region, and Southern India Mills’ Association (SIMA) are organising the annual conference on textiles, Comptex 2007, on October 26 and 27. The fifth edition of the event will be hosted at The...

India requires $492 billion to fund its infrastructure needs, and that is possible only with the participation of private and foreign players, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. "Investment by public and private sector in infrastructure...

Rural retail got a boost with a report saying the direct impact of it will be employment generation and increased revenue and tax generation in rural areas and help farmers get genuine products. The report by Yes Bank presented at...

India’s retail industry, estimated to grow into a $427 billion industry by 2010 from the current $328 billion, should intensify its focus on the youth as the most potential consumer, recommends a study. The country’s biggest asset in the context...