From a non-existent base 40 years ago, the Indian auto industry has come a long way, writes an industry expert.
With more and more companies turning to green practices, an industry expert shares what it takes to build successful sustainable enterprises. For a globally integrating and fast-growing economy that is as large as that of India, the outbound growth of its enterprises is an inevitable trend. This is despite the domestic market being an attractive playing field for new entrepreneurs, start-ups, and multinational corporations. According to various studies by CII and the Government of India, in the past decade, outbound [...]
Chandrajit Banerjee, Director-General of the Confederation of Indian Industry (CII), outlines the various sectors that present tremendous opportunities to bolster UK-India cooperation. Historically linked together for centuries, India and the United Kingdom share a commitment to democracy, peace and stability as also institutional, educational and legal affinities that underpin the vibrant and dynamic bilateral relationship today. As India embarks on a reinvigorated growth path and the UK prepares for a historic detachment from the EU, these shared foundations establish a [...]
Donald Trump’s ambivalence on economic and strategic issues concerning India is coming in the way of taking bilateral ties to the next level. If India and the US were Facebook friends, then many in the Indian establishment would be justified in describing the relationship as “It’s complicated.” India is a “major defence ally” of the US, the economic relationship is vibrant, at least on the face of it, Washington has reiterated its support for India to be admitted into the [...]
As many as 800 Indian companies in the UK generated £47.5 billion in combined revenues in 2016 and contributed significantly to Brexit-bound UK’s economic growth outlook, a new report reveals. The ‘India meets Britain Tracker 2017’, released annually by professional services major Grant Thornton in collaboration with the Confederation of Indian Industry (CII), has found that Indian companies employ around 110,000 employees in the UK and last year had a combined capital expenditure of £4.25 billion. Anuj Chande, Head of [...]
As the Donald Trump administration begins to deliver on his poll promise of cracking down on the alleged misuse of H1B visas, Indian IT companies are feeling the pinch. Donald Trump’s election rhetoric is returning to bite the Indian IT sector as policy formulations of the new US administration. First, here are some updates on the bad news on H1B visas, the visa category mainly used by Indian IT companies to ship Indian IT professionals to the US. Tougher norms [...]
David Landsman is the Executive Director of Tata Limited and recently took charge as the Chair of the Confederation of Indian Industry (CII) India Business Forum (IBF) in the UK. He took time out for ‘India Global Business’ to talk about this new role, his wider perspective on post-Brexit India-UK ties and the need to address a decline in India’s exports to Britain. What does the post-Brexit era hold for Indian companies looking at UK/Europe for expansion? Over the past [...]
Employment intensive sectors such as agriculture, housing, tourism, textiles and retail must flourish and grow, writes a policy expert. Narendra Modi donned an unexpectedly huge challenge on himself and every citizen of India to completely disrupt and totally metamorphose our economy and society. With no Indian untouched by this move and by massively utilising social media platforms, television and radio, the Prime Minister is determined to be connected directly to each one of us in a most unprecedented manner. In [...]
The India-UK economic relationship is an important one, and would continue to go from strength to strength as the UK exits from the EU, according to the Confederation of Indian Industry (CII).
CII reaffirms its commitment to building trade and investment ties and positively enhancing business linkages with the UK. There is an increasing level of Indian investment into the UK, and many of these Indian businesses are doing extremely well. A recent Grant Thornton/CII ‘India Meets Britain’ report noted that the number of Indian companies growing at over 10 per cent per year in the UK has jumped to 62 from 36 in the previous year. Telecom and technology companies have achieved phenomenal growth, for example HCL Technologies recorded a growth of 728 per cent.