INDUSTRY BODIES IN INDIA
By MYBRANDBOOK
Industry bodies, trade associations, and chambers of commerce play a crucial role in representing businesses within a specific industry. Industry bodies often provide valuable resources and information to their members, keeping them updated on industry trends, legal changes, and best practices.
They represent the industry’s interests to government bodies and policymakers, advocating for regulations and policies that are favorable to their members. This can include lobbying for tax breaks, favorable trade agreements, or regulatory changes. They provide a platform for businesses to network, collaborate, and share information. This can lead to partnerships, business opportunities, and collective problem-solving.
The rapid growth of the Indian economy has led to an increase in both the volume and value of trade. Businesses have more opportunities to export their products and services, tapping into global markets and expanding their reach. The Indian government has prioritized infrastructure development, investing heavily in roads, ports, railways, airports, and digital infrastructure. This has significantly improved the efficiency of transporting goods and services, reducing costs and transit times.
Indeed, the Indian government has implemented several policies to enhance trade, commerce, and industry, making it easier for businesses to operate domestically and internationally. The government has undertaken several reforms to improve the ease of doing business, such as simplifying business registration processes, reducing the number of permits required, and digitizing regulatory processes. These efforts have significantly improved India’s ranking in the World Bank’s Ease of Doing Business Index.
India’s remarkable rise to the fifth largest economy is indeed noteworthy, especially given its status as a developing nation, with the IMF indicating that it will continue to grow faster than China, the second largest economy, as the Chinese mainland struggles with the collapse of its real estate market, low consumer and business confidence, and rising trade tensions with other major countries.
The Indian government has implemented several economic reforms and policies that enhance business operations, attract foreign investments, and promote industrial growth. Initiatives like “Make in India,” “Digital India,” and ease of doing business reforms have had a positive impact.
The most important fact is the growing Indian startup ecosystem has indeed experienced a significant boom, particularly in the e-commerce, fintech, and edtech sectors. As we look to the future, sectors such as healthtech and deeptech, including artificial intelligence, robotics, and other advanced technologies, are poised to produce the next wave of unicorns. To realize this vision, high-level intervention from the government and industry bodies is essential.
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ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA (ASSOCHAM)
Chairman : Nilesh Kadakia
Director General : Vinnie Mehta
India District Chair : Kasi Visweswaran
President : Pradeep Biyani
Secretary General: Praveen Khandelwal
President : Prof. N K Goel President : Sanjiv Puri
Co-Founder : Dr. Arvind Gupta |
Electronic Industries Association of India (ELCINA) President : Atul B Lall
Electronic & Computer Software Export Promotion Council (ESC) Executive Director : Gurmeet Singh
Shailesh K Pathak
President : Devesh Rastogi
Director General & CEO : Dr. Ajay Sahai
National President : Srinivas Valluri
Chairman : Dr. V Veerappan
CEO & Principal Advisor : P Ramakrishna
Chairman & MD : Pradeep Singh Kharola
INTERNET AND MOBILE ASSOCIATION OF INDIA (IAMAI) Shri.Harsh Jain |
INTERNET SERVICE PROVIDERS ASSOCIATION OF INDIA (ISPAI) Rajesh Chharia Tel: +91 11 26424001
Infotech Software Dealers Association (ISODA) Chairman : Prashant Jain
President : Rajkumar Rishi
Debjani Ghosh
President : S.V. Ramana
President : Alok Gupta
Naveen Seth
President : V.M.Gandhi
President : Champakraj Gurjar |
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