PHDCCI Archives - The Lucknow Tribune

PHDCCI projects USD 34.7 trillion size of the economy by 2047

April 17, 2024 Arijit Bose

Suggests 10 key enablers to become a developed economy by 2047 New Delhi: The Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds. India’s economy will attain the size of USD 34.7 trillion by 2047 with per capita income of USD 21000, says industry body PHDCCI. At a disaggregated level, each sector of the India’s economy will bolster the economy on the path to “Viksit Bharat by 2047”. For our economy, sectoralvalue added will be 12% of Agriculture, 34% Industry and 54% Services, with share of…

PHDCCI to build University-Industry Linkages

April 13, 2024 Arijit Bose

New Delhi: A 3-day MSP (Marketing, Strategy, and Policy) Research Conference in Goa discussed MoUs to bolster research and innovation in India. PHD Chamber of Commerce and Industry (PHDCCI) joined as an Industry partner in the 3-day International Conference. The Conference has resulted in interesting outcomes in the forms of MOUs being discussed between MSP and Bharati College on academic turf and with PHDCCI to build the Industry-University Linkages for the promotion of research and innovation in India. These will be executed under the leadership of Prof Kavita Sharma, President,…

RBI Policy status quo will propel economic growth: PHDCCI

April 6, 2024 Arijit Bose

– Softening of headline inflation towards 4.5% will create scope for a repo rate cut, says industry body PHDCCI RBI’s decision to maintain a status quo on its policy rates will propel economic activity and boost economic growth, said Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry (PHDCCI), in a press statement issued. The continuously accelerating economic growth and softening inflation trajectory, coupled with the status quo in repo rate will lead to much higher GDP growth in FY2025, said Mr. Agrawal. We expect a repo rate cut as and…

PHDCCI organizes Global Sustainability Conclave

March 22, 2024 Arijit Bose

New Delhi: Creating the right ecosystem for scaling solar is very important, especially in terms of policy regulations with removing blockades for the deployment of private capital that will promote sustainable growth, said Ramesh Kumar Kuruppath, Chief of Unit (Programme & Projects Implementation Cluster), International Solar Alliance (ISA) while speaking at Hotel Le-Meridien, New Delhi. He further added, creating a guarantee mechanism for investor confidence is also very important. The issue of global sustainability is very complex, and the entire narrative has changed since 2015 in terms of SDG goals,…