Sector Update

An Autumn Of Happy Tidings
In an article featured on the editorial page in the section “Of Ideas” of the Times of India dated 8 November 2011, Mr Chandrajit Banerjee, Director General (CII), points out the positive signs in the Indian economy that may be unnoticed in the gloomy global scenario. Mr Banerjee sees the clearance of the National Manufacturing Policy by the Cabinet as a very positive move towards reviving the competitiveness of the manufacturing sector and generating employment. He also welcomes RBI’s decision to pause interest rate hikes, and progress on Companies Bill and GST. Mr Banerjee further believes that India stlll has the strengths that will enable it to survive the global turmoil better than many other countries and remains confident that economic reforms will continue to take the country forward.

Chandrajit Banerjee
[Director General]
DG's Office (DGOF)
Confederation of Indian Industry
CII Central Office
Mantosh Sondhi Centre
23 Institutional Area
Lodi Road
New Delhi
Phone : 91-11-24629994 - 7
Fax :91-11-2462 6149
Email : cb@cii.in