Confederation of Indian Industry (CII)

CII was setup in 1895 as a non-government, not for profit, industry led and industry-managed organization.

• Current membership of CII includes both public and private sectors including SMEs and MNCs.
• The organization is headquartered in New Delhi.

Function and Responsibilities of CII

• Works with Ministry of External Affairs, international institutions and multilateral agencies to create favourable policies for trade and investment especially in Doha Development Round of WTO and the Free Trade Agreements signed or currently being negotiated by India.
• First point of contact for foreign companies to interact in Indian market and for national companies to approach emerging market overseas.
• Help develop market for Indian exporters.
• Create joint venture possibilities for both Indian and global companies to enrich possibilities of trade.

Conclusion

India’s manufacturing sector has the potential to touch US$ 1 trillion by 2025 and to create up to 90 million domestic jobs by 2025. Sustained availability of quality workforce, strong consumerism in the domestic market, low cost of manpower, strong technical and engineering capabilities backed by top-notch scientific and technical institutes would provide the necessary backbone to propel the manufacturing sector in coming years. The favourable demographic dividend for the next two to three decades provides a unique opportunity to turn India into a global manufacturing hub and to increase prosperity and standard of living or to face the threat of increased joblessness and social unrest in the country. The need of the hour is to raise the contribution of manufacturing sector in the Indian GDP (25-30%) to ensure India becomes one amongst the top three manufacturing destinations by 2020.