INDUSTRY BODIES IN INDIA
By MYBRANDBOOK
Industry bodies are the organizations founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies.
Indian Economy has been contributing significantly by playing a catalytic role in shaping up the Trade, Commerce and Industrial environment of the country. India has the world’s sixth largest economy in measures of GDP. It has the third largest purchasing power in the world. When we talk about the global economy, India is one of its fastest emerging players. Since our liberalization in 1991, the economy has opened up and given us plenty of opportunities to succeed.
India is the fourth-largest unicorn base in the world with over 21 unicorns collectively valued at US$ 73.2 billion. By 2025, India is expected to have ~100 unicorns by 2025 and will create ~1.1 million direct jobs according to the Nasscom-Zinnov report ‘Indian Tech Start-up’. According to data from the RBI, as of the week ended on June 04, 2021, the foreign exchange reserves in India increased by US$ 6.842 billion to reach US$ 605 billion.
Lastly, India is expected to be the third largest consumer economy as its consumption may triple to US$ 4 trillion by 2025, owing to shift in consumer behaviour and expenditure pattern, according to a Boston Consulting Group (BCG) report. It is estimated to surpass USA to become the second largest economy in terms of purchasing power parity (PPP) by 2040.
ASSOCIATION OF SYSTEM INTEGRATORS & RESELLERS IN TECHNOLOGY (ASIRT) ASSOCIATION OF UNIFIED TELECOM SERVICE PROVIDERS OF INDIA
BICSI Computer Association Of Eastern India Confederation of All India Traders -CAIT Communications Multimedia and Infrastructure Association of India Confederation of Indian Industry (CII) |
Digital India Foundation (DIF)
Electronic & Computer Software Export Promotion Council (ESC) Federation of All India Information Technology Associations (FAIITA)
|
Internet Service Providers Association of India India Trade Promotion Organisation (ITPO) Infotech Software Dealers Association (ISODA) Manufacturers’ Association for IT (MAIT) NASSCOM Other Service Providers Association of India (OSPAI) ProgressiveChannels Association of Information Technology (PCAIT) Trade Association of Information Technology (TAIT) |
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
Icons Of India : ALOK OHRIE
Alok Ohrie leads Dell Technologies’ India business, overseeing Sales...
SHAKTIKANTA DAS
Shaktikanta Das is serving as the current & 25th governor of the Reser...
ICONS OF INDIA : SACHIN BANSAL
Sachin Bansal is an Indian entrepreneur. He is best known as the found...
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
Indian Tech Talent Excelling The Tech World - Thomas Kurian, CEO- Google Cloud
Thomas Kurian, the CEO of Google Cloud, has been instrumental in expan...