INDIA'S STRONG BASE, ROAD TO RESURGENCE!
The Indian metals and metallurgy industry has technologically evolved from being simple metal appliances to designer alloys. With the best of technologies in its possession and a rising demand from domestic users, the industry is poised for a big leap forward. The demand for ferrous and nonferrous metals is also rising with the domestic manufacturing industry recovering from slowdown. Initiatives taken by the Government of India, especially the Make in India campaign, are expected to increase infrastructure and manufacturing output, which will definitely give impetus for growth of the metal and metallurgy industry.
India's steel demand is expected to increase by 5.4 per cent in 2019 reaching 88.3 MT. Other metal manufacturers such as aluminium are embracing more and newer innovative uses of metals at home and abroad. Base metals such as nickel, tin, select brass and copper have regained positions on the back of a higher demand. Increasing demands from ISRO coupled with hiking of import duties are making things better. Clearly, the horizon for the metals and metallurgy industry is broadening.
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes.
CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in India's development process. Founded in 1895, India's premier business association has over 8000 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 200,000 enterprises from around 240 national and regional sectoral industry bodies.
CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.
Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few.
The CII theme for 2016-17, Building National Competitiveness, emphasizes Industry's role in partnering Government to accelerate competitiveness across sectors, with sustained global competitiveness as the goal. The focus is on six key enablers: Human Development; Corporate Integrity and Good Citizenship; Ease of Doing Business; Innovation and Technical Capability; Sustainability; and Integration with the World.
With 66 offices, including 9 Centres of Excellence, in India, and 9 overseas offices in Australia, Bahrain, China, Egypt, France, Germany, Singapore, UK, and USA, as well as institutional partnerships with 320 counterpart organizations in 106 countries, CII serves as a reference point for Indian industry and the international business community.