Latest news with #CAIT
News18
a day ago
- Business
- News18
CAIT hails India-UK trade pact as major step forward for Indian traders, farmers
Agency: PTI New Delhi, Jul 24 (PTI) The Confederation of All India Traders (CAIT) on Thursday welcomed the signing of the India–UK Free Trade Agreement (FTA), calling it a major step forward for Indian commerce and a new gateway for small traders, farmers and manufacturers to enter global markets. The agreement will offer duty-free access to nearly 99 per cent of Indian goods exported to the UK. Key sectors like textiles, gems and jewellery, engineering goods and handicrafts are expected to gain from the move. 'This is more than just a trade pact; it is a transformational moment for Indian traders and farmers," said CAIT secretary general and Member of Parliament Praveen Khandelwal, adding that under the leadership of Prime Minister Modi, Indian enterprise is stepping confidently onto the global stage. He said that a major feature of the agreement is the removal of tariffs on over 95 per cent of India's agricultural and processed food exports, including spices, turmeric, marine products and mango pulp. The move is expected to increase rural incomes and give a significant push to farm economy. Khandelwal added that the government has rightly protected sensitive sectors like dairy, showing a balanced approach that blends opportunity with caution. According to him, CAIT would actively support India's vast trader network in understanding and making use of the new trade framework. 'The FTA opens fresh opportunities for those who once viewed international trade as out of reach," he said, adding that it is not only about figures and exports, but about dignity, confidence, and building a stronger self-reliant India. The CAIT also added that the agreement will help boost employment, increase bilateral investments and support innovation and entrepreneurship in both countries. The India–UK FTA is being seen as a landmark in India's foreign trade policy and part of a broader effort to build a values-based and mutually beneficial economic partnership. PTI SHB SHB KSS KSS view comments First Published: July 24, 2025, 20:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Arab Times
02-07-2025
- Business
- Arab Times
CAIT opens applications for the 6th GCC Digital Government Award
KUWAIT CITY, July 2: The Central Agency for Information Technology (CAIT) announced the opening of applications for the sixth edition of the Gulf Cooperation Council (GCC) Digital Government Award. Acting CAIT Director General Najat Ibrahim told KUNA on Wednesday that the award aims to recognize and honor outstanding achievements in digital transformation across GCC countries. Applications are now open via the official website with the submission period running from early July until August 31. Ibrahim emphasized that the award serves as a pioneering platform to foster competition and innovation among government agencies in the field of digital transformation. The award features nine main categories covering diverse aspects of digital excellence, including best government digital service, best use of artificial intelligence, best open data initiative, best digital inclusion initiative, and best digital community participation. Other categories include best comprehensive government application, best purposeful digital game, best initiative to build government competencies, and an award recognizing the distinguished government institution in digital transformation. Ibrahim highlighted that the award reflects the broad scope of digital innovation and supports multiple pathways to excellence in government digital services. She further explained that the award aligns with Gulf regional trends to enhance digital cooperation, boost the preparedness of government institutions for future challenges, and achieve sustainable digital development goals within the GCC. Entities interested in participating are required to submit their applications through the authorized contact officer in their respective countries to ensure an organized and coordinated submission process. For further inquiries, applicants may contact the agency at +965 22929293.
Hans India
05-06-2025
- Business
- Hans India
CAIT, Meta to train 25k women traders with digital skills
New Delhi: The Confederation of All India Traders (CAIT) and Meta have launched an initiative to equip 25,000 women traders across India with digital skills using the WhatsApp Business first phase of 'Vyaapar Sakhi' will run from June to November 2025, offering in-person training sessions in multiple Indian languages. The initiative aims to help women entrepreneurs build a credible online presence, showcase products, set up automated messages, and run ads on women's wing of CAIT will lead the training, according to a release.'India is home to millions of women-led businesses, and empowering them is not just the right thing to do; it is critical to unleashing our country's vast entrepreneurial potential. 'We believe that giving women across India, especially in tier 2 and tier 3 towns, the right digital skills and knowledge to fully unlock the potential of WhatsApp will not only help them grow their businesses but it will also enable them to better support and benefit their communities,' Shivanth Thukral, Vice President and Head - Public Policy at Meta in India, said.
&w=3840&q=100)
Business Standard
04-06-2025
- Business
- Business Standard
CAIT, Meta initiative to train 25,000 women traders with digital skills
The Confederation of All India Traders (CAIT) and Meta have launched an initiative to equip 25,000 women traders across India with digital skills using the WhatsApp Business App. The first phase of 'Vyaapar Sakhi' will run from June to November 2025, offering in-person training sessions in multiple Indian languages. The initiative aims to help women entrepreneurs build a credible online presence, showcase products, set up automated messages, and run ads on WhatsApp. The women's wing of CAIT will lead the training, according to a release. "India is home to millions of women-led businesses, and empowering them is not just the right thing to do; it is critical to unleashing our country's vast entrepreneurial potential. "We believe that giving women across India, especially in tier 2 and tier 3 towns, the right digital skills and knowledge to fully unlock the potential of WhatsApp will not only help them grow their businesses but it will also enable them to better support and benefit their communities," Shivanth Thukral, Vice President and Head - Public Policy at Meta in India, said.
News18
28-05-2025
- Business
- News18
‘Not Turkey Or Azerbaijan': Marico Chief Mariwala Tells Which Country Is Greater Threat To India
Last Updated: "China poses a constant threat to our country and therefore, must be viewed in the same, in fact, even stronger light than Turkey and Azerbaijan," says Harsh Mariwala Amid the India-Pakistan tension, Harsh Mariwala, chairman of Marico Limited, said that China poses a greater threat to India, compared to Turkey and Azerbaijan. 'The current situation between India and Pakistan has resulted in growing support for a boycott of goods and travel to Turkey and Azerbaijan. And rightly so," Mariwala said on X. Indian trade leaders and tourists have taken a stance against Turkey and Azerbaijan, taking note of their open support to Pakistan after India's Operation Sindoor on terror sites in Pakistan and Pakistan-occupied Kashmir (PoK) in the aftermath of April 22 Pahalgam terror attack. 'It is also important that we maintain consistency and apply long-term thinking. However, we cannot be selective. China's strong support of Pakistan is well documented, both economically as well as militarily, and will have far reaching consequences for India's security and sovereignty," he said on X. The current situation between India and Pakistan has resulted in growing support for a boycott of goods and travel to Turkey and Azerbaijan. And rightly so. It is also important that we maintain consistency and apply long-term we cannot be selective.… — Harsh Mariwala (@hcmariwala) May 27, 2025 'This then, raises an extremely vital question – ' Are we applying our boycotts equally across the board or being selective?" China poses a far greater and constant threat to our country and therefore, must be viewed in the same, in fact, even stronger light than Turkey and Azerbaijan," said Mairwala. Traders in India decided to boycott trade and tourism with Turkey and Azerbaijan in a meeting of the Confederation of All India Traders (CAIT) in New Delhi on May 16. While India's trade ties with the two countries have already come under scrutiny, multiple educational institutions, including Jawaharlal Nehru University (JNU), have either suspended their collaboration with universities in Turkiye or are considering it. With the development, visits of Indian tourists, hosting of destination weddings and shooting of Indian films are also likely to significantly drop in Turkiye and Azerbaijan in the coming days as the government may discourage people from going to the two countries. Additionally, the Federation of Western India Cine Employees (FWICE) and All Indian Cine Workers Association (AICWA) on Wednesday appealed to Indian artists and producers to boycott Turkiye as a shooting destination for its pro-Pakistan stance. According to estimates, about three lakh Indian tourists visited Turkiye in 2023 and over two lakh to Azerbaijan. India's exports to Turkiye stood at USD 5.2 billion during April-February 2024-25 as against USD 6.65 billion in 2023-24. In response to Turkey's anti-India statements, the Indian government decided to revoke security clearance for Celebi Ground Handling India Private Limited, a Turkish firm operating at nine major airports, amid national security concerns. Trade leaders also welcomed the Indian government's recent decision to revoke security clearance for Celebi Ground Handling India Private Limited, a Turkish firm operating at nine major airports, citing national security concerns.
