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The Hindu
15 hours ago
- Business
- The Hindu
Defence sector holds promise for start-ups, MSMEs and entrepreneurs, says ex-chief of Confederation of Indian Industry
A new ecosystem is emerging for the defence sector as private industry participation increases, said R. Nandini, former chairperson of the Confederation of Indian Industry (CII), Southern Region, in Coimbatore on Friday (June 27, 2025). Speaking at the inauguration of The Hindu businessline MSME Growth Conclave – Coimbatore 2025, she said that micro, small and medium-scale enterprises (MSMEs) are at a pivotal moment and are navigating through a complicated international scenario. With regard to the defence sector, there is a shift in government policy and a fundamental change in the mindset of entrepreneurs too, she said. Start-ups, the MSMEs and technology innovators are contributing to national security and defence production. Coimbatore plays a significant role in this as it has its strengths in engineering, manufacturing, and high precision industries. These units are in an advantageous position to contribute and benefit from this transition of the defence sector, she added. Coimbatore has a history of strong collaboration with Germany and this should be showcased globally, she added. Raghuvir Srinivasan, Editor of The Hindu businessline, said the fifth edition of the MSME conclave, which is organised in Bengaluru annually, has expanded this year to Coimbatore. The event had panel discussions on 'Delivering a Big Bang (on defence supplies)' and 'Navigating Global Trade Disruptions'. Ajay Srivastava, founder of the Global Trade Research Initiative, in a fireside chat with Aarathi Krishnan, Consulting Editor of The Hindu businessline, spoke on free trade agreements, the impact of U.S. President Donald Trump's posts on social media, and the trade happening between the U.S. and India. The conclave, powered by Janatics and HDFC Bank, had SSVM Institutions Coimbatore, City Union Bank, Radiance Realty, SIDBI, South Indian Bank, Tally, Milky Mist, Indian Overseas Bank, and Union Bank of India as Associate Partners and Lexus as the Luxury Partner.
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Business Standard
17 hours ago
- Business
- Business Standard
Mizoram receives one of lowest shares of CSR funds in India: CM Lalduhoma
Mizoram Chief Minister Lalduhoma on Friday said the state receives one of the lowest shares of Corporate Social Responsibility (CSR) funds from companies in the country. He attributed the low inflow of funds to the limited number of registered CSR implementing agencies in the state. "Even though there are numerous companies operating in India and are obligated under law to implement Corporate Social Responsibility (CSR) initiatives, Mizoram continues to receive one of the lowest shares of CSR funds in the country," the chief minister said. Lalduhoma was addressing the valedictory function of a three-day capacity building workshop for NGOs and implementing agencies in Aizawl. The event was organised jointly by Mizoram CSR cell and the Confederation of Indian Industry (CII). The chief minister said that CSR funds have the potential to significantly contribute to developmental works, citing the Serchhip district hospital building as an example, where over Rs 21 crore was harnessed through CSR. Emphasising the need for more registered implementing agencies in the state to get more such funds, he said that a dedicated CSR cell was established in the CMO to increase the number of registered agencies and guide them in mobilising them. Lalduhoma also urged societies, NGOs, and hospitals to register as implementing agencies and assured them that the CSR Cell would continue to assist them. The event was attended by the chief minister's adviser (finance and planning) and MLA TBC Lalvenchhunga, who is also the chairman of CSR cell.

The Hindu
21 hours ago
- Politics
- The Hindu
MP explains the features and functioning of parliamentary democracy
Over 300 students from across the region participated in the inaugural session of 'Young Indians Parliament 2.0', a civic awareness programme organised by the Tiruchi chapter of Young Indians (Yi) under the auspices of the Confederation of Indian Industry, on Friday. The two-day programme, held under Yi's 'Thalir' initiative, was inaugurated at Shrimati Indira Gandhi College on Friday by DMK Rajya Sabha Member Tiruchi N. Siva. Pradeep Chenthilkumar, Yi Entrepreneurship joint national chair, and Praveen Krishnakumar, Yi Tiruchi chapter chair, were present. Mr. Siva explained the history of Indian Parliament, structure and types of parliamentary proceedings, and key differences between the Lok Sabha and the Rajya Sabha. He elaborated on how bills are introduced and passed, the functioning of Zero Hour, and the distinction between policies and laws. Students were captivated by his insights and experiences from within parliament, especially his involvement in key bills and debates over his tenure. In an interactive session, the MP responded to a variety of career-oriented, leadership-focused, and policy-related queries posed by students. The valedictory session on Saturday will be addressed by Tiruchi MP Durai Vaiko. The Yi Young Indians Parliament is a flagship platform for experiential learning, enabling students to actively engage with themes such as governance, sustainability, entrepreneurship, and citizen leadership. Yi Thalir co-chairs Deepiha Lakshminarayanan and Lavanya Naveen, and Sashank Mothi - Yi Trichy Chapter co-chair, spoke.


Time of India
2 days ago
- Health
- Time of India
Odisha govt to set up nine new medical colleges: Minister
Bhubaneswar: The Odisha government is going to set up nine new medical colleges in the state, informed Health and Family Welfare Minister Mukesh Mahaling said on Tuesday. Of the nine, four will be dental medical colleges and one Ayurvedic institute. "We have decided to set up four MBBS colleges at Jagatsinghpur, Bhadrak, Dhenkanal and Nabarangpur districts, four dental colleges at Burla, Berhampur, Bolangir and Keonjhar, besides an Ayurvedic college in Mayurbhanj district," Mahaling told media persons. Besides, the new medical colleges with 100 MBBS seats each at Phulbani in Kandhamal district and Talcher in Angul districts will start functioning from the current academic year, he said. Mahaling thanked Prime Minister Narendra Modi and Chief Minister Mohan Charan Majhi for approving the new medical colleges for Odisha, which will help meet the required number of doctors in the state. Mahaling was speaking to reporters on the sidelines of the maiden Healthcare Summit 2025 organised by the Confederation of Indian Industry (CII) here. In his address at the event, the minister emphasised the state's commitment to enhancing healthcare infrastructure and medical education . He informed the gathering about the recruitment of over 4,000 doctors and paramedical staff last year and plans to recruit more than 5,000 medical personnel this year. Efforts will be made to fill up 1.5 lakh vacant government posts within five years, the minister said. Sunil Gupta, chairman of CII Odisha State Council, underscored Odisha's growing role in the national healthcare landscape and the importance of public-private partnerships in driving future growth.


Hans India
2 days ago
- Business
- Hans India
Role of pvt sector in strengthening aqua sector stressed
Vijayawada: The private sector has a vital role in strengthening the aquaculture ecosystem, said B Rajsekhar, special chief secretary, animal husbandry, dairy development and fisheries. He was speaking at a national conference on 'Fostering Sustainable Growth & Competitiveness in Fisheries and Aquaculture' held here on Wednesday. The event was jointly organised by the Confederation of Indian Industry (CII) and its Food and Agriculture Centre of Excellence (FACE). Rajsekhar emphasised the need for collaboration among the government, private sector, cooperatives, startups, and development organisations to drive innovation, sustainability, and inclusive growth in aquaculture. He noted the sector's critical role in the state's economy, especially in coastal Andhra Pradesh, and assured full support from the state government. Rama Shankar Naik, commissioner of fisheries, pointed to Andhra Pradesh's focus on innovative infrastructure to transform the fisheries sector. He urged greater private investment in cold chains, logistics, and processing to tap the sector's full potential, citing the state's favorable policy environment. S Narendra Kumar, vice-chairman, CII Andhra Pradesh, outlined the conference's goal to bring together stakeholders from across the fisheries value chain to strategise for sustainable growth and global competitiveness. Dr S Kannappan, senior executive director, National Fisheries Development Board, called the sector a key driver in India's 'blue economy' and stressed aligning efforts with the national vision of Viksit Bharat@2047. P Ravichandran, chairman, CII Task Force on Fisheries & Aquaculture, stressed the sector's importance in ensuring food security, generating employment, and boosting foreign exchange earnings. The conference featured three panel discussions: the first on driving growth and efficiency, focusing on PMMSY and policy support; the second on balancing conservation with industrial development; and the third on emerging trends and innovations across marine, brackish, and inland fisheries.