India & PHD Chamber of Commerce and Industry

India: India's Micro, Small, and Medium Enterprises (MSMEs) are facing severe compliance challenges due to the European Union's CBAM, threatening the export competitiveness of its steel and aluminium sectors. The Government of India is urged to intervene with support and policy adjustments.

PHD Chamber of Commerce and Industry: PHD Chamber of Commerce and Industry, represented by Jatinder Singh, focused on how Indian MSMEs can overcome CBAM challenges through government-backed monitoring technologies and by seeking alternative export markets.

India: The release of the revamped Index of Industrial Production (IIP) provides a more accurate and comprehensive view of India's industrial activity, which is crucial for its economic assessment and policy-making.

PHD Chamber of Commerce and Industry: PHD Chamber of Commerce and Industry officials commented on the revised IIP numbers, stating they provide a more current reflection of production patterns and will improve the quality of industrial assessment.

India: The event supports India's rural economy and handicraft sector, aligning with national initiatives to boost cooperative movements and sustainable livelihoods.

PHD Chamber of Commerce and Industry: Participation signals industry interest in India — Ladakh Pashmina, potentially opening new business opportunities for members.

India: The central government notified MPD-2047, providing a roadmap for India — Delhi's development. The outreach supports national urban development goals and could have broader economic implications.

PHD Chamber of Commerce and Industry: PHDCCI will participate in consultations on industrial development, potentially benefiting its members from MPD-2047 initiatives.

India: The mandate supports the government's MSME development agenda, potentially boosting economic growth and employment.

PHD Chamber of Commerce and Industry: Expressed support for the mandate, highlighting its potential to improve MSME working capital and competitiveness.

India: India's industrial output grew by 5.1% in May 2026, indicating resilient domestic demand and economic expansion. This growth is a positive sign for the nation's overall economic health.

PHD Chamber of Commerce and Industry: Rajeev Juneja, President of PHD Chamber of Commerce and Industry, commented on the revised methodology for India's industrial output, stating that it is expected to provide a more accurate measure of real industrial output and aligns India's industrial statistics with international best practices.

India: India reinforces its diplomatic and developmental engagement with Afghanistan, potentially expanding its influence and opening avenues for agricultural exports and technology transfer.

PHD Chamber of Commerce and Industry: PHDCCI engaged with the delegation on business and trade opportunities.

PHD Chamber of Commerce and Industry: PHD Chamber of Commerce and Industry released the report detailing the impact of the West Asia conflict on India's tourism, aviation, and hospitality sectors.