Chandigarh, also known as 'City Beautiful' is a Union Territory and capital of two states - Punjab and Haryana. Administratively it falls under Central Government with the Governor of Punjab as the administrator. The word Chandigarh literally means Chandi Garh or Fort of Goddess Chandi – a name derived from a temple situated nearby in Panchkula. Chandigarh has two satellite cities – Panchkula and Mohali. The three cities are collectively referred to as Chandigarh tricity.
Chandigarh has 493 factories with an estimated investment of Rs. 5.06 billion and net income of Rs 1.4 billion as on 2003-04. The city was not planned to be developed as an industrial city hence limited provision was made for industries. As a result of which the industrial growth has been limited. An area of 1,450 acres was planned for development of industrial area mainly for SSI units and pollution free industries. There is not much scope for expansion apart from existing Industrial areas of Phase-1 and Phase-2. About 40% are ancillary units producing components for the tractor industry. The important industries are light engineering industry, industrial fasteners, electrical and electronic items, machine tools, pharmaceuticals, basic metals and alloys, paper manufacturing, plastic goods, sanitary fittings, steel and wooden furniture and food products etc. The total estimated annual production of manufacturing industry in the year 2004-05 stood at Rs 4.44 billion.
Chandigarh Administration is focusing on promotion of Information Technology (IT) industry which requires less space and is also non polluting, through the Software Technology Parks of India (STPI). About 10,000 sq ft area has been earmarked on the campus of Punjab Engineering College towards this end.
The Growth rate of GSDP of Chandigarh has nearly doubled over the five year period 2000-2005 from 5.6% in 2000-01 to 11.2% in the 2004-05. During the year 2004-05 tertiary sector contributed nearly 72% of the GSDP of the Union Territory followed by Secondary sector at 27.3% and primary sector at 0.8%. The majority of the population are employees of any one of the three government based in the city. Trade, Hotels & restaurants was the chief contributor to the GSDP at 23% of GDP followed by banking & insurance at 14.8%, manufacturing industry at 13.9%, construction industry 12.4%, Real Estate at 11.11% and Un registered manufacturing at 10.4% to the GDP. Public administration and other services jointly contributed another 15.1% to the Chandigarh's GSDP.
There were 1,943 SSI units in the year 2004-05 and 664 Khadi and village industries with 16,319 employees. There are 15 Large and Medium Scale industries along with two Public Sector Enterprises (PSEs) and five functional Export Oriented Units (EOUs).
Some of the important industrial products are hosiery and knitting machine needles, wool tops, engineering items, electric meters, auto parts, tyres and tubes, crockery, bicycle and cycle parts, house fitting items, electronic items, cables, toiletries, wires, defence items, antibiotics, biomedical equipments, food and beverage, and hardware.
• Manufacturing and Engineering
• Tourism and Hospitality
• Banking Industry
• Information Technology and ITeS
• Bio Technology
Lessons leant from the many past family disputes, is leading to many family businesses structure their personal and business assets in a manner which helps in better succession planning minimizing future disputes whilst creating enough opportunities to grow, raise money and create value. Questions are many, should the businesses be held through a trust, company, partnership firm, LLPS. Where should these entities be registered, where should the group IPs and brands be housed- in operating companies or separate companies, what should be the ideal structure - should we have holding companies, trading companies or IPR companies, should these companies be bucketed together or separately and many more strategic issues. Further, the recently introduced LLP provisions and the recent amendment to the FDI norms permitting foreign investment in LLPS provides a opportunity worth exploring for doing businesses through LLPS ring fencing liability whilst better planning taxes. Without doubt, setting up a completely new set up for family businesses or LLPS is relatively easy, transitioning an existing structure into a desired structure/ LLPs has a plethora of tax, commercial and regulatory consideration. This session will explore the possible structuring opportunities and the key challenges to be addressed in this exciting area.
76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.
We, at CII, Northern Region Headquarters at Chandigarh, strive to uphold the values of corporate CII, and strive to serve all our stakeholders and become the preferred Industry Association in Northern India.
Chandigarh also known as 'City beautiful' is a Union Territory and capital of two states Punjab & Haryana. Administratively it falls under Central Government. The Governor of Punjab is the administrator. The word Chandigarh literally means Chandi Garh or Fort of Goddess Chandi – a name derived from a temple situated nearby in Panchakula. Chandigarh has 2 satellite cities – Panchkula and Mohali. The three cities collectively referred as Chandigarh tri-city.
There are 64805 Establishments in Chandigarh engaged in different economic activities other then crop production and plantations with 250572 persons working in them. The development of RGCTP has been anchored by Infosys, which has completed its state of the art campus due to which huge employment is expected, which will generate the rapid growth for Chandigarh economy.
The Growth rate of GSDP of Chandigarh over the five year period 2003-2008 has risen from 14.97% in 2003-04 to 17.5% in the 2007-08. During the year 2004-05 tertiary sector contributed nearly 77.14% of the GSDP of the Union Territory followed by Secondary sector at 22.39% and primary sector at 0.47%. The majority of the population are employees of any one of the three government based in the city. Trade, Hotels & restaurants was the chief contributor to the GSDP at 29.85 % of GDP followed by Real estate, ownership of dwelling & business services at 21.39%, construction industry 13.26%, Banking & finance at 10.6 % and Un registered manufacturing at 6.21 % to the GSDP. Public administration and other services jointly contributed another 12.28 % to the Chandigarh's GSDP.
Overview of IT, ITeS, Biotech and SEZ Policies of Chandigarh Administration.
The city with emphasis on development of pollution free industry to generate opportunities for growth of employment is ideally suited for educational institutes and especially so for Information Technology Training institutes with the administrations thrust on HRD. The other industries with the potential on the same lines are IT/ITES, BPO, Bio Technology & Electronics industry.
“WE AT CII, STRIVE TO PERFORM OUR ACTIVITIES IN AN ECO-FRIENDLY AND SAFE MANNER AND CONTINUALLY ENDEAVOUR TO IMPROVE BY:-
- MONITORING AND WHERE REQUIRED CONTROLLING OUR ACTIVITIES TO PREVENT POLLUTION AND ACCIDENTS AND CONSERVE RESOURCES.
- COMPLY WITH ENVIRONMENT RELATED REGULATIONS AND LEGISLATIONS BY REDUCING THE IMPACT OF OUR ACTIVITIES ON AIR, WATER & LAND.
- CREATING AWARENESS AMONGST OUR EMPLOYEES & INTERESTED PARTIES”
CII News Update
Calling upon private sector to come forward to compliment & supplement the efforts of Government to ensure quality affordability in healthcare, Dr A K Shiva Kumar, Member, National Advisory Committee, Government of India mentioned that India has such a huge population that one single agency cannot .....
The 4 day Made in Pakistan Show, organised by Confederation of Indian Industry (CII), opened at Himachal Bhawan, Sector 28, here in Chandigarh on Wednesday and Attracted good crowds, especially women. The Show was formally inaugurated by Mr Anil Kumar, Home Secretary, UT Chandigarh. .....
Confederation of Indian Industry (CII) Northern Region would organise a Mega Event ‘CII Tourism Fest’ to boost tourism and hospitality industry and showcase tourism potential in the eight Northern states and UT of Chandigarh.
“Attracting investments by leveraging sectoral competencies of the Northern Region, with special focus on positive governance, better infrastructure & skill development, are the keys to revive and accelerate economic growth to the desired 8 – 9% levels”, highlighted Mr Jayant Davar, newly elected C.....
Yi Chandigarh Tricity chapter organized a Flash Mob with the kids of the Yi ViVidha centre on 16th March 2013 at Sector 17 Plaza, Chandigarh
Mr Nitin K Peshawaria, Past Chairman, CII Chandigarh Council while addressing the CII Session on Opportunity of Doing Business in SAIF Zone here today said, “UAE is home to an Indian expatriate community of more than 1.75 million. Between 15 & 20 percent of the community is made up of professionall.....
“CII Northern Region has decided to observe the International Women’s Day on 8th March as the Nanhi Chhaan Day for Northern Region every year. The initiative aims at generating an understanding of the issues of an inverse gender ratio and depleting tree cover, as a part of the global arena of women.....
CII organised a session on ‘Union Budget 2013-14: Insights & Analysis’ at the Northern Region Headquarter at Chandigarh today. Addressing the session Mr S J Singh, Commissioner, Central Excise, Customs & Service Tax, Commissionerate, Chandigarh - I said that much ground has been covered with respe.....
Commenting on the budget provisions Mr Malvinder M Singh, Chairman CII Northern Region & Executive Chairman, Fortis Healthcare Ltd, said that that the budget was an inclusive growth oriented budget. One of the key concerns against which the budget was presented was the high fiscal deficit and globa.....
“North India and Manitoba, Canada are growing business partners because there is an immense business potential between the two regions informed” Hon. Greg Selinger, Premier of Manitoba, Canada while stressing on regional cooperation at a Session on Opportunities in Manitoba, Canada organized by Con.....
CII Awards & Recognitions
The workskills competition is conducted at the Regional level first, followed by the National Competitions, to encourage workers in the industry by recognising excellence in skill through organised competitions in select trades.
The QC Circle Competition, an annual feature since 1986, is the culmination of the State, Regional and National conventions that take place throughout the year as part of CII’s continuous efforts to strengthen the Quality movement in India.
SIX SIGMA has proven across the world and over the wide spectrum of Industries, the power of changing “Business of Quality” to “Quality of Business” by integrating business and quality strategies.
The CII Cotton Awards were instituted by CII. Vardhman & few other textile companies supported the silver salvars/mementos which were presented to the selected farmers for achieving high yield in cotton production alongwith some cash awards. The jury comprised of a few technical people from industry and PAU.
As globalization pervades all facets of our life, there is a vital need for the education sector to keep pace with the changes sweeping across the environment. In today's dynamic world and demanding pedagogies; to say that teaching is one of the most important jobs would not be wrong. Teachers not only spread knowledge but also contribute to the society at large as they are the reason behind most of the people, who lead their countries to new developments. With education, we can achieve all that we want and can make new things and resources and meet the growing needs but it is a teacher who is behind imparting the education to the people.