As India stabilizes after the deep ravages of the Covid-19 pandemic on the world economy, the imperative ahead for the country is to maintain a high pace of growth over the next few years. Indian Industry has shown its mettle in adapting and reconfiguring in a severe crisis situation to supply critical medical equipment and healthcare necessities and support the country. A competitive and sustainable industry must now assume a lead role in India's future development as well as play a key role in the emerging shape of the global economy.
Given this as an imperative, the Confederation of Indian Industry (CII) has defined its Theme for 2021-22 as 'Building India for a New World: Competitiveness, Growth, Sustainability, Technology.'
As India marches towards its 75th year of Independence in 2022, CII rededicates itself to meeting the aspirations of citizens under its mission of India@75TM for a morally, economically and technologically advanced country in partnership with the Government, Industry and all stakeholders. All parts of the economic ecosystem must work in partnership to ensure the fastest possible progress under these metrics and CII as a synergistic organization is a strong connect between the various parts.
While the challenge from the pandemic remains uncertain, with adequate safeguards in place and an accelerated vaccination drive, economic activity in the country will remain on a growth path.
In this backdrop, CII has identified 10 systemic force multipliers that Indian industry must accelerate which are consolidated under the pillars of competitiveness, growth, sustainability and technology. The multipliers build upon CII's work in the previous year, while also taking forward the agenda in new directions.
CII will maintain a high focus on developing the matrix for growth by strengthening these ten force multipliers during the year.