CII Current Affairs

NITI Aayog and CII launch partnership on SDGs

The NITI Aayog and Confederation of Indian Industry (CII) have signed Memorandum of Understanding (MoU) on Sustainable Development Goals (SDGs) and entered into three-year partnership. The MoU was signed during Government and Business Partnership Conclave held in New Delhi. This partnership focuses on specific activities that seek to develop vision and action agenda for businesses and industries to contribute to SDGs, annual status reports and sector-specific best practise documents.

Government and Business Partnership Conclave

It was jointly organised by NITI Aayog, CII and United Nations. IT witnessed participation from senior officials from Ministry of Housing and Urban Affairs, Ministry of New and Renewable Energy, Ministry of Power and Ministry of Drinking Water and Sanitation.

On sidelines of this conclave, CII also launched report—Indian Solutions for the World to Achieve SDGs. The report deep-dives into each of SDGs, targets and business implications thereof. It also cites examples that illustrate how companies have incorporated SDGs framework into their business strategy and gone about achieving them.

Confederation of Indian Industry (CII)

CII is an association of Indian businesses which works to create environment conducive to growth of industry in India. The headquarters of CII is located at New Delhi.

Month: Categories: Business & Economy Current Affairs 2018

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First International Rail Coach Expo held in Chennai, Tamil Nadu

The first-ever International Rail Coach Expo (IRCE) was in Chennai, Tamil Nadu from 17th to 19th May 2018 to focus on Rail Coaches and train sets. Many reputed rail car and equipment builders showcased their technology and products in this expo.

Key Facts

The three day expo was hosted by Integral Coach Factory (ICF) Chennai, under the Ministry of Railways, in coordination with CII (Confederation of Indian Industries) and RITES Ltd. It provided unique platform to bring different suppliers under one roof and create synergy for “Make in India”. It saw participation of train enthusiasts, railway suppliers, designers, developers, and general public.

Integral Coach Factory (ICF)

ICF is manufacturer of rail coaches located in Chennai, Tamil Nadu. It was established in 1952. It is owned and operated by Indian Railways. It primarily manufactures rolling stock for Indian Railways and also exports railway coaches to other countries including Thailand, Myanmar, Taiwan, Zambia, Philippines, Tanzania, Uganda, Vietnam, Nigeria, Mozambique, Bangladesh, Angola and Sri Lanka. It employs about 11,095 people and manufactures about 2000 coaches per year.

Month: Categories: India Current Affairs 2018

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