Enhancing Competritiveness: Align Domestic Reforms With Shifting Global Order, Says CII

These measures, Said CII, Span Macroeconomic Stability, Factor Markets, Energy, Trade, and Sustainability, and are designed to deliver inclusive growth and position India as a global lead. , Photo Credit: Bluebay2014

New delhi

Rising geopolitical shifts along with the twin transitions of “green and digital” demand that India further Deepen reforms to Sustain High Growth and Global competitiveness, Global competitiveness, opined Industry Body Confederation of Indian Industry (CII).

Accordingly, the industry body, in its flagship policy blueprint “Policies for a competitive India”.

These measures, Said CII, Span Macroeconomic Stability, Factor Markets, Energy, Trade, and Sustainability, and are designed to deliver inclusive growth and position India as a global lead.

Notably, these recommended reforms come at a time when the Prime Minister has called for Bold, Second-Generation Reforms to Unlock India’s Full Potential.

The confederation said that competitiveness is the “Single most important national priority.”

In the reform roadmap, CII suggested several measures to accelerate sustainable growth, such as the creation of a sovereign wealth fund, as well as decriminalization of minor Violations, TIME-Bounds Approves, Single-wind clearances, and second-generation IBC reforms.

Besides, The Industry Body Called For Privatization of Non-Strategic Public Sector Enterprises and Strongeer Governance Frameworks.

It also properly proposed market reforms, including digitized land Titling, streamlined labore codes, a predictable minimum wage framework, and faster disprups resolution mechanisms.

On the policy front, CII recommended a forward-looking energy strategy with competitive tarifs, removal of cross-subsidies, robust transmission networks, private sector participation in nuclear Energy, and a green hydrogen roadmap.

It highlighted the importance of judicial efficiency through faster dispute settlement, expanded commercial courts, and strongeer Tribunal Oversight, Along with TATH TAX Reforms SUCH AS Simplified GST structure, its extension to petroleum and real estate, predictable personal taxation, and modernized customs processes.

Furthermore, The Industry Body Sugged a Progressive Trade Policy with Rationalized Tarifs, Greater Utilization of Ftas, Strong Investment Provisions, and a dedicated e-commeerce strategy strategy.

In manufacturing, CII asked the center to address the ‘Missing Middle’ Through Capital Support, Development of Industrial Corridors, and Improved Freight Connectivity, with Called Forial for MSMES, Whilel for MSMES, It Called For MSMES Compliance, ENHANCED Technology Collection, and A Second-Tier Patent System.

On Broader Priorities, The Roadmap Called for Sustainability Measures, Integration of Industry INTO CLIMATE Adaptation, Digitized Climate Data, and Sustainability-LINKED PROCUREND.

The Industry Body Pointed Out the Need for a Comprehensive Employment Framework Through National Policies for Jobs and The Gig Economy, Along with Targeted Job Creation In Lagging Distrts.

In terms of urban transformation, CII proposed strengthening planning institutions, bolstering municipal finances, ensuring affordable housing, and promoting sustainable City Systems.

According to the industry body, these reforms will drive growth, job creation, resilience, and sustainability, thereby positioning India to achieve its own “Vicsit BHARAT and Global Leadership.”

“CII Remains Fully Committed to Partnering with the Government in this Shared Endeavor of Building a Globally Competitive, Inclusive, and Driven India,” Said Cii PRESIDENT RAJIV MEMANII.

According to Chandrajit Bnerjee, Director General, CII, with Global Trade Fragmenting and New Sustainability Standards Emerging, Emerging, Competitiveness is “The Single Most Important Nural Priority.”

“If India aligns its domestic reforms with this shifting global order, it will not only integrate into value value chains but also shape them,” BANERJEE SAID.

“CII believes that competition is a shared national project. The government provides the enabling framework, while Industry Must Responded With Innovation, Innovation, Innovation, Innovation, Innovation, Job Creation. For this partnership to flourish in the amrit kaal. “

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Published on August 24, 2025