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NITI Aayog And CII Come Together To Contribute Towards SDG’s

NITI Aayog CEO Amitabh Kant said that given India's population, the only way to grow and develop sustainably was to use technology to leapfrog.

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NITI Aayog, CII partnered on sustainable development goals. Flickr
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The NITI Aayog on Wednesday entered into a three-year partnership with the Confederation of Indian Industry (CII) to develop vision and action agenda for the industry to contribute towards sustainable development goals (SDGs).

Minister of State for Power and New & Renewable Energy Raj Kumar Singh said that business and government must partner for sustainable development of India.

He said that energy, water and a green industry mattered the most to achieve SDGs and expressed confidence that India will achieve its clean energy goals even earlier than 2022.

During the event, CII launched a report "Indian Solutions for the World to Achieve SDGs"
During the event, CII launched a report “Indian Solutions for the World to Achieve SDGs”.

NITI Aayog CEO Amitabh Kant said that given India’s population, the only way to grow and develop sustainably was to use technology to leapfrog.

He said it was crucial to use renewable energy, push for innovation and research and development to find local solutions for seven million-strong population around the world.

Also Read: NITI Aayog to Partner with Leading Technology Company

During the event, CII launched a report “Indian Solutions for the World to Achieve SDGs”, which deep-dives into each of the sustainable development goals, targets and business implications, a statement said. (IANS)

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Indian Companies Invested Over $4 Billion in South Africa, says CII

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.

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PwC Chief Executive (Southern Africa) Dion Shango said:
Companies, representational image, Pixabay

Indian companies have invested over $4 billion in South Africa and created 18,000 direct jobs in the continent’s biggest economy, the Confederation of Indian Industry (CII) said on Sunday

According to a new CII report “Indian Industry’s Inclusive Footprint in South Africa – Doing business, doing good”, prepared jointly with British advisory multinational Pricewaterhouse Coopers (PwC), there are 140 Indian companies operating in South Africa whose contributions go beyond foreign direct investment (FDI) in the country, and include key CSR and skill development initiatives.

“Indian companies operating in South Africa are not just investing funds and creating jobs, but are actively contributing to the upliftment of the communities in which they operate,” a CII release said here.

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.
Indian companies invest in South Africa, pixabay

“In the healthcare sector, the entry of Indian pharma companies Ranbaxy and Cipla brought in drastic reduction in the cost of anti-retroviral drugs in South Africa, saving thousands of lives. Indian companies are taking steps to transfer skills to South Africans, particularly in the IT sector,” it said.

Also Read: Over 10 Lakh Bankers to go on Strike, Wants IBA to Improve Offer

In a statement, CII Director General Chandrajit Banerjee said: “The report highlights the journey of the historic and economic relationship between India and South Africa, looking at the key sectors where Indian companies are thriving.”

PwC Chief Executive (Southern Africa) Dion Shango said: “Indian companies are demonstrating their commitment to sustainable development in South Africa across education and healthcare schemes to job creation, agricultural projects and empowering women.”

A focus on ethical business practice comes through in the report, as this is of critical importance for Indian companies operating in South Africa, the statement added. (IANS)