India's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures. The new CII president, R Mukundan, advocates for a GST Council-like body to drive crucial reforms across sectors like agriculture and land. He also emphasized strategic technology infusion from China, particularly in battery storage, and expanding production-linked incentives for local manufacturing.

CII President R. Mukundan emphasizes the need for India to prioritize speed in business reforms alongside ease and cost.

CII President R Mukundan emphasizes the need for stronger reforms to enhance India's investment appeal and competitiveness in global trade.