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Foundation of Indian Industry and Economists (FIIE) is an apex Professional Institution. Since its incorporation it is providing a platform to the industry for addressing critical economic issues before the Government, which enable them to be globally competitive. FIIE interacts closely with different level of Government to put forward industry's viewpoint. FIIE interacts with Policy Makers, across political parties to raise awareness about the need for reforms, the need for challenge to keep up with an extremely competitive global economy. This has helped to keep up the flow of the economic legislation passing through Parliament. In order to achieve our objective of influencing Government Policy, we undertake extensive research, interact with key Government officials and disseminate information through Publications, Events & Seminars. 

FIIE takes a keen interest in policy development that affects the financial sector. Liberalization of the financial sector is a key element of any economic reform programme. Progress in regulatory reform of the financial sector in India has indeed being remarkable. The key milestones include dismantling the Administered Lending & Deposit rates, the development of liquid debt market in Government Securities, allowing Foreign Institutional Investors to invest in India equity & debt markets and introduction of Prudential & Capital Adequacy Norms that are internationally acceptable. Bringing about greater transparency, good corporate governance, forward looking Banking and Financial Service Industry is the key aim of FIIE. FIIE is also persuading in the legal reforms for the amendments to banking regulation act, negotiable instruments act, securitization and financial reconstruction act. The Indian financial sector is dominated by nationalized banks, institutions, some of which are out performing in terms of profitability and quality due to the speedy reform process. 

FIIE is very constantly interacting with the concern departments for stable growth of the infrastructure sector, which is a critical pre-requisite for a sustainable growth and development of the economy. Major improvements are taking place in Power, Telecom, Highways, Oil & Gas and Urban Development. To achieve greater efficiency and accountability in the Infrastructure Sector, the Government has introduced structural reforms to encourage private participation in Infrastructure Sector. 

India has rapidly grown in the I.T. software services and I.T.E.S. / B.P.O. domains and credit for this goes to the availability of abundant Intellectual Capital in addition to the robust infrastructure (telecom, power & roads) in the country. The government has taken steps to ensure that the development of telecom, power & roads remains a priority area. The overall infrastructure sector has witnessed major improvements. International Long Distance, National Long Distance and Basic Telephony Services have been opened up for the competition. ISP's have been granted license freely and being allowed to setup their own international gateways and submarine cable landing station. Major investments have gone into the development of infrastructure from private sector, foreign financial institution and the government. The ongoing economic reforms like passage of Electricity Bill, Securitization Bill, SEBI Bill etc. thus, attach a high priority to the better utilization of existing infrastructure assets and make India a Vibrant Country. This has been welcomed by the FIIE and Indian industry.

FIIE has a broad ways membership of elite personalities form bureaucracy, corporate world, economist, technocrats, policy planners, implementers and politicians. FIIE act as an intermediary between Industry, Government and the Corporate Elite.

The management of the organization is carried out by the Governing Council, which has on its panel the Pioneer Industrialists, Eminent Parliamentarians, and Technocrats & Leading Economists of high repute. FIIE has been serving the core sectors of Economy like Finance, Infrastructure Particularly Power, Oil & Gas, Highways etc. and providing consultancy to the organizations to attain their objectives successfully.

FIIE catalyses change by working closely with government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialized services and global linkages. It also provides a platform for sectoral consensus building and networking. Major emphasis is laid on projecting a positive image of business, assisting industry to identify and execute corporate citizenship programmes. Partnerships with over many NGOs across the country carry forward our initiatives in integrated and inclusive development, which include health, education, livelihood, diversity management, skill development and water, to name a few. To co-ordinate with functions and managers so as to extend effective service to them in solving/cracking issues involving clearance from Central/State either directly or in tandem with concerned formation.

Economies around the world are aligning themselves to the requirements of rapid globalisation. In a global village, where market accessibility is no longer a hurdle, the tough part is capturing market shares and retaining them. Only those, who have adopted global quality standards leveraging their intellectual capital have managed this feat. Guided by this fact, FIIE has embarked on smarter initiatives that enhance competitiveness of Indian industry by underlining the need for rapid up gradation on parameters like quality, corporate governance, knowledge management, energy efficiency and environment management. All this, not only to increase productivity and profitability but also to enhance the quality of life of the community. Different divisions and councils of FIIE develop and undertake new services for the business community and beyond.

Specialised Services Division aims to provide solutions to organisations not just for their competitiveness needs, but also to help them become more self reliant by helping them develop flexible strategies that cater to changing needs. Corporate Services Group assists companies maximise corporate and shareholder value through a range of activities covering : Consulting, Research Projects, Knowledge Based Events and Research Papers.

Our primary goal is to develop Indian industry and to ensure that government and society as a whole, understand both the needs of industry and its contribution to the nation's well being.

For this, we work

  • To identify and strengthen industry's role in the economic development of the country
  • To act as a catalyst in bringing about the growth and development of Indian Industry
  • To reinforce industry's commitment to society
  • To provide up-to-date information and data to industry and government
  • To create awareness and support industry's efforts on quality, environment, energy management, and consumer protection
  • To identify and address the special needs of the small sector to make it more competitive
  • To promote cooperation with counterpart organisations
  • To work towards the globalisation of Indian industry and integration into the world economy

This is done by adopting a proactive and partnership approach with the government on various national and international issues concerning the Indian economy. It closely interacts on policy issues at both the central and state levels. Extensive dialogue and interaction with members and all sections of the community to build consensus are held.

You will access a world of opportunities, from networking with the corporate majors of Indian and global industry to assisting in framing economic and industrial policies, through close linkage with the government. FIIEs proactive approach focuses on helping you to increase efficiency and competitiveness.

  • Learning
    • Global trends that affect your business
    • Industry best practices on competitiveness
    • Improve internal efficiency and productivity
    • Get an insight into Government policies and their impact on businesse
  • Networking
    • Networking opportunities with Indian and Global Corporate Majors
    • Platform to enhance your business and develop newer markets
  • Sharing
    • Share your best practices with other members
    • Help enhance competitiveness of Indian Industry
  • Caring
    • Opportunity to give back to society
    • Get involved with important initiatives in the areas of Child Education, Women Empowerment, Fight against HIV/AIDS, Disaster management etc.

A country's economic policy environment must be conducive for firms to achieve efficiencies that will enable them to be globally competitive. It is also widely accepted that taxation policy can have strong incentive effects on corporate decisions. FIIE interacts closely with different levels of government to put forward industry's viewpoint. FIIE's large membership enables us to be the most impartial and representative industry body, with a high level of credibility with the government and key regulatory bodies.

In order to achieve our objective of influencing government policy, we undertake extensive research, interact with key government officials and disseminate information through publications, seminars and events. With a large network of offices across the country, we are able to track policy issues in detail at the regional level.

FIIE also interacts closely with the Members of Parliament - the policy makers - across political parties to raise awareness about the need for reforms, the need for change to keep up with in an extremely competitive global economy. This has helped to keep up the flow of economic legislation passing through Parliament.

 

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