What is the full form of CII?

The full form of CII is Confederation of Indian Industry. The CII is a non-profit, non-governmental organisation founded by advisory and consultative developers to build an environment in India that is favourable for the development of business and civic society. It was established in 1895 and now boasts more than 8,000 members from both the public and private sectors.

Government policy concerns are the main focus of CII. CII served as an instrument for the advancement of India’s financial policy reforms. CII made a key contribution to tearing down the formidable barriers separating the Indian economy from the rest of the world during the economic liberalisation of 1991.

History of CII

• The EITA was founded in 1895 by representatives from five engineering businesses and the Bengal Chamber of Commerce and Industry (Engineering and Iron Trades Association).
• EITA was renamed IEA in 1912 to better reflect the organization’s mission to support producers and exclude dealers from representation.
• To aid Indian-owned engineering firms, the Indian Chamber of Commerce established the Engineering Association of India (EAI) in 1942.
• The AIEI was founded in 1974 when IEA and EAI were united (Association of Indian Engineering Industry).
• The AIEI was renamed the CEI (Confederation of Engineering Industry) in 1986 to reflect the growth of the group.
• Industrial regulation was abolished in 1991. The CEI was called CII (Confederation of Indian Industry) on 1 January 1992, in line with the Government’s plan to liberalize Indian economic growth.

Objectives of CII

To achieve its main goal of growing the Indian industry, CII engages in a variety of activities, some of which are given below:

• To acknowledge and promote industry’s contribution to India’s economic development
• Increasing business engagement with society
• to provide the government and industry with current information.
• assisting businesses in their efforts to advance productivity, the environment, and customers.
• supporting the globalisation and integration of Indian industry into the world economy.
• Making it more effective is necessary when dealing with small businesses.