CII Full Form
What is the Full Form of CII?
The full form of CII is ”Confederation of Indian Industry”. It was founded in 1895, and its headquarters are in New Delhi. It is a non-government and non-profit organisation. It works to create and sustain a favourable environment for industrial development in India. CII focuses on Government policy issues, increasing efficiency, competition and business strategies. It provides a platform for networking on critical issues. CII have a total of 62 offices, including eight overseas offices. It also has an institutional partnership with 350 organisations in 133 countries.
History Of CII:
CII's journey began when all the members of five engineering firms joined hands to form EITA(Engineering and Iron Trade Association) in 1895.
In 1912, the name of EITA was changed to IEA (Indian Engineering Association). IEA exclude the traders from the membership as the name reflects creating a conflict of interest between traders.
In 1942, EAI(Engineering Association of India) was established as an affiliate of the Indian Chamber of Commerce. Because IEA was the only all-India association of the engineering industry which mainly focused on representing British firms and this led to not representing Indian firms sufficiently.
In 1974, to provide a wide range of services and to make a stronger association IEA and EAI were merged and now it is known by the name AIEI(Association of Indian Engineering Industry).
In 1986, to reflect the growth and its expansion AIEI's name was changed to CEI(Confederation of Engineering Industry).
In 1991, industrial licensing was abolished and economic reforms began to take shape. For the liberalisation of the Indian economy, the name CEI was changed to CII with effect from 1st January 1992.
Initiatives Of CII:
India@75: This initiative intended how India should be after 75 years of independence. It is structured around ten themes: Agriculture, Education and Skill Development, Health, Infrastructure, Environment, Arts, Sports and Literature, etc.
Young Indians: This initiative engages youth leaders in the nation’s development. Through projects like MASOOM, Gift an Organ and Road Safety, CII connected with youth. It also participated in health emergencies during Covid-19.
Indian Women Network: This initiative is to create a women’s workforce. It also initiated Equal Opportunity Pledge for companies to provide equal opportunities to women.
National Foundation for Corporate Governance: This initiative is to provide transparent and accountable corporate governance practices.
Objectives Of CII:
To increase the economic growth of India.
To provide up-to-date details to the Government and industry.
To make small businesses more effective.
To support the industry to enhance efficiency, consumers and the environment.
Frequently Asked Questions (FAQs)
Mr Sanjiv Bajaj is the current Chairman of the CII.
CII has eight offices in Australia, Egypt, Germany, Indonesia, Singapore, UAE, UK and the USA.
CII was known as CEI(Confederation of Engineering Industry) before the abolishment of industrial regulation in 1991.
The theme of CII for 2022-23 is “Beyond India@75: Competitiveness, Growth, Sustainability, Internationalisation.”
There are 10 out of 62 offices of CII are Centre of excellence.