CMA India stands for the Institute of Cost Accountants of India, a professional body established in 1944. It focuses on promoting the practice of cost and management accounting in India. The institute offers various programs and certifications to equip professionals with the skills needed for effective financial management and decision-making. CMA India plays a crucial role in setting standards for the profession and ensuring ethical practices among its members. It also provides resources, training, and support to help individuals and organizations improve their financial performance and operational efficiency.