India’s carpet exports grew by 2 percent year-on-year and reached US$ 85.65 million in August 2013, owing to increasing demand from emerging markets like China, Latin America and Africa, according to data provided by the Carpet Export ...
The exports of carpets from India rose by 14.3 percent year-on-year in July 2013, due to growing demand from the US, China and Latin American markets. During the month, India exports US$ 90 million worth of carpets, compared to exports of ...
Indian Government’s expert panel to formulate the textiles policy would be submitting its report by the month of October, 2013. Minister of State for Textiles, Panabaaka Lakshmi, in a written reply to Lok Sabha (Lower House of ...
Tags: Textile Policy, textiles sector
In yet another attempt to lure foreign investors to invest in Indian retail sector through the foreign direct investment (FDI) route, the Indian Government is yet again planning to relax local sourcing and investment norms and has ...
Tags: Cabinet Note, FDI Norms
Garment makers in western Indian state of Gujarat are eyeing a larger share in India’s exports volume and are in talks with the Apparel Export Promotion Council (AEPC) to find ways to enhance the volume of exports. At ...
Tags: Apparel, Garment makers
India’s Minister of Commerce and Industry Anand Sharma will be meeting heads of global retail chains on June 27 to address their concerns related to the Government’s foreign direct investment (FDI) Policy in multi-brand retail ...
Tags: Global Retail Chains, Apparel
Raymond, an Indian firm that specializes in suiting and shirting, has opened its store in Karachi, the financial hub of neighbouring Pakistan. The opening of Raymond outlet in Pakistan may pave way for more Indian brands to open their ...
India is considering to lower customs duties on wines and spirits bought from the European Union to 40% from the current 150% under a bilateral free trade agreement being negotiated between the two. The offer by Commerce and Industry ...
Tags: Customs Duties, Wines
Indian Ministry of Textiles has asked the independent cotton processing units of the country to submit their records for compilation of the ‘Cotton Balance Sheet. In a statement released by the Ministry, all independent surgical ...
Nahar Group, a leading Indian textile firm, has announced that it would invest Rs. 15 billion for expansion of its Punjab-based spinning and denim capacities. The announcement came just a day after the Punjab government unveiled its ...
Standard Glass Lining Technology Private Limited, a Hyderabad-based manufacturer of glass lined reactors, receivers, storage tanks and conical dryers for the pharmaceutical, fertiliser and chemical industries, is aiming at having an order ...
Tags: Standard Glass, Hyderabad Facility
The Senate immigration bill's H-1B restrictions have clearly upset Indian IT services providers. But sometimes being in a tough spot can prompt a company to find new ways of approaching problems, as Infosys is doing with a plan to use ...
Tags: Immigration Reform, Software Robotics, Computer Products
Global money transfer brand Xpress Money is offering free life insurance coverage for its Indian expatriate customers, who send money from the UAE, Kingdom of Saudi Arabia, Oman, Qatar, Kuwait and Bahrain. Xpress Money vice president and ...
Tags: Xpress Money, Free Insurance
Cement manufacturers in India are hopeful that the government will take the promised action to boost the country's industrial climate, according to a recent report. Cement demand was slightly subdued in the last financial year, forcing ...
Tags: Cement, Construction
Saholic.com, Spice Group's e-commerce company, is providing theft insurance along with its mobile handsets, in an effort to enhance sales worldwide. Insurance will be provided by New India Assurance for a duration of one year, as reported ...
Tags: Saholic, Spice Group, theft insurance