A report regarding the FDI policy for retail and it’s effects on the Micro, Small and Medium Enterprises (MSMEs) in the country, titled ‘FDI in multi-brand retail on MSMEs’, has been tabled in the Indian Parliament, ...
Tags: FDI policy, Apparel
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
India’s textile and apparel exports for the quarter of April to June in fiscal year 2013-14 totaled US$ 7.79 billion which is almost the same as the exports made during the first three months of last fiscal year. The textile and ...
Indian outdoor adventure apparel maker Woodland aims to take its turnover to Rs. 10 billion in the current fiscal year. The apparel company plans to expand its retail presence in the country and add more products to its portfolio. ...
Rasna, a soft drink concentrate brand owned by India-based Pioma Industries, has announced plans to invest INR600m ($10.18m) to set up its own juice bottling plant. Rasna Beverages Division CEO and president Arshad Siddiqui said the new ...
Tags: Soft Drink, Rasna
In yet another attempt to lure foreign investors to invest in Indian retail sector through the foreign direct investment (FDI) route, the Indian Government is yet again planning to relax local sourcing and investment norms and has ...
Tags: Cabinet Note, FDI Norms
Raymond, an Indian firm that specializes in suiting and shirting, has opened its store in Karachi, the financial hub of neighbouring Pakistan. The opening of Raymond outlet in Pakistan may pave way for more Indian brands to open their ...
Brooks Instrument LLC of Hatfield, PA, USA, a provider of flow, pressure, vacuum, level and vapor delivery solutions, says it has expanded its commitment to the semiconductor industry with the introduction of four products and a new ...
Tags: Brooks, Electronics
The total turnover of the e-tailing business, including apparel and accessories online retailing, in India is likely to reach US$ 76 billion by 2021, says a study made by Technopak. E-tailing—the business of retailing goods online ...
Tags: E-Tailing Sales, Apparel
Banking on its network expansion and introduction of new product categories, premium apparel brand, Van Heusen, is eyeing an 18-20 percent rise in its earnings during ongoing financial year 2013-14. To achieve the target, the brand owned ...
Tags: Van Heusen Banks, Apparel
Marking its entry in premium men’s fabric segment, Lombard India, a Future Group company, unveiled its plan to invest around Rs. 1 billion over the next one year for expansion, Economic Times reported. Speaking to PTI, Lombard ...
India’s leading apparel retailer Pantaloons Fashion and Retail Ltd. is planning to invest up to Rs 1.75 billion in the next 12 months time for store expansion in small towns of the country. The company that has recently undergone a ...
Tags: Pantaloons, Store Expansion
Indian steelmaker JSW Steel is considering acquiring coal mines in Africa, the US and Canada, according to India-based news agency Press Trust India (PTI). A JSW Steel official stated that the company needs to own mines to reduce costs, ...
Tags: Metallurgy, Mineral, Energy, Coal Mines
The Post-Tensioning Institute (PTI), a nationally recognized standards development and credentialing organization, was recently accredited by the American National Standards Institute (ANSI) as a national certifying body for its ...
Tags: Construction
India-based steelmaker Tata Steel is planning to begin production from one of its iron ore projects in Canada by the end of the current year, according to India's news agency Press Trust of India (PTI). This is expected to improve raw ...
Tags: Tata Steel, Iron Ore