The particular plant at the Horana industrial estate south of Colombo Sri Lanka was built with an investment expenditure of 300 million rupees to produce high-quality yarn using plastic waste as raw material. "The yarn produced will be ...
Tags: Beira Group, Sri Lanka, Textile
An international LED project was begun in a softball field of Langley Township due to the brand new technology and an international partnership between Korea's Yuyang Dnu Co. Ltd. and the Langley Township. On the evening of June 19, an ...
Tags: Korea, LED lighting, Yuyang Dnu, KOTRA
Several global players in the fashion and apparel retail sector, including Tesco, IKEA, Walmart and Hennes & Mauritz group (H&M), are planning to expand their business to India through the foreign direct investment route. Recently, ...
Tags: apparel retailers, Apparel
The Indian Government is likely to stick to its 30 percent local sourcing clause set for global single-brand retailers seeking to set shops in India through the foreign direct investment (FDI) route, according to an Economic Times report. ...
Tags: IKEA, Textile, Textile Industry
The Swedish multinational apparel-retailer Hennes & Mauritz (H&M) has submitted its application to Foreign Investment Promotion Board (FIPB) for opening 50 wholly-owned-single-brand-retail stores across India. H&M is planning to make an ...
Tags: Apparel Retailer, H&M, Apparel
Geared up to set up a garment industry in Adamjee Export Processing Zone (EPZ) in Bangladesh, Indo-Bangladeshi joint venture firm Remi Holdings Ltd. has entered into a deal with Bangladesh Export Processing Zones Authority (BEPZA). ...
Tesco and Sainsbury, two of the popular British supermarket chains, have applied with the Indian Government to open sourcing centres in the country, Union Commerce and Textiles Minister Anand Sharma said on the sidelines of a discussion ...
Tags: retail chains, retail, Apparel
The fanfare entrance into the market of smartphones is hardly breaking news, but eyebrow-raising figures show how Germany is next up for the app-fed mobile data revolution. After a 7.8 percent fall in mobile phone sales overall in 2011, ...
Hennes & Mauritz (H&M), the world’s second-largest apparel retailer, has begun process of filing its application with the Government of India seeking permission to open wholly-owned single-brand retail stores in India. H&M CEO ...
Tags: Apparel Retailer, H&M, India Entry
Since its launch in April 2008, the USAID-Tijara Provincial Economic Growth Program has used an integrated approach to economic development that combines financial incentives with educational opportunities to spur private sector development ...
Tags: economic development, financial incentives, business development
Four global garment and home-textile brands are awaiting the approval from the Foreign Investment Promotion Board (FIPB) for setting up single-brand retail stores in India under its foreign direct investment (FDI) policy. The FIPB may ...
The Chairman of the National Investment Commission (NIC), Dr. Sami al-Araji, has signed a strategic memorandum of cooperation with the chairman of the Korea Trade-Investment Promotion Agency (KOTRA), O Young Hu [Young Ho Oh], to increase ...
Tags: Iraq, S.Korea, Memorandum of Cooperation
Business Line reported that Mahindra and Mahindra has decided to seek clarification from the Government on why the Foreign Investment Promotion Board had rejected its proposal to enter into a JV with Rafael Advanced Defense Systems of ...
Tags: Mahindra and Mahindra, Government, Foreign Investment Promotion Board, JV
Economic Times reported that the government has rejected a proposal by autos to software conglomerate Mahindra&Mahindra Ltd to set up a JV with Israel's Rafael Advanced Defense Systems Ltd. According to media reports,the companies were to ...
Tags: M and M Proposal for Inr 100 Crore Defense Jv with Rafa
Belarus and Azerbaijan have agreed to intensify cooperation in investment. To this end, on December 19th 2012 in Minsk, cooperation memorandums were signed at the Belarusian-Azerbaijani business forum. The memorandums with the Azerbaijan ...
Tags: Mineral, Metallurgy, Energy