Vietnam is one of the countries negotiating the Trans-Pacific Partnership (TPP), and the agreement throws a challenge for Vietnam’s garment and textile sector which heavily depends on raw material imports for production of finished ...
Tags: Garment Sector, Apparel
Swaziland’s Foreign Direct Investment (FDI) grew from E5 billion to E6.8 billion from 2008 to 2013, which has led to new investments in various sectors including textiles and garments. The increase in FDI has also increased ...
Tags: FDI, Textile Sector
German automotive supplier Dr. Schneider Automotive Systems is planning to establish a new plant at Russell Springs, Kentucky in the US with investments of over $29m. The new plant is expected to meet the increasing customer demand and ...
Tags: automotive supplier
UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV
Global multi-brand retailers wishing to enter the Indian market through foreign direct investment (FDI) route must comply with the mandatory 30 percent sourcing clause, Mr. KH Muniyappa, Minister of Micro, Small and Medium Enterprises ...
Tags: Indian market, Apparel
Construction expenditures in China are expected to rise 8.5 percent per annum in real terms through 2017. Ongoing urbanization and industrialization, rising income levels, further population and household growth, and the government’s ...
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
There is huge potential for growth of retail franchising in India, due to expected rise in consumption fueled by population growth, according to a recent report. The report “Collaborating for Growth: Report on Franchising ...
Tags: retail franchising, Apparel
U.S. manufacturing technology orders totaled $430.06 million in May, according to AMT, The Association For Manufacturing Technology. This total was up 13.6% from April but down 7.6% when compared with the total of $465.38 million reported ...
India’s Health ministry is planning to organize an inter-ministerial meeting to inspect that the current foreign direct investment (FDI) limit in the pharma industry is not at the cost of the public health goals. The Department of ...
UK government has collaborated with the county's automotive industry to make GBP1m investments in an advanced propulsion centre (APC) over the next ten years. Both the government and automotive industry will invest GBP500m each in the APC ...
Tags: Vehicle Development, Auto Parts, UK
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
The Government should retain its stand on the clarifications issued with regards to foreign direct investment (FDI) in retail, and should not relax any of the conditions under any pressure whatsoever, Confederation of All India Traders ...
Tags: Apparel
The Government of India may further relax or simplify guidelines for foreign direct investment (FDI) in multi-brand retail trading (MBRT), Minister of Commerce and Industry and Textiles, Anand Sharma, has said. The Indian ...
Tags: India, Apparel&Accessories, MBRT
The Ministry of Commerce and Industry, Government of India, has issued a statement clarifying certain points related to 50 percent investment in back-end infrastructure under its foreign direct investment (FDI) policy on multi-brand retail ...
Tags: Apparel, Accessories