Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
Walmart India has appointed Pankaj More as Head Technology. In his new role, More will be the key person for strengthening the company’s technology and IT infrastructure, according to media reports. More has more than ...
Tags: Walmart India, IT infrastructure
Iran will unveil the ethylene plant in Assaluyeh by September, according to Marzieh Shahedaei, director of the National Petrochemical Industries Company (NPC), say media reports. Shahedaei said the second phase of the complex would ...
Tags: Ethylene, raw material
Vietnamese lingerie maker Anh Khoa Production and Trading Company will be importing materials from India. Anh Khoa has recently signed a memorandum of understanding for importing materials from members of the Indian Synthetic and ...
Tags: lingerie, importing materials
Chief minister of Maharashtra, Devendra Fadnavis said eight more new textile mills would come up in the Vidarbha region, which has seen a spate of suicides by cotton farmers in recent years. According to media reports, the chief ...
Tags: Textile Mills, Devendra Fadnavis, Textile
A Pakistan parliamentary panel has recommended the Trading Corporation of Pakistan (TCP) to buy seed cotton instead of lint to protect cotton farmers as it was unable to fix the minimum cotton price. This was done in line with the ...
The Apparel, Made ups and Home Furnishing Skill Sector Council (AMHSSC) will sign two MoUs with Canadian institutions during the visit of Prime Minister Narendra Modi to that country during the third leg of his ongoing three-nation tour, ...
Tags: fashion apparel, Apparel
The government has assured the textile industry that it will soon resolve the issue of pending claims under its technology upgradation scheme, according to media reports. The Textile Upgradation Fund Scheme (TUFS) is an interest ...
Tags: Textile Minister, TUFS Mess
Superprotective garb for withstanding both flood and fire is on the horizon now that Chinese chemists have come up with a self-healing, triple-dip coating that turns cotton flame resistant and waterproof , according to media reports. ...
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
India's biggest online retailer, Flipkart, which is on a hiring spree, has now roped in another top gun from Google. A senior engineering director at Google, Peeyush Ranjan, is to join the e-commerce giant in May in a key role, according to ...
At a recent two day handicrafts exhibition and buyer seller meet in Peru, the 20 member Indian delegation met up with more than 350 Peruvian entrepreneurs. “Alongside, 108 Peruvian companies also participated by showcasing ...
Indian government has decided to set up 800 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) clusters with an investment of Rs 850 crore by March 2017 to boost khadi and village industries, according to media reports. ...
Exporters from select labour intensive sectors will be able to access cheaper credit soon as the government prepares to reintroduce an interest subvention scheme in the next couple of months, according to media reports. “The ...
Tags: select labour intensive sectors, interest subvention scheme, Textile
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile