A new textile park would be coming up in the central Indian state of Madhya Pradesh, Union Textile Minister K Sambasiva Rao has said. Speaking at the National Textile Summit 2013 held in Indore, the Minister said a textile park would be ...
The Indian government is expected to require that Indian bureaucrats use email service provided by the National Informatics Center for their official work, as it tries to secure its communications infrastructure. The requirement will be ...
Tags: Computer Products, Email
It's reported that Rashtriya Ispat Nigam Ltd(RINL),an Indian government-owned integrated steel producer has cooperated with the Russian steelmaker NLMK to build silicon steel facility. RINL has strong anxiety to build a cold rolled ...
Tags: Silicon Steel, Steel, Metallurgy, Mineral, Energy
Commercial production has commenced in 26 of the 61 integrated textile parks sanctioned by the Indian Government under the Scheme for Integrated Textiles Park (SITP) in the country. This information was given by Ms. Panabaaka Lakshmi, ...
Tags: Commercial production, Textiles
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
The Government of Nepal would soon launch programmes for the support of the garment sector, Finance Minister Shanker Prasad Koirala has said. Addressing the 22nd Annual General Meeting of Garment Association-Nepal (GAN), Mr. Koirala ...
Tags: Nepal Govt, Garment Sector
India's Mines Ministry is seeking to reduce the country's iron ore export tax from the current 30 percent amid the sharp decline in iron ore exports, according to media reports. The Indian government increased the iron ore export tax from ...
Tags: India Mulls, Iron Ore
The Government of India has raised the rate of interest subvention for credit obtained by exporters from the present 2 percent to 3 percent, in view of persistent demand to both increase the rate of subvention and also to widen the ...
Tags: Indian Govt, Subvention Rate
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
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
The textile and garment makers of India are eyeing 15-20 percent growth in exports this year as the Textiles Minister K Sambasiva Rao has assured full support to the industry and the Indian Government is planning to implement some new ...
Tags: Indian Textile, Garment Makers
India is evaluating plans to raise the import tax on refined edible oil, in order to discourage the rising shipments from Indonesia and Malaysia, which are affecting the local refiners. Currently, India imposes a 7.5% tax on edible oil ...
Tags: India, Import Tax, Oil
The proposal to impose new cess on cotton exporters by the Union Government to create fund for stabilizing the drastic price fluctuation of cotton in the country could lead to dip in exports. According to the representatives of the cotton ...
Tags: Cotton Exports, New Cess
The demand made by the European Union (EU) to reduce import duty levied on European wine by the Indian government is sending jitters through the domestic wine industry. The Indian Grape Processing Board (IGPB) fears a cut in the duty would ...
Tags: Wine Industry, Import Duty
Lloyd's Register issues guide to new construction in South Asia Wednesday, Jun 26, 2013 Lloyd's Register has issued the first Guide to New Construction in South Asia. The Guide provides an overview of the shipbuilding and ship design ...
Tags: Transportation, Service