Is the PE backed, Indian apparel retail industry growth story falling apart or turning sour? Considering the increasing number of garment retailers who are suffering from growing debt pressures, more so those funded by Private Equity (PE) ...
Tags: PE backed, Indian apparel retail industry, apparel retailers
Business Standard reported that Japanese automobile majors Honda Motor Company and Toyota Motor Corporation are looking at shaping up their domestic operations as major parts exporters after the introduction of India specific models Brio ...
Tags: automobile majors, domestic operations, major parts exporters
After nearly a 2 year long lull, construction equipment makers are looking forward to early signs of revival of domestic mining and road construction sector. The revival has come at a time when construction equipment market in the rest of ...
Tags: construction equipment, domestic mining, road construction sector
Mahindra & Mahindra (M&M) is planning to invest $33m to buy the Navistar International’s shares in order to completely acquire its subsidiaries in India. The agreement of purchase would allow both the companies to continue the ...
The Sri Lankan apparel industry,which has established itself as an original design manufacturer(ODM),is now trying to emerge as a leading original equipment manufacturer(OEM)supplier catering to global market,Minister of Industry and ...
Tags: OEM, ODM, Sri Lankan Apparel
After the grand success of first edition of InDIGO, Denim Club India is now gearing up to organize the second edition of InDIGO. The second edition will attempt to cover the denim value chain segments more comprehensively; and will be ...
Tags: InDIGO, Denim Club, second edition, denim trade event
Business Line reported that Mahindra and Mahindra Ltd is buying out Navistar Group's stake in two of its subsidiary JV companies for approximately INR 175 crore. Following the buyout,Chakan based Mahindra Navistar Automotives Ltd and ...
Tags: M&M, stake, Navistar Group
General Motors India has appointed Mr Rajesh Singh as the new VP Sales,Marketing and Aftersales,who will take office from January 1st. The company in a statement said that Mr Singh will be responsible for the complete vehicle ...
Tags: General Motors, Rajesh Singh, VP
With eves firmly focused on the Bangladesh market following the dramatic slump and exhaustion of the Indian market Chittagong has been something of a disappointment in recent weeks, with Buvers onlv really there for select units and even ...
Tags: GMS, Bangladesh, ship breaking industry
The overkill recently experienced in The VVC Indian market is still taking its toll until new sales few and tar between and most cash buyers refused on offloading their unsold inventories. The losses experienced during the recent ...
Tags: VVC Indian market, overkill, sales, inventories
In the midst of a gloomy GDP growth scenario, an ASSOCHAM business confidence survey has indicated that the slowdown is about to bottom out, but it may get a little worse before it gets better in the last quarter of the current financial ...
Tags: GDP, current financial year, business confidence survey
Rexam, one of the leading global beverage can makers together with its partner Hindustan Tin Works inaugurated its new aluminium line at its manufacturing plant in Taloja, Maharashtra. The new high speed production line represents a capital ...
Tags: aluminium recycling, aluminium sheets, aluminium products
PTI reported that China’s leading car and sports utility vehicle maker Great Wall Motor Co is planning to enter the Indian market, following the footsteps of compatriot commercial vehicles manufacturer Beiqi Foton Motor Co. Mr ...
Tags: car, utility vehicle, Great Wall Motor, Indian market
Visakhapatnam Steel Plant, an Indian market leader for bar and rod products in the steel market, is looking at entering the Sri Lankan steel market. RINL, which is backed by the Government of India, has a 35% market share in bar and rods ...
Tags: steel scrap buyers, sri lanka vs india, steel market prices
Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, today announced the signing of an exclusive distribution agreement with the iconic surf lifestyle brand Billabong in ...
Tags: Arvind Lifestyle, apparel, Billabong, exclusive distribution