The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
Intertek, a leading provider of quality and safety services to industries around the world, has opened a comprehensive leather and footwear testing facility in Chennai, India, to support the country’s leather, footwear and leather ...
Tags: leather testing facility, footwear
Trade with countries along the Belt and Road, a China-proposed initiative to enhance international connections, amounted to $236 billion in the first quarter of 2015. This translates to 26 percent of China's total exports and imports ...
Tags: Belt and Road, China's Trade
Gold demand is expected to rise in China and other Asian countries along the "Belt and Road" routes in the coming few years, the China Gold Association said on Tuesday. In a report on the likely impact on the gold market, officials ...
Tags: Gold Demand, Trade Initiatives, Gold
IRL has announced the launch of a new edition of its single country report A Profile of the Indian Paint Industry. In this study, IRL examines India’s paints and coatings market independently and not as part of a regional study on the ...
Lenovo Group, the world's largest personal computer maker, is targeting 40 percent of the PC market in China and revenue of $10 billion in the 2015 fiscal year, said Yang Yuanqing, the company's chairman and CEO. Yang said at the Lenovo ...
India's ITC is set to establish four food parks with an investment of more than INR200 crore (approximately $31.62 m) each in the state of Tamil Nadu, India. Business Standard quoted Tamil Nadu additional chief secretary (Industries) C ...
Tags: food parks, Tamil Nadu, Mega Food Parks
Grasim Industries, India’s pioneer in viscose staple fibre, will temporarily suspend production at its Nagda (Madhya Pradesh) plant. The company has informed the BSE that it has started reducing production of staple fibre at its ...
Tags: Grasim, Staple Fibre Production
UK eCommerce business leaders are turning their attention to high-growth consumer markets in the US, China and India, according to a new report commissioned by business process outsourcing provider (BPO) arvato and World Business Research ...
Schott announced that it will continue to invest in its pharmaceutical packaging plant in Itupeva, Brazil on the occasion of its 80th manufacturing anniversary in the country. The company said that it will supply locally-produced ...
Amira Nature Foods has expanded its distribution network with the establishment of new distribution centres in 15 major cities across India. This will allow the company to cater to the growing demand of its packaged Indian specialty rice ...
Tags: Amira Nature Foods, specialty rice
The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
Packaging films producer Thai Film Industries (TFI) is considering setting up a packing film factory in Bangladesh worth $40m. Based in Thailand, TFI specialises in producing BOPP, CPP films, polyethylene terephthalate and metalised ...
Hit by sluggish Chinese demand, India’s cotton export is expected to fall 29 per cent to 7 million bales in the current crop year that ends in September. India has so far exported only 4.5 million bales of cotton this year, media ...
Tags: Chinese demand, cotton export
As part of the Texprocess Forum programme, the International Apparel Federation (IAF) is organising a panel discussion titled ‘Making technology work in fashion’ in Hall 5.0 C06 on May 5, 2015. The panelists of this session ...
Tags: Panel Discussion, Texprocess Forum