E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report. The ‘Digital Commerce Report 2014’ released by the Internet and Mobile ...
SAGE SatCom of San Diego, CA, USA (part of telecoms solutions provider REMEC Broadband Wireless), which provides compact Ka-band block up-converter (BUC) and transceiver solutions, is now shipping its high-power 20 watt linear Ka-band BUC ...
Tags: GaN, M&C, Electronics
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
Arvind Lifestyle, which acquired the Indian franchise rights of UK retail chain Debenhams in 2012, is planning to shutdown the Debenhams stores in India and work on a new strategy. Arvind Lifestyle, a subsidiary of denim major Arvind ...
Tags: Arvind Lifestyle, denim
Mumbai-based private equity firm Kedaara Capital has forayed into the packaging sector by investing close to $32m (Rs 200 crore) in an unlisted folding cartons and paper packaging company, Parksons Packaging. The company said that it ...
Tags: folding cartons, paper packaging, Packaging
Madura Lifestyle managed premium apparel brand Allen Solly, which has been growing at a CAGR of 34 per cent since the last three years, is eyeing sales of Rs 1,000 crore for the 2015-16 fiscal. According to media reports, Allen Solly ...
Tags: Apparel, Allen Solly
Germany-based packaging company K2 Verpackungen has installed its second Bobst Flexo folder gluer, Miniline FFG 618 Quatro, which has helped the company increase its production capacity for small-size corrugated board folding boxes. ...
Tags: Verpackungen, Flexo Folder Gluer
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
Apparel is the largest product category in India, with a share of 22 per cent in the occupied modern retail space of the top seven cities, according to property consultant Knight Frank. The seven cities are Bengaluru, Chennai, ...
Tags: Apparel, Retail Space
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
Ford today revealed the all-new Focus RS, a high-performance road car that debuts Ford Performance All-Wheel Drive with Dynamic Torque Vectoring Control, which contributes to performance never before seen in a Focus RS. The all-new Focus RS ...