Following a sharp fall in 2009, EU27 international trade in goods with Russia has grown strongly since then to reach record levels in 2012. After falling from 105 billion euro in 2008 to 66 bn in 2009, EU27 exports to Russia have risen ...
In response to queries by prospective investors on Indian Government’s foreign direct investment (FDI) in multi-brand retailing, the Ministry of Commerce has issued clarification on the 30 percent souring from small and medium ...
Tags: FDI Policy, small industries
Amazon.com has set up a website with its brand in India, but will not be selling on the site. In line with Indian government rules, the new marketplace Amazon.in is only offering sales and order fulfillment services to Indian retailers. ...
The Government of India is soon likely to issue some clarifications on its foreign direct investment (FDI) policy, which will come into effect "prospectively", Commerce and Industry and Textiles Minister Anand Sharma told media after his ...
Several global players in the fashion and apparel retail sector, including Tesco, IKEA, Walmart and Hennes & Mauritz group (H&M), are planning to expand their business to India through the foreign direct investment route. Recently, ...
Tags: apparel retailers, Apparel
The Indian Government is likely to stick to its 30 percent local sourcing clause set for global single-brand retailers seeking to set shops in India through the foreign direct investment (FDI) route, according to an Economic Times report. ...
Tags: IKEA, Textile, Textile Industry
China saw the increment of funds outstanding for foreign exchange (FOFE) reach a new high of CNY 1.2 trillion in the first quarter of this year. According to data released by the People's Bank of China (PBOC), the central bank, on April ...
The Union Minister of Commerce, Industry & Textiles Shri Anand Sharma reviewed industry-related issues with the state governments of Tamil Nadu, Kerala, Andhra Pradesh and Karnataka, in Kovalam, Kerala. Senior officers from the Department ...
As India opened entry of foreign firms in multi-brand retailing in the country through foreign direct investment (FDI) route, last year, several retail majors like Tesco and Sainsbury have expressed interest in launching outlets in India, ...
Tags: Retail Majors, Apparel
As per the latest lobbying disclosure report filed by global retail giant Walmart with the US Senate and the House of Representatives, the company continued to lobby with the US lawmakers over Indian foreign direct investment (FDI) rules in ...
Tags: Walmart Lobbies, Apparel
The Swedish multinational apparel-retailer Hennes & Mauritz (H&M) has submitted its application to Foreign Investment Promotion Board (FIPB) for opening 50 wholly-owned-single-brand-retail stores across India. H&M is planning to make an ...
Tags: Apparel Retailer, H&M, Apparel
Specialties in Hubei Hubei Province is abundant in specialties, among which are Wuchang Fish, Jingshan Guobao Qiao Rice, Zigui Navel Oranges, Luotian Chestnuts, Honghu Lotus Root, Xianning Sweet Osmanthus, and Xiaogan Matang of unique ...
Tags: Hubei Province, survey, economy, investment
Tesco and Sainsbury, two of the popular British supermarket chains, have applied with the Indian Government to open sourcing centres in the country, Union Commerce and Textiles Minister Anand Sharma said on the sidelines of a discussion ...
Tags: retail chains, retail, Apparel
The foreign direct investment (FDI) policy of the Indian government could lead to a boom in textile and apparel sector as several global players, including Walmart and Hennes & Mauritz (H&M), plan to enter the country through FDI route. ...
Tags: textile sector, textile, apparel
The Commission is today able to report about some success in its strategy to fight global trade barriers. The efforts of the European Commission to fight protectionism over the last year bear fruit and could create better trade and ...
Tags: EU Reports, economy