South Korean automotive giant Hyundai Motor’s India unit has shelved its plan to export Creta SUV from September to November-December to cater to the domestic demand. The carmaker, which aims at boosting output to 7,000 units a ...
India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 4.05 per cent for July 2015 (over July 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: WPI-Based Inflation, Inflation
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Taiwan-based handset ODMs, including Foxconn Electronics/FIH Mobile, Compal Electronics and Arima Communications, reportedly have landed orders from regional brands in China, India and Southeast Asia, according to industry sources. The ...
Tags: emerging markets, handset
The Bombay High Court in India has revoked the ban on Nestle's Maggi noodles and ordered regulators to undertake fresh tests on the product. This comes a day after the Indian government sued the company to pay $100m in settlment for its ...
Tags: Nestle, Maggi noodles, noodles
US automotive giant Ford Motor plans to draw from the low-cost techniques mastered in India to maintain its competitive edge in other markets. This is set to be an emulation of the strategy used by its Asian rivals reportedly outshining ...
Tags: Ford Motor, Hyundai Motor
Poney, one of the fastest growing kidswear brands from Malaysia has launched its India operations with Delhi-based partner Ajanta International Group, according to a press release. After experiencing tremendous success in 11 countries ...
Tags: kidswear, fashion segment
With 8 months still to go for the Japan International Apparel Machinery and Textile Industry Trade Fair “JIAM 2016 Osaka”, 80 per cent of the exhibition space of has already been booked, the Japan Sewing Machinery Manufactures ...
The global intumescent coatings market size is expected to reach USD 1.11 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth is anticipated to drive the market growth of intumescent coatings. ...
Monte Carlo Fashions (MCFL), a retailer of branded apparels reported that its sales declined 5.9 per cent year over year for the first quarter ended June 30, 2015. In a press release, MCFL said its revenue fell 5.9 per cent from a fiscal ...
Tags: apparels, woolen, woven products
Birla Cellulose, which had recently launched Liva, hosted the Liva Partner Conclave 2015 in Jaipur in collaboration with the Garment Exporters Association of Rajasthan. “The focus was on the Liva Spring/Summer 2016 collection, ...
Tags: ethnic garments, skirts, kurtis
Textile spinning mills affiliated to the Northern India Textile Mills' Association (NITMA) are considering cutting back production and shutting down their mills once a week against the current trend of operating a mill 24x7. In a press ...
Tags: spinning mills, yarn, Textile
The emissions from compressed natural gas (CNG)-run buses have the potential for causing cancers in human beings due to the presence of ‘nanocarbon’ particles. This has been revealed by a study conducted by Council of ...
Tags: CNG Vehicles, natural gas
More than three quarters of consumers surveyed by Tetra Pak said their decision to select a beverage brand depended largely on whether its packaging was environmentally sound. The new study, commissioned by Tetra Pak's Environment ...
Tags: Eco-Friendly Bottles, Tetra Pak
All GSP eligible merchandise including textiles will benefit from the US government's announcement of extending the benefit under the Generalized System of Preferences (GSP) to developing countries. In a notice issued on 28 July, the ...
Tags: textiles, GSP programme