The merger of MRRM Inc. with a wholly-owned subsidiary of Marbour S.A.S. was announced following a special resolution approval at a special MRRM shareholders meeting held in Montreal, Quebec on March 31. Canada-based MRRM Inc. operates ...
Following rapid growth in community engagement, scrapbook creation and revenue growth, social discovery platform for women, LimeRoad said it has raised a Series C funding. This new financing ramps up the total funds raised to $45 million ...
Tags: Tiger Global Management, LimeRoad, Apparel
Swedish automaker Scania has commenced production of city buses at the company’s Narasapura plant in Karnataka, India. The company has been assembling trucks at the plant since 2013, and till date it has invested €40m on the ...
Tags: Scania, Buses, Auto Parts
Recently, a delegation from the Indian textile industry met Santosh Kumar Gangwar, minister of state for textiles to apprise him of the current as well as post budget scenario of the textile industry. The delegation was made-up of OP ...
Tags: Textile Sector, textile industry
The government of the northwest Indian state of Punjab is set to establish five primary processing centres for the proposed mega food park being set up by Punjab Agro Industries. Punjab Agro Industries will set up a food park on 100 acres ...
Cotton Council International is organising an ‘Invitation only’ Seminar Evening on April 10, 2015 at Trident Oberoi, Mumbai. The Seminar will offer useful insights on the global scenario of cotton and the cotton textile ...
Tags: COTTON USA, textile industry
The blueprint of the China-proposed belt and road initiative unveiled on Saturday will boost practical cooperation in key fields such as infrastructure, said analysts. The action plan for the Silk Road Economic Belt and 21st Century ...
American Swan, an online fashion brand said it has made its products more accessible to customers by tying up with India Post Delivery Service to offer a wider reach to over 20,000 PIN codes across India. According to CEO Anurag ...
Tags: American Swan, e-commerce industry
Ford has inaugurated its $1bn integrated manufacturing facility along with an engine plant in Sanand, Gujarat which will double the company’s manufacturing capacity in India. The facility, which is spread across 460 acres, will ...
Tags: Ford, manufacturing facility, Auto Parts
The Ministry of Commerce, Government of India, will soon release a strategy paper mentioning the ways to increase competitiveness of Indian textiles in export markets. The competitiveness of Indian textiles in global markets is ...
Tags: strategy paper, export markets
A Swedish initiative has helped Indian apparel suppliers to Swedish brands like KappAhl, Indiska and Lindex, reduce environmental impact and improve capacity through training on resource efficiency. The Sustainable Water Resources (SWAR) ...
Tags: apparel suppliers, apparel
“All India kappas (raw cotton) arrivals have touched approximately 3 crore bales and CCI cotton procurement has crossed approximately 80 lakhs bales till now,” informs the fortnightly report of Indian Cotton Federation. It ...
Tags: India kappas, raw cotton, cotton
Minister of State for Textiles Santosh Kumar Gangwar has launched two sericulture schemes for Manipur, at the state capital Imphal. The schemes are Phase II of Sericulture Project for Valley Districts of Manipur and Integrated ...
Distell Group, a leading liquor producer in South Africa, is in negotiations with India-based Tilaknagar Industries to acquire a few of latter’s brands. Tilaknagar Industries, which has INR 8bn- ($128m) debt, expects to generate ...
Tags: Distell Group, Liquor, Food
Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...