German automaker Volkswagen Group is planning to expand business in India with an investment of about €100m. Under the expansion plan, the company is expected to launch its sedan and SUV in the compact segment along with a hatchback. ...
Tags: Auto Parts, Auto, Vehicle, Car, SUV
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
After having witnessed a disappointing spring/summer season last year, Indian apparel brands and online retailers are gung-ho over sales that have been reported from the beginning of this season. Online fashion retailers as well as ...
Tags: Apparel, Accessories
US-based Hologenix has unveiled – Celliant, a revolutionary, patented technology that, through the use of fibers, converts the body’s natural energy (heat) into infrared (IR) light and emits it into the body’s tissue and ...
Tags: Fiber Core, Responsive Textile
Exports of coir and coir products from India touched an all-time high totaling Rs. 14.76 billion, registering a surge of 32 percent year-on-year, during the last fiscal year of 2013-14, owing to robust consumption from China, as per the ...
Tags: Coir, Coir products
Germany-based plantmaker SMS Siemag has announced that it will revamp one of the two compact strip production (CSP) casters of the Indian steelmaker JSW Steel. The modernization of the CSP slab at the steelmaker's Dolvi steel plant in the ...
Tags: JSW Steel, Slab Casting
Indian handloom sector has been experiencing negative growth which is a cause of serious concern, said Textiles Secretary Zohra Chatterji, during the recently held Buyer-Seller Meet for handloom products in Mumbai, reports the Hindu ...
Tags: Handloom sector, exquisite weaving
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group, is planning to increase its denim production capacity to 30 million metres by 2015, Rajiv Dayal, MIL’s managing director said in a statement. ...
Tags: Denim, Mafatlal Industries
In April this year, Indian motor vehicle production increased by 10.35 percent year on year to 1,861,849 units, due to the growth in two wheelers production, according to the Society of Indian Automobile Manufacturers (SIAM). In April, ...
Tags: Motor Vehicle, two wheelers
In March this year, India's industrial production decreased by 0.5 percent year on year, according to government data. Industrial production in the financial year 2013-14 ended March 31 decreased by 0.1 year on year. Production in India's ...
Tags: Basic Metal, industrial production
Nigerian crude prices are starting to fall as the remaining 15-20 Nigerian June cargoes struggle to sell due to weakening refining margins, trading sources said Monday. The remaining unsold cargoes are looking to find a home in Europe, ...
Tags: Crude Oil, Nigerian crudes
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
Intertek, a leading quality solutions provider to industries worldwide, announces the launch of Indati, the first-ever mobile textile testing lab. Intertek developed Indati: The Lab on Wheels to help manufacturers meet ever-increasing ...
Reacting on the apparel exports data, for the month of April 2014-15, Mr. Virender Uppal, Chairman AEPC, remarked, “This is the first month of the 2014-15 and Apparel Exports have recorded the growth of 14.33% compared to the April ...
Tags: April Apparel, Apparel Exports
The exports of cotton yarn from India in fiscal year 2013-14 are likely to be around 1.35 billion kg worth US$ 4.7 billion, according to a study by the Cotton Textiles Export Promotion Council of India (Texprocil), reports Business Standard ...
Tags: Cotton Yarn, Cotton Yarn Exports