The Union Minister for Commerce, Industry and Textiles, Shri Anand Sharma launched 21 New Textile Parks approved under Scheme for Integrated Textile Parks (SITP). These new parks take the total number to 61 parks as 40 Parks were sanctioned ...
Tags: Textile Parks, Textile
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
The UKIBC are delighted to invite you to a landmark event featuring two of the UK and India's most respected and successful retail visionaries - 'King of the High Street', George Davies, and Rakesh Biyani, Joint MD of the Future Group, one ...
Tags: retail, retail clothing, clothing
The EU and Japan officially launched the negotiations for a Free Trade Agreement (FTA). The aim is for a comprehensive agreement in goods, services and investment eliminating tariffs, non-tariff barriers and covering other trade-related ...
Tags: trade, Free Trade, Free Trade Agreement
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
Chairman AEPC, Dr. A Sakthive, in the proposal presented, to Shri Anand Sharma, the Union Minister for Commerce, Industry & Textiles, has made submission for increasing the garment exports to US $16 billion in 2013-14. The meeting was ...
Tags: AEPC, garment exports, garment
Mr Doug McMillon, CEO Walmart met the Commerce, Industry & Textiles Minister during the World Economic Forum Annual Meeting 2013, at Davos. During the meeting, CEO Walmart conveyed that they are studying the conditions in India. He was ...
Tags: Walmart, foreign direct investment, Textile
The Woolmark Company, the global authority on Merino wool, organised a seminar in New Delhi on ‘Wool – Versatility and Luxury’ where industry leaders shared their knowledge and thoughts on the potential of premium and ...
Tags: Woolmark Company, Merino wool, Seminar
Its large number of SMEs, reputation for design and creativity, high standard of living and highly skilled workforce make Italy an attractive option for overseas investors. Investment opportunities in the country are numerous, though ...
Tags: Service, Italy, business, cooperation project
Government announced the decision to permit FDI, up to 51%, in multi-brand retail trading, vide Press Note dated 20.9.2012, subject to the following conditions: (I) FDI in multi brand retail trading up to 51% shall be allowed through the ...
Tags: FDI, Multi-Brand Retail, India
Several international retail brands are planning to invest in Indian textile sector as the Central Government has announced many incentives, including tax exemptions, to the textile and garment industry in the Union Budget 2013-14. ...
Tags: FDI, Indian Textile Sector, textile
Indian textile and apparel manufacturers are expecting boost for the sector as Union Budget 2013-14 has opened new opportunities for investments in the domestic as well as international market with reduced excise duty on branded garments, ...
Apparel Export Promotion Council organised Export Excellence Award and Lifetime Achievement Award, here on 22nd February evening. Shri Anand Sharma, Hon’ble Minister for Commerce, Industry & Textiles, Government of India was the ...
Tags: Apparel Export, Textiles, Apparel
Tesco PLC and Sainsbury – two well-known British supermarket chains – have applied to the Indian Government for opening sourcing centres, Minister of Commerce and Industry Anand Sharma has said. Speaking to reporters on the ...
Tags: retail operations, Supermarket Chains, opening sourcing centres