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Double-Digit Market Growth Forecast for 2016
Dec 20, 2016Fueled by the favorable policy for small engine cars and people's enthusiasm for SUVs, China's automotive market is set for double-digit growth this year. Statistics from the China Association of Automobile Manufacturers show a record ...
Tags: small engine cars, SUV
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Electric Car Market Yet to Mature
Dec 14, 2016Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...
Tags: Electric Car, SAIC Motor
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China to Replace Subsidy with Reward to Underpin PPP Projects
Dec 22, 2015In a bid to support public-private partnership projects, China will provide rewards instead of subsidies in a pilot scheme starting from next year. The Ministry of Finance said private partners in the PPP demonstration projects will be ...
Tags: PPP Projects, China
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Government of India Will Soon Come out with an Interest Subvention Scheme for Exporters
Jul 21, 2015The Government of India will soon come out with an interest subvention (subsidy) scheme for exporters, commerce and industry minister Nirmala Sitharaman has said. Speaking at a function in New Delhi, Sitharaman said the soon to be ...
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Textile Minister Assured to End Tufs Mess
Apr 14, 2015The government has assured the textile industry that it will soon resolve the issue of pending claims under its technology upgradation scheme, according to media reports. The Textile Upgradation Fund Scheme (TUFS) is an interest ...
Tags: Textile Minister, TUFS Mess
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Ind-Ra Has Revised The Outlook on The Cotton Sector to Negative to Stable for FY15
Apr 21, 2014India Ratings & Research (Ind-Ra) has revised the outlook on the cotton sector to negative to stable for FY15 from negative. The agency has also revised the rating Outlook on cotton companies to Stable for FY15 from Negative. This is ...
Tags: Cotton Sector, Ind-Ra
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The Market Has Felt Deflated Ever Since The Wild Ride on March 26
Apr 14, 2014The market has felt deflated ever since the wild ride on March 26, during which the spot contract shot up to a high of 97.35 cents/lb before dropping more than 500 points below that level by the end of the session. From a technical ...
Tags: Cotton Futures, Xinjiang cotton
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China Announced Revisions to It Subsidy Program
Dec 12, 2013China announced revisions to it subsidy program for companies breaking old transport ships and single-hulled tankers Monday, but industry insiders said this would do little to cut restrictions on what ships could be broken. "This will ...
Tags: Ship Breakers, Subsidy Scheme
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Gillard Pledged $12.9 Million to Showcase Potential of NBN
May 15, 2013The Gillard government has pledged an additional $12.9 million to showcase the potential of the National Broadband Network as part of the 2013 budget. The funding will provide training to small- and medium-sized businesses and ...
Tags: NBN, National Broadband Network
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Indian Handicraft Exports Got The Target of Us$ 3.3 Billion Set for Fiscal Year 2012-13
Apr 16, 2013Despite lower demand from some of the key Western markets, Indian handicraft exports have achieved the target of US$ 3.3 billion set for fiscal year 2012-13. The items that posted highest year-on-year export growth during the period ...
Tags: Handicraft Exports, Textile
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Shri Sharma Said Low Rate Will Benefit 1.5 Lakh Individual Weavers
Mar 4, 2013The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma has welcomed the announcements made by the Finance Minister on textiles sector in his Budget Speech. Shri Sharma, while delivering the keynote address during the one-day ...
Tags: Textiles, Shri Anand Sharma, textiles sector
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Major Lighting Markets in The World Have Been Affected by The European Debt Crisis
Dec 16, 2012According to LEDinside, the LED research division of TrendForce, major lighting markets in the world have been affected by the European debt crisis in varying degrees. Certain Chinese LED firms whose businesses rely heavily on overseas ...
Tags: LED Lighting
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Cottage Industries Are Promoted by Khadi Commission in India
Dec 12, 2012The Ministry of Micro,Small and Medium Enterprises provides marketing facilities for khadi and village industries(KVI)products including products of cottage industries through KVI sales outlets of Khadi and Village Industries ...
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SIMA Held a Meeting to Update The Textile Mill Owners of Tn Regarding The Prospects
Nov 16, 2012The Southern India Mills' Association (SIMA) recently held a meeting to update the textile mill owners of Tamil Nadu (TN) regarding the prospects of expanding in western Indian states of Gujarat and Maharashtra. SIMA Chairman S ...
Tags: SIMA, textile, cotton, Textile Policy
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There Are Seven Million LED Lights Lining The Tunnel of Lights on The Island of Nagashima
Nov 12, 20121. Tunnel of lights Japan: Display dazzels with millions of solar powered LEDs A Tunnel of lights in Japan dazzles visitors with millions of LED lights, according to a Nov. 10 report from The Inquisitor. There are seven million LED ...
Tags: LED Lighting, Lighting