India’s chemical industry is poised for strong growth in the future, says a report by Crisil Research. Going forward, with India’s GDP projected to grow at 7.5 per cent in the medium term, demand for specialty chemicals from various end-use industries – textiles, automobiles, construction and consumer...
When the pandemic first locked us indoors, there were things nobody was prepared for. New businesses especially, with no prior experience to lean on, were confronted with a restrictive environment. However, despite these challenges, many start-ups managed to not only survive but also thrive, innovating and thinking...
Bata India, the leading footwear retailer, reported ₹6,794 million in net sales for Q4 2019, closing 7.4 per cent over corresponding quarter riding on growth from retail channel. This was weakened by a below expectation performance by e-commerce channel due to changed legislation for the industry and...
India, which was the second largest exporter of textile and apparel during 2014-17 after China, has fallen to the 5th rank in 2018 as Germany, Bangladesh and Vietnam have stepped in, according to chairman of Confederation of Indian Textile Industry (CITI) Sanjay K Jain. India's exports in...
A strategy paper by the Indian commerce ministry has outlined steps like pushing exports, launching export incentive schemes, cutting import dependence and attracting foreign firms that are looking at shifting manufacturing bases from China to reduce trade imbalance. The paper was submitted recently to commerce and industry...
The 3rd edition of Denimsandjeans India, held recently in Bangalore, witnessed the highest buyers’ turnout in its all 3 seasons. With over 40 exhibiting companies from over 7 countries, the show brought all the leading retailers, brands, buying houses and factories from India as well as overseas...
Bangladesh wants more raw materials from India to increase production for both countries during the coronavirus pandemic. The interdependence between Bangladesh and India has been growing because of increased trade of raw materials for industrial production in Bangladesh. India is a major supplier of raw cotton to...
The tea industry of India has urged the Centre to work out a preferential trade agreement with neighbouring Bangladesh in order to boost the dwindling tea exports from the country.
The development comes as India’s tea exports may not reach 200 million kg this year amid steep competition...