by TEXTILE VALUE CHAIN | Feb 2, 2023 | Finance & Economy, Textile Industry
– It’s a foreword looking, growth-oriented budget: Chairman AEPC New Delhi/ Gurugram : Commenting on the Union Budget 2023-24 presented by the Finance Minister, Smt. Nirmala Sitharaman today, Shri Naren Goenka, Chairman, AEPC said, “This budget is a...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy
– Raises concerns on increasing import duty on Textile Machinery New Delhi, Wednesday : The Hon’ble Union Minister of Finance, Smt. Nirmala Sitharaman, today, presented the Union Budget for 2023-24, which is also the first Budget in Amrit Kaal period. While...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Apparel, Fashion & Retail, Finance & Economy
“The proposal in increase spends on capex will keep the wheels of growth in motion. The government’s efforts on bettering yield of cotton productivity will help in keeping volatility in cotton prices at bay. The reduction in personal income tax slab and eliminating...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy, Home Textiles
The Union Budget 2023 is out, with a few hits and misses in the retail sector. The industry was expecting a few direct SOPs, which were completely absent from the budget, particularly regarding the Input Tax Credit. However, looking at the positive aspect of it, the...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Finance & Economy, News & Insights
The union budget has announced a fresh corpus of INR 9000 Crores for guaranteed credit support for the MSME sector. This is a very positive step towards supporting the MSME segment, which is one of the critical cogs in the overall economic growth of India. There are...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Apparel, Fashion & Retail, Finance & Economy
The ongoing make in India initiative, including lower import duties on raw resources used in electronics, cameras, TV panels, and other products, should help increase direct and indirect job creation. This will aid in the promotion of easier credit access,...
by TEXTILE VALUE CHAIN | Feb 1, 2023 | Market Reports, Sustainability
According to a new market research report, the “Bioplastics & Biopolymers Market by Type (Non-Biodegradable/Bio-Based, Biodegradable), End-Use Industry (Packaging, Consumer Goods, Automotive & Transportation, Textiles, Agriculture & Horticulture),...
by TEXTILE VALUE CHAIN | Nov 16, 2022 | Home Textiles, News & Insights
Every day, new stores and business ideas emerge in the e-commerce industry, which is rapidly evolving. Consumer trends are constantly changing, especially in today’s digital age. Retailers are becoming more aware of trends and using them to determine how to...
by DIGITAL MEDIA EXECUTIVE | Oct 28, 2022 | Apparel, Fashion & Retail, News & Insights
Senior executives previously at Walmart, Gap, Carrefour & Flextronics join BuyHive Board New York/Hong Kong/NewDelhi, October 27, 2022: Hong Kong-based startup and B2B tech-enabled global sourcing platform BuyHive (https://thebuyhive.com) today announced its...
by DIGITAL MEDIA EXECUTIVE | Oct 14, 2022 | Apparel, Fashion & Retail, News & Insights
The 54th edition of one of the world’s largest handicrafts fairs, IHGF-Delhi fair, will be open to overseas buyers, buying and sourcing consultants as well as large domestic volume retail buyers on 14th October 2022 at India Expo Centre & Mart, Greater Noida. In a...
by DIGITAL MEDIA EXECUTIVE | Oct 14, 2022 | Apparel, Fashion & Retail, News & Insights
Reliance Retail, a subsidiary of Reliance Retail Ventures Ltd., has partnered with NBA for a multi-year collaboration to sell the organisation’s merchandise at its stores in India. Built around five professional sports leagues – the NBA, WNBA, NBA G League, NBA 2K...
by DIGITAL MEDIA EXECUTIVE | Oct 10, 2022 | Apparel, Fashion & Retail, News & Insights
Beauty, wellness and fashion firm Nykaa has partnered with Middle Eastern retailer Apparel Group to launch a new multi-brand retailer online and offline in the Gulf Cooperation Council (GCC) region which includes the Kingdom of Bahrain, State of Kuwait, Sultanate of...
