government
Fashion & Lifestyle
Indians may soon be able to shop for ‘INDIAsize’ garments
PTI -
The government's goal is to take the domestic technical textiles segment to $40-50 billion in the next five years
New Delhi: The Textiles Ministry will soon rollout 'INDIAsize' -- measurements and standards designed to better suit the Indian body types, Textiles...
Food & Beverage
Pizza Hut to continue aggressive expansion spree: Merrill Pereyra
PTI -
Pizza Hut is focusing on emerging markets in Tier II & III places, which now contribute 50% of its business in India
New Delhi: Leading quick service restaurant chain Pizza Hut, which had doubled its store count in the country...
FMCG
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products
New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
E-Commerce
Handicrafts body CCIC now on ONDC
PTI -
The corporation's collaboration with ONDC signifies CCIC's commitment to expanding its market presence and being accessible to buyers
New Delhi: The Central Cottage Industries Corporation (CCIC) has been on-boarded to Open Network for Digital Commerce (ONDC), allowing users to purchase...
E-Commerce
Public procurement via GeM portal to cross Rs 2 lakh crore in FY23
PTI -
Procurement of goods and services from government portal GeM is expected to cross Rs 2 lakh crore during this fiscal year on account of an increase in buying activities by different ministries and departments
New Delhi: Procurement of goods and services...
Latest News
UP MSME Mart launches its second store in Noida
UP MSME Mart, promoted by UP Industrial Consultants Limited (UPICON) will offer Traditional products made by local artisans of Uttar Pradesh
New Delhi: UP MSME Mart, promoted by UPICON, launched its second store in Noida last week to strengthen Uttar...
Big Grid
How climate tech can help retailers
With advancements in climate technology retailers that use cold chains extensively can slash wastage of produce from 25% to 6%
By Devendra Gupta
Climate technology is defined as those technologies that are primarily focused on lowering Green House Gas (GHG) emissions...
Retail
Government's UJALA scheme leads to drop in retail price of LED bulbs
In order to encourage consumers to opt for the energy efficient lights, the Government has reduced the retail price of 9 watt LED bulbs to as low as Rs 65 per unit, under it's UJALA programme.
"The aggregation of demand...
Latest News
Government mulls incentive package for leather sector
The government is working on a package of both fiscal and non-fiscal measures for leather and non-leather footwear sector, with a view to boost investments and job creation.
As reported by PTI: The incentives will be broadly on the lines...
Fashion & Lifestyle
Gems, jewellery exports to remain under pressure: ASSOCHAM
Apex industry body ASSOCHAM has urged the government to extend incentives like interest subvention, Merchandise Exports from India Scheme (MEIS) and others to promote gems and jewellery (G&J) exports that have been marred by global slowdown thereby putting at...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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