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Indians may soon be able to shop for ‘INDIAsize’ garments

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...

Pizza Hut to continue aggressive expansion spree: Merrill Pereyra

Pizza Hut is focusing on emerging markets in Tier II & III places, which now contribute 50% of its business in IndiaNew Delhi: Leading quick service restaurant chain Pizza Hut, which had doubled its store count in the country...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Handicrafts body CCIC now on ONDC

The corporation's collaboration with ONDC signifies CCIC's commitment to expanding its market presence and being accessible to buyersNew Delhi: The Central Cottage Industries Corporation (CCIC) has been on-boarded to Open Network for Digital Commerce (ONDC), allowing users to purchase...

Public procurement via GeM portal to cross Rs 2 lakh crore in FY23

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...

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 PradeshNew Delhi: UP MSME Mart, promoted by UPICON, launched its second store in Noida last week to strengthen Uttar...

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 GuptaClimate technology is defined as those technologies that are primarily focused on lowering Green House Gas (GHG) emissions...

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...

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...

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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Brigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build malls, offices, homes among other things

In Chennai, Brigade Group has already completed over 5 million square feet across residential, office, hospitality and retail real...
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