Apart from IIM-L, where more than 110 organisations participated in the summer placements, there has been a general slowdown in the placement process of other institutes. A boom was expected in the reality and retail sectors but, given the ongoing slump, these sectors had little to contribute to uplift the offer market for graduating students. Experts believe the slowdown scenario is expected to continue up to next year. "Opportunities in 2010 will be good," they added.
SIHL has invested about Rs 25 lakhs (Rs 2.5 million) in establishing the present facility at its Lucknow township. The Lucknow laboratory has impact-testing machines, and is also equipped to test compression factor, stone and sand aggregate value, crushing value, and moisture content.
After chikan and silk industry, the Chinese dragon seems to have set its eyes on the leather industry in Uttar Pradesh. The leather sector is facing increasing threat from their Chinese counterparts who are gaining on the international clients due to their low cost as compared to the ones supplied by India.
The small and medium enterprises may soon have a credit card in their names. The Lucknow-based Small Industry Development Bank of India is mulling over the idea of having an SME credit card.
The association in its state-level executive committee meeting held at Lucknow today expressed concerns over the government's decision to impose ban on Reliance Fresh.
Unable to keep up with international trends, the chikan industry struggles to reinvent itself.