Samsonite's factory in Nasik currently makes around 80,000 units a month and plans to go up to 100,000 units
Travel solutions firm Samsonite Corporation is looking for prospective partners for outsourcing its product manufacturing in Tamil Nadu and Gurgaon.
Samsonite India will be shutting down its manufacturing unit at Nashik over the next three years. Production at the plant, which has a capacity of 10 million units, will be scaled down to 50 per cent by December 2006.
Samsonite, the luggage bags maker, is aiming at over 30 per cent sales growth to Rs 120 crore (Rs 1.20 billion) next year, mainly through a spurt in sales of its new mid-segment premium range - American Tourister.
The Rs 1,500-crore (Rs 15 billion) ladies handbag market will see some major action this year, with luggage makers V.I.P and Samsonite contemplating entry soon.
Planet Retail is owned by non-resident Indian V P Sharma and Samsonite's Ramesh Tainwala.
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Kerala Tourism has drawn up God's Own Country 2.0 and the department is going all out to repair the state's image and infrastructure. Apart from being a damage control exercise, it is also an opportunity to reimagine the state as a tourism brand.
Has Make in India's mascot, the metal lion, begun to rust?
The sun is out. The flood waters have receded. Keralites have spent crores in quickly cleaning up the state and making it visitor ready. Go to Kerala folks!
'Oddly enough, everything Raazi cannot explain or put a finger on, it glosses over in the name of patriotism or watan-love; glorifying thereby the very sentiment it had set out to mock.' 'This is the unique tragedy of the film: it becomes less of a counterpoint to pseudo-patriotism and more of a companion piece,' says Sreehari Nair.
Sadly, for hundreds of millions in India, that inequality from their birth and the utterly inadequate schooling and health care they receive thereafter mean that the lottery is stacked against them.
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