Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
CII will have a three-pronged approach. First, the chamber will concentrate on consumers and will urge companies to focus on the end users, says N Srinivasan.
India and EU on Monday agreed to resume stalled WTO talks immediately by adopting a flexible approach to narrow the differences on contentious issues like agriculture.
As part of its major expansion plans, ITC Ltd will build three new super deluxe luxury hotels in Chennai, Bangalore and Hyderabad at a cost of Rs 1,000 crore (Rs 10 billion).
Poor infrastructure could result in a loss of $21 billion of investment to other competing countries in Asia and this was a major threat to the realisation of India's projected IT vision for 2008, a Confederation of Indian Industry paper has said.
Singh said the country sought partnership for development even as it demonstrated to the world its ability and capability to stand on its own feet.
India's power sector is looking up with as many as 11 state electricity boards having reported reduction in losses during the last two years and the public-sector companies increasing their recoveries
The Confederation of Indian Industry and ASEAN on Monday set up two task forces in pharmaceuticals and agriculture and food processing to prepare a strategy document to outline a roadmap for cooperation in these sectors.
India's services sector continued its high growth track during the first half of the current fiscal, according to the Confederation of Indian Industry-ASCON report. The cellular services recorded a growth of 180 per cent, a CII release said.
Communications Minister Arun Shourie on Thursday asked state-owned Mahanagar Telephone Nigam Ltd to make the optimum use of its huge cash reserves and aggressively explore foreign markets.
The Union tourism ministry has approved 51 hotel projects in South India, according to a Confederation of Indian Industry report.
It may help do away with the economic loss and inconvenience, but it also curtails the workers' right to air their grievance.
Electricity Act 2003 is likely to be notified in the next 10 days while national electricity and tariff policy will be formulated in the next six-eight months
In a bid to participate in the reconstruction of Iraq and explore business opportunities there, a 20-member mission of Confederation of Indian Industries is in Kuwait to meet the companies on a one-to-one basis.\n\n\n\n
Joseph Crowley, a visiting US Congressman, has said a New Jersey bill that seeks to ban outsourcing of technical jobs to non-US entities is an unhealthy legislation and such laws will not find favour with other American states.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances