Five states roll out intra-state e-way bill from April 15

2018/04 22 05:04

E-way bill requirement for intra-state movement of goods in India was rolled out in five states — Gujarat, Uttar Pradesh, Andhra Pradesh, Telangana and Kerala — from 15 April. From midnight till 5 pm on April 15, about 0.24 million e-way bills — both inter-state and intra-state — were generated on the goods and services […]

H&M aims to be climate positive across value chain by 2040

2018/04 22 05:04

Courtesy: H&M H&M aims to become climate positive across the entire value chain by 2040, says its sustainability report 2017. The company has been making strong progress towards its vision to lead the change towards a circular and renewable fashion industry, while being a fair and equal company. H&M is therefore pushing the development towards […]

Sanpower to bring top Chinese brands to Europe through HoF

2018/04 22 05:04

China’s Sanpower Group has launched a supply chain programme to bring premium Chinese brands to Europe and the rest of the world through the House of Fraser (HoF), a subsidiary of Sanpower holding Nanjing Cenbest. The programme, which supports Beijing’s 'Belt and Road' vision, was launched at the first Sanpower Global Supplier Conference in Nanjing […]

CAI to set up farmers training institute in Mumbai

2018/04 22 05:04

The Cotton Association of India (CAI) recently cleared a proposal to set up an All India Training Centre for Farmers in the Cotton Green commercial area in Mumbai, CAI president Atul S Ganatra announced at the inaugural session of Cotton India 2018 conference. With over 122 lakh hectare acreage, India has the largest acreage under […]

Digital platform launched for Indian MSME exporters

2018/04 22 05:04

Commerce and industry minister Suresh Prabhu (2nd from left) at the launch of FIEO GlobalLinker in New Delhi. Courtesy: PIB/ministry of commerce and industry A digital platform for exporters in the micro, small and medium enterprises (MSME) industry has been launched by Indian commerce and industry minister Suresh Prabhu. The interesting idea for such a […]

Green production aim of Vietnam’s garment-textile sector

2018/04 22 05:04

Vietnam needs clean, green, energy-saving production technology in the textile and garment sector to improve competitiveness, discussed a recent workshop in Ho Chi Minh City. The sector is under pressure related to price, production costs, environmental safety and workers’ health, according to Vietnam Textile and Apparel Association chairman Vu Duc Giang. The sector spends up […]

Taiwan’s CPC Corp in talks to shift cracker abroad

2018/04 22 05:04

Courtesy: CPC Corporation, Taiwan Taiwan’s state-owned oil refiner CPC Corp is discussing with potential partners about shifting its older Kaohsiung naphtha cracker to another country. It is also considering other options like dismantling the plant and selling the refining equipment. The naphtha cracker in Kaohsiung’s Nanzih district has remained shut since the end of 2015. […]

Brazilian cotton prices rise in first fortnight of April

2018/04 22 05:04

Cotton prices continued to rise in Brazil in the first fortnight of April. The boost came from both higher demand and sellers’ retraction. Between March 29 and April 13, the Center for Advanced Studies on Applied Economics/Department of Economy, Administration and Sociology, Luiz de Queiroz College of Agriculture (CEPEA/ESALQ) cotton Index rose 4.9 per cent. […]

CPC assessing investment in Indian petrochemical industry

2018/04 22 05:04

Courtesy: CPC Corporation, Taiwan CPC Corp, Taiwan’s state-owned oil refiner, is considering investment of NT$170 billion (US$5.78 billion) in India’s petrochemical industry. It is planning to complete the assessment for the same by September this year. The Taiwan External Trade Development Council estimates the size of India’s petrochemical industry to reach US$400 billion by 2025. […]