Search Results for: India
10 results out of 2488 results found for 'India'.
PAKISTAN APPAREL INDUSTRY IN DEEP CRISIS DUE TO RISING INPUT COSTS AND GLOBAL RECESSION
In the wake of devastating floods in three of Pakistan’s provinces – Sindh, Punjab and Balochistan – the country’s textile and garment industries are facing multiple challenges compounding the destruction of cotton crop at a large-scale.
The country’s textile and apparel industries fear a major dent in export volumes, with competitiveness harmed by them having to import raw materials as a result.…
ATHLEISURE AND PEFORMANCE GEAR CONSUMERS DRIVE SUSTAINABILITY DEMAND, AHEAD OF REGULATION
Consumers of athleisure and performance gear will drive demand for sustainability in this segment, before requirement in materials and industrial processes are mandated by regulations, textile industry observers have indicated. As a result, existing brands have been warned by market experts to focus on product development, facing competition from newcomers keen to capitalise on increases sales for this segment witnessed during the Covid-19 pandemic. …
CHANGING REGULATORY PRESSURES FORCE OBLIGED ENTITIES TO HONE THE MANAGEMENT OF AML TEAMS
While FATF assessments focus on the policy and regulatory response of governments, law enforcement and AML agencies in fighting dirty money, the fact remains that these efforts are undertaken by teams – and how these groups’ staff members work together and are managed underscores their effectiveness.…
TOBACCO – HALAL OR HARAM? THE RELIGIOUS CHALLENGE OF SELLING INTO MUSLIM MARKETS
The tobacco industry is a global sector, with supply chains spanning the world. Muslim consumers – and there are 1.97 billion if them – are an important part of any tobacco major’s market portfolio, not to mention local Muslim companies. But a key challenge for tobacco companies targeting Muslim smokers, vapers and other consumers is religion – some Muslim scholars say tobacco is haram, and not in keeping with Islamic guidance, because of mental and physical impact on smokers.…
SRI LANKA CLOTHING SECTOR WEATHERS RECENT POLITICAL AND ECONOMIC STORMS – TARGETS SUSTAINABLE GROWTH
The UN Human Rights Council passed a resolution on Sri Lanka on Thursday October 6 calling for accountability, human rights and reconciliation in this important clothing manufacturing outsourcing centre that has suffered from intense political and economic turmoil. There is growing international pressure on the new Sri Lanka government of President Ranil Wickremesinghe to promote calm (1) as the country grapples with financial shortages, logistical disruption and political legitimacy problems, worsened by widespread government corruption.…
ITALY RETAIL COFFEE SALES GROW, DESPITE INFLAITON AND WEAK ECONOMIC GROWTH
Times might be tough in Italy, with annual inflation at 9.4% (in September) and sluggish growth of 2.5% projected for 2022 (OECD data), but Italians are drinking more coffee, including supermarket sales for home-brewed drinks.
In 2021, Italian roasted mass market retail coffee sales exceeded EUR1.3 billion overall, said IRI, up 1.1% year-on-year, driven by the single-serving pods and capsules and grains segments.…
ENFORCEMENT OF FOREIGN BRIBERY BANS SINKS, SAYS TI
Enforcement action to tackle foreign bribery in compliance with the OECD Anti-Bribery Convention (1) declined from 2018 to 2021, according to Transparency International (TI), after reviewing 47 leading export economies. These were 43 convention signatories plus China, India, Hong Kong and Singapore.…
AMUL TO BE THE LEAD PROMOTER OF A MULTI-STATE COOPERATIVE SOCIETY TO PROMOTE INDIAN AGRI PRODUCTS
THE Gujarat Cooperative Milk Marketing Federation, owner of India’s leading dairy brand Amul, could become the leader of a planned multi-state association of five major Indian cooperative bodies promoting organic Indian food products.
The other cooperatives are the Indian Farmers Fertiliser Cooperative Limited (IFFCO), the National Agricultural Cooperative Marketing Federation (NAFED), the National Cooperative Development Corporation (NCDC) and Krishi Bharatiya Cooperative Limited (KRIBHCO).…
US COATINGS MARKET EDGES UP IN SCALE AS IT DEVELOPS MORE ECO-PRODUCTS
Continuing to fight supply-chain snarls, material shortages, inflation woes, and a stubborn pandemic, the US paint and coatings industry produced 1.3 billion American gallons (4.9 billion litres) valued at USD27.2 billion (US dollars) in 2021.
That is according to The ChemQuest Group, a global specialty chemicals and materials consulting service based in Cincinnati, Ohio, USA, which said this production was an increase of just 0.1% in volume and 8.6% in value over the previous year.…
CHINA NONWOVENS SECTOR DIGITISES PRODUCTION, BUT UNEVENLY, SAY EXPERTS
China’s nonwovens industry is preparing for ongoing long-term growth, bolstered by increasing demand for nonwovens globally and inspired by the drive for digitisation within the country, to improve manufacturing productivity and efficiency. With support from national government policy and initiatives to boost digitisation in nonwovens manufacturing, industry majors and small-and-medium-sized business owners alike are pursuing greater use of industry 4.0 tech, noted the Europe-China Eco Cities Link Project, a project backed by the European Union (EU) and the Chinese government [1].…