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India’s nascent wine market is dominated by domestic brands trying to overcome low awareness about wine among Indian consumers, while dealing with high taxation and cumbersome trading regulations. However, these wine companies are confident of achieving high sales growth in the short and medium term, with market projections looking healthy, even if they vary widely.…

The benefits to knitwear manufacturers of investing in sophisticated machinery and software may be undeniable, but when an industry can call on a large pool of cheap human labour, companies need to see clear financial benefits from acquiring such tech.

This dilemma is particularly stark in south Asia textile and clothing outsourcing centres, where labour can be particularly low cost.…

Anti-fraud managers see the same old tricks and swindles repeatedly, even if repackaged and more digitalised than in the past. But why do people keep falling for well-worn scams?

To some extent it is that there are more fraud attempts targeting more people, who lack experience of such deception.…

Anti-fraud professionals are offered substantial amounts of training, conferences and mentoring – but a lot can be learned the old-fashioned way – with an informative book. There are guides for the relatively uninitiated. Take ‘The Complete Idiot’s Guide to Private Investigating, Third Edition: Discover How the Pros Uncover the Facts and Get to the Truth’ by Steven Kerry Brown.…

Fraud is sometimes downplayed as a ‘victimless crime’, especially when companies are the direct victims. While that is obviously untrue, frauds associated with food that can directly harm consumer health give the lie to this statement. It is one reason why food fraud is a clear priority problem for international policy makers.…

In late-July, the European Investment Bank (EIB) agreed on the financing structure of NeuConnect, the first ever energy link connecting Germany and the United Kingdom, two of the largest electricity markets in Europe. The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).…

European Union (EU) confectionery, chocolate and biscuit industry association CAOBISCO has called on the EU to take a smart and integrated approach when amending and approving a planned EU directive on corporate sustainability due diligence. Proposed by the European Commission in February (2022), the law would insist that larger companies identify, prevent, end or mitigate their adverse impacts on human rights, (such as child labour and worker exploitation), and the environment, (such as pollution and biodiversity loss).…

The need to reduce the environmental impact of the dairy sector, promoting sustainability, may limit the growth of the industry internationally, but the world’s largest milk producer, India, is projected to double its turnover within the next five years, a global conference has been told.…

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

Ukraine’s textile and clothing manufacturing sector has been devastated by Russia’s invasion of its country from February 24, with an industry already suffering from economic weaknesses being hit hard by war.

The country’s light industry production, including textile, clothing, leather, and other materials, contracted by some 12.4% in 2019, according to Ukrlegprom, the Ukrainian Association of Enterprises of the Textile and Leather Industry) (1).…