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Search Results for: china

India sets its foot firm on ground to turn ‘Look East’ policy a reality
India’s “Act East” policy is Indian Prime Minister Narendra Modi’s revamp of the decades old “Look East” policy, which aimed to strengthen economic and strategic
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
Aditya Birla puts its VSF plant project in Turkey on hold
Aditya Birla Group has decided to put its viscose staple fibre plant project in Turkey on hold as the viscose market has been in a state of turmoil and the returns are lower, according to Manohar
Venus Group to bring textile manufacturing back to Chester County
Venus Group, a California-based manufacturer that makes linens, aprons, uniforms, towels and health care items will be investing $2.5 million to open a facility at 5918 Lancaster Highway, Fort Lawn
Zimbabwe cotton output on the verge of collapse
Zimbabwe cotton also known as the white gold had economically uplifted places such as the hot and semi-arid marginalized areas like Gokwe in the Midlands Province. Besides bringing in the much needed
Low cost countries rated Extreme Risk for working conditions says report
In a recent Labor Costs Index report, risk analytics firm Verisk Maplecroft, warned that companies would be wise to really weigh the risks posed by poor working conditions and high instances of child
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
Indian economy surges as other big developing market stumble
Multinational companies are looking to expand their Indian operations or start new ones as the stock market and rupee are surging. The growth in India's economy, long a laggard, just matched China's
Pak to resolve energy crisis in three years time
Prime Minister Nawaz Sharif at the opening of the ninth Expo Pakistan in Karachi said that this was the best time for foreign investors to invest in Pakistan, as the economic environment is
Cotton prices showing signs of recovery over the last one month
In the last week of January cotton prices ruled at at Rs14,420 a bale (170 kg) – near a five-year low which is some 14 percent below the levels seen at beginning of the cotton season, which
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