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Power2SME's, Spirit of Manufacturing Awards, to recognise innovation in India's SME sector

These awards are dedicated to applauding innovative entrepreneurs in the manufacturing industry. They're designed to re-iterate the importance of the manufacturing sector and will help create visibility for the manufacturing industry and in turn, encourage further innovation.

BHIM UPI goes international; QR code-based payments demonstrated at Singapore FinTech Festival

This would allow SMEs, within and across borders, to match their demand and supply along with provision of ancillary services such as credit facilities, insurance, logistics, and legal and professional services, said the commissioner.

How Arvind Ltd is putting a spin on cotton cultivation and farmer fortunes

From sowing to harvest, not much has changed in the way cotton is grown in India. Even mechanisation is not widely prevalent, and the cotton seed itself has seen very few advancements. Enter Arvind Ltd. With interests ranging in textiles, garments and environmental solutions, the company has partnered with Better Cotton Initiative (BCI), a not-for-profit global organisation, since 2010. The BCI concept has been about growing cotton with controlled application of water and use of approved fertilisers and pesticides. The company which had 10,000 acres of land under BCI cultivation engaging 4000 farmers expanded to 100,000 acres in FY 19 with 26,000 farmers under its ambit. The plan is to scale it up further to 150,000 acres for BCI by FY 20.

Renewables are booming, but not fast enough to cap greenhouse emissions

The IEA’s report tracks the different paths the world can take, with government policies shaping the energy industry. While clean energy leaves some reason for optimism, the gap is widening between what scientists say is necessary and how industry’s energy needs are evolving.

Some e-retailers indulged in predatory pricing: Piyush Goyal

"I would like to highlight the adverse impact of predatory pricing indulged by some e-commerce players which adversely impact millions of small retailers. It is important for e-commerce to follow the letter and spirit of the law," Goyal said at the BRICS trade ministers meeting. He further added that the need of the hour is to develop digital infrastructure.

Can marketing be a force for good?

As a new wave of eco-consciousness hits consumers and countries, navigating the lines between people, planet and profits becomes more challenging for marketers.

Factory output shrinks 4.3%; Lowest in almost 8 years

As per the Index of Industrial Production (IIP), factory output contracted 4.3% in September, the lowest in almost eight years in this series, which began April 2012 (with 2011-12 as the base year) and the lowest since October 2011when compared with the earlier series with base year 2004-05. IIP had contracted 5% in October 2011.

Open partners with Visa to launch credit card for startups, SMEs

Open, founded in 2017, is solving business banking challenges by offering a platform that helps SMEs and startups automate and run their finances effectively.

LinkedIn launches ‘Open for Business’ feature globally for SMEs

The Open for Business feature also allows members looking for services to search and filter results on the platform. This helps them determine which service providers are available and best-suited to fulfil their professional needs.

H&M's CEO talks about a 'terrible' threat to the fashion industry

Fashion has taken heat in recent years for the industry's role in producing 10% of global greenhouse gas emissions through manufacturing and distribution, in addition to water pollution, textile waste, and social burdens of low-quality working conditions.

CAIT refuses to work with online marketplaces to help Kiranas

The Confederation of All India Traders (CAIT) on Friday said it was unwilling to work with ecommerce marketplaces Flipkart and Amazon to develop small offline traders.

In the future of manufacturing, what's your strategy?

In the future of manufacturing, what's your strategy?

Can embracing an innovative approach also translate into commercial gains? Experts are of the view that the nation's manufacturing firms will need to focus on developing capabilities in innovation and not merely rely on jugaad.

WhatsApp introduces catalogs for small businesses

WhatsApp introduces catalogs for small businesses

The catalog feature is available to businesses using the WhatsApp Business app on both Android and iPhone in Brazil, Germany, India, Indonesia, Mexico, the U.K. and the U.S. It will be rolling out around the world soon.

Smokeless, flameless stoves are powering Rashtrapati Bhavan and PMO’s kitchen

Smokeless, flameless stoves are powering Rashtrapati Bhavan and PMO’s kitchen

Cook stove may not be the ideal product to innovate, but Hari Rao clearly saw an opportunity. Despite challenges, Rao had the fire in his belly to start Agnisumukh, a biogas-based automated cooking equipment that saves more than 30% gas fuels.

75 litres of water goes in making your jeans

75 litres of water goes in making your jeans

While it takes 75 litres to make one pair of jeans, Arvind can get it done in 15 litres using foam dyeing and different finishing technologies. Their aim, in fact, is to move towards waterless dyeing of denim in the next few years.

It takes 75 litres of water to make your jeans. Can it be brought down to zero?

It takes 75 litres of water to make your jeans. Can it be brought down to zero?

Textile is one of the largest water consuming industries, next only to power and steel. Manufacturing clothes is water intensive, but technological innovations can make it possible to manufacture your favourite pair of denim without a drop of water.

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