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.
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.
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.
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.
"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.
As a new wave of eco-consciousness hits consumers and countries, navigating the lines between people, planet and profits becomes more challenging for marketers.
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, founded in 2017, is solving business banking challenges by offering a platform that helps SMEs and startups automate and run their finances effectively.
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.
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.
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.
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.
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.
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.
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.
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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