India’s sugar production has seen a marginal decline to 280.79 lakh tonnes by 15 March 2024, compared to 282.60 lakh tonnes during the same period last year, according to data released by the Indian Sugar Mills Association (ISMA). The sugar marketing year in India runs from October to September, and the latest figures reflect the […]
Vinod Cookware, an Indian cookware manufacturer, has recently opened its latest manufacturing unit in Gundale village, Palghar district, Maharashtra. Covering an expansive 250,000 square feet, the newly inaugurated plant in Gundale is now the brand’s largest production unit. “This expansion aligns with Vinod Cookware’s existing operational setup, as all factories are currently located in Palghar, […]
The sugar production in India has registered a decline of 1.19 per cent during the 2023-24 market year (October-September 21) as recorded up to February this year. Indian Sugar Mills Association (ISMA) released a report for the production of sugar to the extent of 25.53 million tonnes (MT). In comparison to the past year, the […]
Prime Minister Narendra Modi affirmed to transformation of India into a Global Export Hub as he inaugurated the global textile event, Bharat Tex 2024 at Delhi’s Bharat Mandapam on Monday. “We have a firm belief that we will transform India into a ‘Global Export Hub’. In the last decade, we have added another new dimension […]
The sugar production in India experienced a decline of 2.48 per cent, totalling 22.36 million tonne until 15 February in the ongoing 2023-24 marketing year, according to the latest data released by the Indian Sugar Mills Association (ISMA). Comparatively, during the same period in the previous year, sugar production stood at 22.93 million tonne. The […]
A recent announcement by the Reserve Bank of India (RBI) directing Paytm Payments Bank to halt services by February end, has led local Kirana store owners to start using other payment apps for business. A survey conducted by Kirana Club indicates that 69 per cent of respondents use the Paytm QR code for daily transactions […]
Lotte Wellfood, a Korea-based FMCG firm, will establish a new manufacturing plant in Haryana to produce its product Lotte Pepero, the company announced in a press release on Wednesday. The FMCG major stated that it has set up more than Rs 200 crore for the establishment of this new production plant. “This investment aims to […]
Ikea, the Swedish omnichannel home furnishings retailer said that it will deliver its ecommerce deliveries to thousands of pin codes across 62 districts in the states of Maharashtra, Karnataka, Telangana and Andhra Pradesh. Susanne Pulverer, CEO & CSO (Chief Sustainability Officer), IKEA India shares, “IKEA has received a lot of customer love and trust over […]
Tobacco maker Godfrey Phillips India reported higher third-quarter profit on Monday, driven by growth in its core market and easing expenses. The company reported a consolidated net profit of Rs 212 crore for the quarter ended 31 December, up 6.6 per cent from last year. Total revenue from operations rose 34 per cent to Rs […]
Mahindra Logistics (MLL) has revealed that the construction of a warehousing facility in Phaltan, Maharashtra, with an investment of Rs 170 crore. The strategic move aims to cater to the rising demand in the region, particularly within the automotive and manufacturing sectors. Spanning 6.5 lakh square feet, the facility will be built in two phases. […]
