The vibrant Indian startup ecosystem has matured enough with the growing number of entrepreneurs and investors along with support from industries and academia to take it to greater heights, Ambassador of European Union (EU) to India Tomasz Kozlowski said on October 20. Speaking at the Startup Eur…
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India beats the world in domain growth with 12% in 3 years: Report
The domain name industry in India has grown nearly 12% in the past three years, much higher than the global average of 8.7%, and using domain names effectively could positively impact the top line of small and medium businesses, according to a study by research firm Zinnov. The study found that a…
Rajasthan has emerged as hub of textile industry: State Industry Minister, Gajendra Singh Khimsar
Rajasthan has emerged as a pre-eminent hub for the domestic textile industry with a presence across the entire value addition chain from spinning to garments, a Minister said. Speaking at the inauguration of textile exhibition Vastra, Rajasthan Industry Minister Gajendra Singh Khimsar said that d…
Govt to provide all support to gems & jewellery sector: Nirmala Sitharaman
The government will extend full support to the gems and jewellery exports as it is recording healthy growth at a time when outbound shipments are facing challenges, Commerce and Industry Minister Nirmala Sitharaman said on October 20. India has made a big difference in gems and jewellery trade at…
Why hiring the right person is the most important challenge before a start-up
Software engineer Aatmaprem Aarya was working on a deadline. He was building a website that could fetch information from a database. For an engineer like Aarya with three years of work experience in a large software product company, it was an easy task. But his future employer, Boomerang Commerce…
Strategy of trusting entrepreneurs failed in India, says Rocket Internet
German internet conglomerate Rocket Internet’s Asia-Pacific CEO Hanno Stegmann said the company’s global strategy of putting its trust on entrepreneurs failed in India. The company has learnt that such strategies won’t work everywhere and is now applying the learning globally, S…
Organic apparel brand Bhu:sattva plans to enter US & Canada
Organic and eco-friendly apparel label Bhu:sattva is planning to set up shop in the US and Canada and enter a range of accessories next year. The US and Canada spend a lot on apparel. While America accounts for 26.69 per cent of the world market, the average Canadian household incurs an annual ex…
Indian polyester market demand grows 14% in Q2 FY17: RIL
The Indian polyester market witnessed a demand growth of 14 per cent year-on-year (YoY) in the second quarter of FY17, says the financial performance report of Reliance Industries Limited (RIL). Polyester filament yarn lifting was healthy for grey and finished fabrics during 2Q FY17 and there was…
FoIJ demands establishment of Food Park for MSME sector
Jammu: Federation of Industries Jammu (FoIJ) has demanded establishment of Food Park for the MSME sector in the State. Chairman, of the Federation of Industries, Jammu Lalit Mahajan along with Ajay Langer, General Secretary, BBIA and Viraaj Malhotra Secretary/ Treasurer, BBIA attended one day “Co…
Enhancement to India’s PPP model could boost infrastructure investment, Moody’s says
Coimbatore: Enhancement of India’s (Baa3 positive) public-private partnership (PPP) model could help attract more private sector investment towards infrastructure projects, and thus help address the country’s very large infrastructure needs, Moody’s Investors Service has said. &…