Total cotton consumption in India is likely to increase to 313 lakh bales in the current crop season as compared to 312 lakh bales during the previous year, according to the Cotton Corporation of India (CCI). The acreage under cultivation could decrease by 12 per cent to 105 lakh hectares but pro…
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A mobile app that helps small Indian businesses go cashless
Tackling digital payments may seem daunting for a shop owner who has always operated with cash, Singapore-based Shopmatic has released a product that might help. Shopmatic lets users in India, Singapore, and Hong Kong build their own online stores, complete with a payment gateway. This month, the…
Textile machinery industry to touch Rs 35k cr in 5 yrs
Mumbai: The size of domestic textile machinery industry is poised to hit Rs 32,000-35,000 crore in the next five years from the present Rs 22,000 crore on the back of government initiatives like ‘Make in India’, an industry member said. “The textile machinery manufacturing secti…