Swiss luxury watch brand Norqain, which entered India in 2022 in collaboration with Ethos, is eyeing a 5 per cent revenue contribution from the Indian market by FY 26 end, Tobias Kueffer, VP and member of the owner-family, Norqain told ETRetail in an exclusive interview. The brand believes that the Indian market is going to…
NEW DELHI: Prime Minister Narendra Modi on Wednesday lauded the efforts of each and every one who contributed to the success of his dream “Make in India” launched on September 25 in the year 2014. “Today is an occasion to salute each and every one of you who has made this initiative a roaring success….
BHUBANESWAR: RBI governor Shaktikanta Das expressed confidence Saturday that GDP growth rate would meet the central bank’s projected 7.2% in the current financial year, driven by a monsoon-induced farm fillip and an uptick in govt spending that had been dampened by election-related causes in the first quarter.Das attributed the slower growth of 6.7% in first…
Apple’s expanding business in India has catalysed significant growth at Tata Electronics, propelling the homegrown company to a pivotal position within the global smartphone manufacturing industry. According to recent filings with the Registrar of Companies (RoC), as reported by The Economic Times, Tata Electronics witnessed an astounding ninefold increase in sales year-on-year, with revenues soaring…
NEW DELHI: Apple is finally set to make the highly-coveted and technologically-sophisticated Pro series of iPhones in India, in a big affirmation to the country’s Make in India initiative and the quality of manufacturing. However, there are “no immediate plans” to assemble the iPad tablets and the MacBook laptops in India for now, sources told…
Leather and footwear exporters body CLE on Tuesday sought an extension of the Production-linked Incentive (PLI) scheme for the sector with a view to boost job creation, domestic manufacturing and shipments. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, Council for Leather Exports Chairman Rajendra Kumar Jalan also urged the government to provide import…
MUMBAI: Tata Electronics is in an advanced stage to take control of Taiwanese company Pegatron‘s India unit as it looks to expand its electronics manufacturing business and strengthen its relationship with Silicon Valley tech heavyweight customer Apple. The deal, if concluded, will be Tata Electronics’ second acquisition after Wistron InfoComm Manufacturing (India).A Tata Group source…
Renowned as a hub for readymade garments, Indore has been seeing a steady demand for the apparel category in the festive and wedding season over the last few months. The city, as per estimates, is home to over 2500 small and medium-sized garment manufacturers. As per a report in The Times of India, demand for…
