FICCI news and archive

Amazon, FICCI-CMSME team up to give global footprint to Indian e-com

Amazon is partnering with FICCI-Confederation of Micro, Small and Medium Enterprises (CMSME), the affiliated body under FICCI to conduct training events and workshops across the country focused on its Global Selling Program. The aim is to educate exporters and manufacturers about B2C exports using the e-commerce road and enable them to sell...

Apparel

K V Thomas bets big on Indian retail market

The domestic retail market is poised to touch 1.3 trillion dollars (79,15,700 crores) by 2020 and the industry has the responsibility to provide quality goods and services at affordable prices, consumer affairs minister K V Thomas has said. He points out that consumer behaviour is going through a transition with trends like online shopping. With...

Apparel

Studies signal low consumer spend this festive season

Retailers’ worst fears seem to be turning into reality. A recent CluFin survey, shows consumer confidence is at its lowest level in 2012, which means consumers are not likely to spend on anything that isn’t essential. At 36.7, the Consumer Confidence Index for September weighed 2.9 points below the August level -- the biggest month-on-month...

Apparel

‘Global retailers optimistic about Indian market’, says PwC

Despite uncertainties, global retailers are still bullish about the Indian market, said Rachna Nath, Executive Director, India Leader for Retail and Consumer, PricewaterhouseCoopers. With the economies of developed markets witnessing turmoil, “Over 50 per cent of retail CEOs we spoke to, for our annual global survey, believe the emerging...

Apparel

FICCI-TAG ’11: Focuses on sustainability

The TAG 2011 Conference, organized by FICCI recently, focused on innovation and sustainability in the textile and apparel industry. Current innovations throughout the textile and apparel value chain and the growing demand and challenges of sustainability in the Indian textile and apparel industry were discussion points. Inaugurating the...