Samsonite, the well-known global luggage manufacturer and retailer intends to expand its production capacity in India by establishing the largest manufacturing operation in Maharashtra’s Nashik district. The corporation has two operating units in Belgium and Hungary in Europe. According to Jai Krishnan who is the CEO of Samsonite South Asia Pvt. Ltd in India, the … Read more
Minister of Electronics and Information Technology, Ashwini Vaishnav, took to social media platform X to announce achievement in the mobile industry. In a post, he revealed that the Indian mobile industry has experienced exponential growth, expanding by a remarkable factor of 20 in just nine years. Minister Vaishnav posted on X, “Met Mobile industry to … Read more
Production Linked Incentive (PLI) Schemes launched by the Modi government has resulted in over Rs. 1.03 lakh crore of investment till November 2023, the Ministry of Commerce & Industry said on Wednesday, 17th January 2024. A statement issued by the ministry said that this has led to production/ sales of Rs. 8.61 lakh crore and … Read more