21 December 2021, Mumbai:

The state governments are responsible for production of all types of cotton including organic cotton.

The Department of Agriculture & Farmers Welfare (DA&FW) advocates for promotion of specialty/ organic cotton through user industry to enable farmers get maximum returns for produce.

Agricultural & Processed Food Products Export Development Authority (APEDA), Ministry of Commerce & Industry is the Secretariat for implementation of National Programme for Organic Production (NPOP). NPOP provides an institutional mechanism for accreditation of certification bodies and certification of organic processes & products.

Presently, raw organic cotton (seed cotton) is mandated under the certification of NPOP as notified under the Foreign Trade (Development & Regulation) Act of Directorate General of Foreign Trade (DGFT).

The processing such as ginning, spinning, knitting, weaving etc are not covered under NPOP as mandatory requirement for export from the country and the processed form of organic cotton is exported under private certification system.

To overcome all the challenges & issues of concern in the supply chain of processed form of cotton, on the advice of Ministry of Textiles, APEDA has developed and launched Standard for Chain of Custody for Indian Organic Fibres & Products in 2020, on voluntary basis under NPOP for certification of fibres from farm to made-ups.

Besides, the Government is promoting organic farming under the schemes viz., Parampragat Krishi Vikas Yojana (PKVY) and Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) since 2015-16.

Both the schemes provide end to end support for organic farmers from organic production to certification and marketing including post harvest management support like processing, packaging, storage etc.

Indian Council of Agricultural Research (ICAR)-Central Institute for Cotton Research (CICR) and All India Coordinated Research Project (AICRP) on Cotton have released 64 non-Bt (non-GM) cotton varieties/hybrids during 2017-2021 that can be adopted by organic cotton growers.

Nucleus/breeder seeds are available with the developer and seeds are being provided to organic cotton farmers after getting the indent. ICAR-CICR and AICRP on Cotton are helping farmers by providing source of breeder seeds and package of practices for organic cotton production

This information was given by Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in a written reply in Lok Sabha on December 21, 2021.

PIB (The news article has not been edited by DFU Publications staff)

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20 December 2021, Mumbai:

The most awaited Lulu Mall Thiruvananthapuram was inaugurated by Kerala Chief Minister Pinarayi Vijayan on 16th December.

Leader of Opposition - V D Satheeshan chaired the function. Food and Civil Supplies Minister G R Anil, Shashi Tharoor M P, Jose K Mani M P, P K Kunhalikutty, BJP State President K Surendran, Actor Mammooty, former Chief Minister Oommen Chandy, Ramesh Chennithala, Kadakampally Surendran and other dignitaries attended the function. UAE Foreign Trade Minister Dr. Thani Ahmed Al Zeyoudi was the Chief guest at the function, along with special invitee Dr. Ahmed Abdul Rahman Albanna, UAE Ambassador to India.

Chief Minister Shri. Pinarayi Vijayan lauded LuLu Group Chairman M.A.Yusuff Ali for his efforts to promote industrial growth in Kerala. In his inaugural address, Lulu Group CMD expressed his happiness over launching another dream for his state. He commented that Kerala is an investment friendly state and thanked the Government for the extended support. He also added that through this project alone, Lulu Group has been able to provide more than 10,000 job opportunities, natives included.

At the inaugural ceremony, the mall was awarded the Indian Green Building Council's Gold Certificate for environment-friendly construction. At an investment of 2000 crores, Lulu Mall- Thiruvananthapuram, is located at Akkulam, on NH 66 bypass, in close proximity to Technopark. With a built-up space of 2 million sq ft, the mall is spread across ground plus two storeys.

The mall has over 300 national and international brands, including the LuLu Hypermarket spread across 2 lakh sq. ft. Funtura, at 80,000 sq ft is the largest indoor entertainment zone in the country. Its biggest attractions include a nearly 1000ft long roll glider which circulates the food court; wall climbing for adults and kids; 6 lane bowling alleys; 6000 sq ft trampoline; Tag Arena; 7D theatre with interactive games; roller coaster; arcade games with VR zone; carousel and much more.

The Mall also features a 2500-seater food court, as well as several restaurants and cafes, that serve various regional, international and specialty cuisines.

With ample parking for over 3800 vehicles, supported by 8 floors of multi-level car park with direct connectivity to all floors of the mall and an intelligent parking guidance system that suit all types of car parks, customer convenience has been prioritized at the mall.

Some of the key brands at Lulu Mall, Thiruvanthapuram include Lulu Hypermarket, Lulu Fashion Store, Lulu Connect, Lulu Celebrate, Starbucks, Shoppers Stop, MAX, Westside, Pantaloons, Cold Stone Creamery, KFC, Calicut Paragon, Mc Donalds, Pizza Hut, House of Toys, Rado, Tissot, Swiss Time House, World of Titan, Body Shop, Nykaa Luxe, Forest Essentials, Go Sport, Puma, Skechers, Adidas to name a few.

The 12-screen PVR superplex will be launched next year. It includes P[XL] and 4 DX screens, premium LUXE auditoriums, apart from the mainstream, and one auditorium dedicated to children, the Playhouse.

Spectacular flagship store designs, combined with an abundant offering of food and entertainment, the mall will be a true destination mall for the people of Thiruvananthapuram and beyond.

Lulu Mall Thiruvananthapuram will have a key role to play in the Tourism sector of Kerala, just like its counterpart in Kochi. The mall opened to the public on 17th December.

LuLu Group International (The news article has not been edited by DFU Publications staff)

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• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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20 December 2021, Mumbai:

Indian Sellers Collective (ISC) on Monday welcomed the Competition Commission of India's (CCI) order to suspend its approval for Amazon's deal with the Future Group signed in 2019, while seeking speedy resolution of pending cases against the multinational e-commerce platform and related parties.

ISC, which claims to be an umbrella body bringing together trade associations and representative bodies of Indian sellers across the country, said the CCI's reversal "validates the double standards being practiced by foreign retailers".

It exposed "how Amazon has been operating with double standards - posing as a transaction platform while acting as a retailer in reality with the intent to control the country's retail market, it urges regulators to expedite all other pending cases against the company and its related parties", ISC said in a statement.

ET (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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21 December 2021, Mumbai:

The government is in the final stages of drafting new ecommerce rules, tweaking an earlier draft that had sought to tighten the regulations for foreign-owned marketplaces, including barring their affiliated entities from selling on the platforms and restricting flash sales.

The new version will be released soon, said a senior official of the Ministry of Consumer Affairs, Food and Public Distribution who did not wish to be named.

Top industry bodies representing the Tatas, Amazon, Walmart-owned Flipkart and others have opposed some of the proposed clauses in the earlier draft. Some of the key provisions have also not found favour with the finance and corporate affairs ministries, and the government's public policy think tank, Niti Aayog.

ET (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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20 December 2021, Mumbai:

IIJS Premiere, Bengaluru Show held in September 2021 was a 100% Covid event-free show. IIJS Premiere 2021 was the first IIJS Premiere Show in 36 years to travel out of Mumbai as a venue.

We are happy to inform you that exhibitors at IIJS Premiere, Bengaluru on average have received 30% to 40% new visitor traffic in their stalls.

Thus, the success of IIJS Premiere 2021 at Bengaluru in generating huge amounts of new business has certainly paved the way for the importance of different regions in India in driving new business. Based on such facts and market analysis we are happy to announce IIJS Tritiya 2022, the TRITIYA (3rd) version of IIJS from 24th to 27th March 2022 to be held at Bangalore International Exhibition Centre (BIEC), Bengaluru.

It is estimated from research that IIJS Premiere takes care of the festival season demand and IIJS Signature, the marriage season demand and hence this show will be catering to the Akshaya Tritiya & Eid festival.

Based on this the brand new show of IIJS Tritiya 2022 is aptly timed in March 2022 with the main objective to further help and connect deeper in the unexplored cities to get new visitors and give you new business.

Management claims,” It is positive like always that you will be supporting this endeavour of GJEPC to create new business for its members by giving trade the effective platform in the form of IIJS Tritiya”.

GJEPC (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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18 December 2021, Mumbai:

After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts.

Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 percent expansion in the global merchandise trade volume in 2022.

Exporters believe that the outbound shipments would cross the USD 400 billion mark in this fiscal going by the current momentum and may reach USD 475 billion in 2022-23.

ET (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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21 December 2021, Mumbai:

The Board of Directors of Bhandari Hosiery Exports Limited in their duly convened meeting held today i.e. Tuesday the 21st Day of December, 2021 has discussed and approved the proposal for revised scheme of Merger of Tikani Exports Limited ('Transferor Company'), with and into Bhandari Hosiery Exports Limited ('the Company' or 'Transferee Company') and their Shareholders and Creditors, under Sections 230 to 234 of the Companies Act, 2013 and other provisions of the Companies Act 2013 (including any statutory modification or re-enactment or amendment thereof) as per the terms and conditions mentioned in the Scheme of Merger placed before the Board.

Further we inform that previously filed scheme was revised due to changes in fresh valuation report given by registered valuer and Merchant Banker. Bhandari Hosiery Exports Limited (the Transferee Company) is engaged in fabric dyeing, fabric processing, fabric knitting and the manufacturing of garments and fabrics. Tikani Exports Limited (the Transferor Company) is engaged in fabric dyeing and manufacturing of garments.

The consolidation of entities with similar functions, would result in, operational and administrative efficiencies, optimum utilisation of infrastructure facilities and available resources, reduction in costs by focused operational efforts, rationalization, standardization, simplification of business processes and elimination of duplication of managerial efforts.

Upon the Scheme of Amalgamation becoming effective, based on the Valuation Report issued by independent IBBI registered Valuer and share exchange ratio recommended therein, all the equity shareholders of the Tikani Exports Limited (Transferor Company) will be allotted equity shares in Bhandari Hosiery Exports Limited (Transferee Company) in the ratio of 1.7684623 equity shares (having face value of Rs. 1/- each) in Bhandari Hosiery exports Limited for one equity share (having face value of Rs. 10/- each) of Tikani Exports Limited Bhandari Hosiery Exports Limited.

Shares of Bhandari Hosiery Exports Limited was last trading in BSE at Rs. 8.05 as compared to the previous close of Rs. 8.47. The total number of shares traded during the day was 701665 in over 489 trades.

The stock hit an intraday high of Rs. 8.75 and intraday low of 8.05. The net turnover during the day was Rs. 5751057.00.

EQUITY BULLS (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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20 December 2021, Mumbai:

Esprit, the American watch brand, has appointed Bollywood actor Ananya Panday as its celebrity brand ambassador.

Esprit's India partner AP Group looks to pursue an aggressive expansion plan for Esprit watches in India and the "brand is eyeing to regain the market share in the watch category, the company said.

Marco Sirber, founder and chief executive officer, Time Management Services (TMS), the official licensee of Esprit Watches, said, "The Indian market is very important to us as we do see that customers are always looking for new designs and trends.

We are ready to bedazzle Indian customers with a specially crafted range of watches just for them. Pandey being a youth irem is the right choice to bring on board to re-create the connection of Esprit with Indian youth".

BRAND EQUITY ET (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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18 December 2021, Mumbai:

Telangana Industries Minister KT Rama Rao on Sunday urged the Centre to withdraw its proposed plan to increase GST rates from 5 per cent to 12 per cent on garments and fabrics from January 1, 2022 In a letter to Union Textiles Minister Piyush Goyal, Rama Rap said for the past two years, the handiooms sector has been going through a difficult phase due to coronavirus pandemic, an official release said here.

"At this juncture, revising the GST (rates) from the current 5 per cent to 12 per. cent would serve a death blow to the industry," said Rama Rao. After the agriculture sector, textiles and handlooms sector provide the highest employment in the country.

Considering the current scenario, the need of the hour. was to extend additional advantages and incentives to the sector, he said adding the decision to increase GST rates on textiles and handlooms is not wise.

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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20 December 2021, Mumbai:

Designer Kunal Rawal has entered the premium kidswear segment with the launch of his new kidswear collection ‘Boyhood’. The collection has been designed for boys aged 4-16 years and features the brand’s signature silhouettes coupled with thread work techniques emphasising comfort and functionality.

The collection features traditional, as well as fusion looks that include bandhgalas, dhotis, koti jackets, shawls, kurtas, jackets, and sweatshirts. The collection has been launched with a campaign featuring Zreh & Zane Adajania, Zephyr Panthaky, Nidheesh, Vansh Premnarayen, Aushim Sagar, and Kabir Kulchandani.

Commenting on the new collection, Kunal Rawal in a statement said, “While the market is saturated with kids wear pieces, what was truly needed was an amalgamation of modern and intricate designs which also offer an ultimate sense of comfort. I have been lucky to meet a lot of cool kids who have also inspired me to create distinctive pieces like these and do justice to them.”

The Boyhood collection will be available at the designer’s stores and website.

FASHION NETWORK (The news article has not been edited by DFU Publications staff)

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DAILY NEWS:

• Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

• Consumers will determine growth of sustainable fashion e-comm in India

• Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

• Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

• Nike strengthens retail presences with new store at DLF Mall of India,Noida

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