Policy support is crucial to ensure that exports remain competitive.
West-Bridge Capital is in talks to pick up 30% more in Vini Cosmetics from Sequoia, promoters.
The 4 billion dollar brand had opened seven retail outlets across Delhi, Mumbai and recently Chennai since its entry in July 2018.
Tata group co expects revenue growth to slip to 12% amid tepid demand, though it expects market to recover after six months.
This facility of duty-free replenishment of precious metals was stopped after the implementation of the goods and services tax (GST).
Its collections Heritage, Endeavour, Pioneer, Swiss Alp Watch and Venturer will now be available here.
The fragrance maker said the thrust on the international markets would help the company to increase revenue by 20-30 per cent in the next few years.
Jewellers from the south Indian state of Kerala are expecting gold sales to go up by 25% -30% during the upcoming Onam and marriage season.
With big brands clocking double-digit growth rates, the colour cosmetics category has bucked the slowdown.
Nearly 60,000 diamond workers are currently jobless across Gujarat, of which 13,000 are from Surat.
The US-based jeweler’s top executive says the time is finally right.
The Centre plans to notify the new regulation in the World Trade Organisation (WTO) in a week’s time, said Anantha Padmanabhan, chairman, All India Gems & Jewellery Domestic Council.
India is the world's largest cutting and polishing centre of rough diamonds, processing as many as 14 out of every 15 rough diamonds in the world.
Janne Einola, country manager at H&M India, said retailers require on an average 17 licences — and that could go up in many states — to open a store.
India is the world’s largest importer of gold, with annual consumption at 800-900 tonnes. Imports were $8.45 billion in the same period of 2018-19.
Organised jewellers say smaller outlets are sourcing the metal through illegal means.
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