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India is Egypt's 10th largest export destination and also the 10th largest import source and hence Egypt is keen on boosting economic cooperation with India specially in developing small and medium enterprises.

The promoters of Mumbai-based Donear Group acquires OCM Woolen Mills as part of the strategy to consolidate their top position in Indian textiles industry. The acquisition of OCM will enable the Donear Group to expand its range of products to the Indian consumers for all weather conditions and for all occasions. OCM manufactures a premium range of high-quality all-wool and wool-blended worsted suiting fabrics.

Vietnamese consumer market is growing, and stiff competition could motivate domestic firms to change their production methods and business practices in order to stay in business.Since the early 2000s, a series of world famous fashion houses targeting the middle-income group has entered Vietnam, including Spain’s Mango, UK’s Oasis and US’s GAP. Sweden’s Hennes & Mauritz (H&M) and Spain’s fashion giant Zara are among the latest entrants in the last few months.

The Indian Oil Corporation Ltd (IOCL) recently signed two agreements at the Petrochemical Investors Conclave in Bhubaneswar. The first was with the Industrial Development Corporation of Odisha (IDCO) to set up a plastic manufacturing park in Paradip and the second with purified terephthalic acid manufacturer MCPI Ltd for a textile park in Odisha state. 

To provide GST relief to the poor, the Centre should lower taxes on over 100 items of mass consumption like upma, besides bringing petro products under the new tax regime, said Karnataka minister Byre Gowda.

The promoters of Mumbai-based Donear Group have announced the acquisition of OCM Woolen Mills. The acquisition of OCM, which manufactures a premium range of high-quality all-wool and wool-blended worsted suiting fabrics, will enable the Donear Group to expand its range of products to the Indian consumers for all weather conditions and for all occasions.