Global Sourcing


Famous Jute Products of West Bengal

OFFERED BY Prasenjit Mandal   West Bengal is one of the world's largest jute producing and processing regions. Innovations in jute products are helping to tap a larger consumer market. Industrial development in West Bengal dates back to the latter part of 19th century when jute mills were set up along the sides of river Hooghly. These were followed by engineering, iron and steel, cotton textile, chemicals and other industries. At present, important large scale industries in West Benga...

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India, China Take 60% of Gold Buying

In the quarter ended June, India and China together accounted for about 60 per cent to the global demand for gold. During the period, global demand fell 12 per cent.   Data compiled by Thomson Reuters and World Gold Council showed global demand stood at 856.3 tonnes during the quarter ended June, against 974.6 tonnes in the corresponding period last year. While jewellery demand rose 37 per cent to 575.5 tonnes, demand for gold bars and coins increased a staggering 78 per cent to 507.6...

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Nine key trends of global logistics

Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization.   “Several trends identified in the study demonstrate that a number of major challenges lie ahead as the world becomes a more complex place in which to operate logistically,” said Dr. Robert ...

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See Mexico Tequila on China’s Top Shelf

MEXICO CITY — China has finally invited Mexico to the party and is letting it bring its finest booze, ending a de facto ban on pure agave tequila.   Tequila makers are celebrating the long-awaited opening of China’s market after President Xi Jinping came here in May and, among other things, announced China would relax the restrictions that have prevented brands like Herradura, Patron, Don Julio, and José Cuervo from exporting there. The industry envisions positioning its tequila ...

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The Indian Breaking Coconut Ritual

  JULY#53       NEWS    ECONOMY  NORMS & REGULATIONS  UPCOMING EVENTS  News Agriculture: Centre sanctions Rs 75 cr to promote horticulture in Punjab +Info Pulses output might set another record +Info Automotive: Maruti Suzuki India to enter light commercial vehicles segment  +Info India to be world’s 3rd largest automotive market by 2016: HIS +Info  Renault open to more tie-ups in India  +Info Business agreements:  Saudi-India business ...

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Mexico Woos Chinese Tourists

Hundreds of thousands of Chinese tourists visit the United States each year, but fewer than 50,000 went to its southern neighbour Mexico last year. But Mexico's looking to change that.   Its tourism secretary Claudia Ruiz Massieu has been visiting Hong Kong and the mainland to woo Chinese investors and tourists.   She said that last year Mexico saw about 1,500 Hong Kong visitors and around 47,000 from the mainland. "We're looking to grow those flows" she added at the start ...

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