Month: August 2017

Arvind Lifestyle CFO expresses disappointment with GST infrastructure

Apparel major Arvind Lifestyle Brands Executive Vice President & Chief Financial Officer S Kannan has expressed his disappointment with the Good and Services Tax (GST) filing infrastructure. “We are disappointed about the filing infrastructure. There is a need to watch out for filing documentation. We need to have a robust system in place,” he said. Kannan is a chartered accountant with more than 23 years’ experience of working both in an MNC and Indian company environment. He has played a strategic role to ensure profitable growth of various business units. He has spent seven years in a CFO role,...

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TÜV Rheinland India signs MoU with EPCH

TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, one of the leaders in testing, training, inspection, consulting & certification, recently signed an MoU with Export Promotion Council for handicrafts (epch) to work together in building capacity and capability in the indian Handicraft sector. The MoU was signed by Rakesh Kumar, Executive Director, EPCH and Charan Singh, Regional Director, TÜV Rheinland India. “EPCH is an apex organisation engaged in promotion of exports of handicrafts from the country and project india’s image abroad as a reliable supplier of high quality of handicrafts goods and services,” said Rakesh Kumar, Executive...

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Intertextile Shanghai – Global apparel industry gathers to do business

As the global apparel fabrics and accessories industry prepares to gather in Shanghai this October for Intertextile Shanghai Apparel Fabrics – including suppliers from 25-plus countries and trade buyers from around 100 countries – exhibitors are gearing up for yet another edition of strong results. Occurring towards the end of the autumn/winter sourcing period, buyers come to the fair well informed of next season’s trends, and are in a unique position to be able to make their purchasing decisions from the around 4,500 exhibitors that will be present. The figures back this up: 84 per cent of buyers attending...

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Govt. of Telangana announces sops to boost textiles industry

The Telangana Government has announced a slew of sops, including capital subsidy, to boost the textiles and apparels sector in the State. The sops are part of the Telangana Textile and Apparel Incentive Scheme 2017 announced by the TRS Government with an aim to attract investments and generate job opportunities for the local population. According to a government order (GO) issued recently, the capital and operational incentives for the textiles and apparels industry will be applicable for both new as well as existing units for the next five years. “The incentives proposed here under shall be operative for a...

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DSM names Olivier Janin to Head Sales & Marketing DSM Dyneema

DSM is recently announced that Olivier Janin is joining the company as its Vice President of marketing and sales DSM Dyneema as of 1 September 2017. He will become a member of the Strategic Leadership Team of DSM Dyneema and will report directly to Golnar Motahari Pour, President DSM Dyneema. Janin has broad global experience in sales and marketing and P&L positions in the material science sector. Most recently he served as executive director of chemical sales in Europe for Saudi Arabia Basic Industries Corp. Prior to joining SABIC in 2007 he worked for GE Plastics and Imperial Chemical...

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