The industrial body of India, Associated Chambers of Commerce and Industry in India (ASSOCHAM) has declared an increase in the prices of the steel products to 10%. In the recent financial budget, Pranab Mukherjee increased the import duty on non-alloy flat steel products from 5% to 7.5%. This may also lead the industry to loss […]
If data revealed by Assocham is to be believed, India accounts for 15% of global footwear production, producing 300 pairs of shoes annually and exporting 10% of these. The study undertaken by Assocham also reveals the per capita consumption of shoes in India which comes out to be 2.5 shoes per year. The fact that […]
As inflation started showing signs of decreasing a lot of changes have taken place in the market. Headline inflation fell to 7.47% in December 2011, from 9.11% in the previous month. This is the lowest inflation value in the past two years according to the report given by Wholesale Price Index (WPI). Assocham, The Associated […]
