
State govt aims for $350 billion economy by 2030, says CM
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Jaipur: Chief minister
Bhajan Lal Sharma
Tuesday reconfirmed the state govt's pledge to elevate Rajasthan's economy to a $350 billion scale by 2030. He said swift execution of
investment agreements
from the
Rising Rajasthan Global Investment Summit
will be crucial for achieving this economic target."Fulfilling
investor expectations is our responsibility," Sharma said during the review of MoUs across tourism, medical and health, medical education, textiles, apparel, automobiles, and electric vehicles sectors.
"We signed MoUs worth approximately Rs 37 lakh crore during the summit, and projects worth Rs 3 lakh crore are already being grounded."Directing district collectors to expedite land allocation decisions and provide investors with various site alternatives for consideration, the CM said, "Industrial growth will accelerate with these investments, creating abundant employment opportunities for our youth." He also instructed officials to maintain continuous communication with investors to address their needs, ordering designation of nodal officers for departmental coordination and faster implementation.

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The Print
21 minutes ago
- The Print
Kolhapuris get Prada makeover at Rs 1.2 lakh: Where's the credit, fume activists as label acknowledges ‘inspiration'
'I am deeply annoyed and disgusted by the way Prada has appropriated something deeply Indian and traditional — without giving any recognition to the craftspeople or the culture it comes from. This is a metaphor for how we in India often undervalue our own heritage, dismissing it as primitive or merely 'handicraft,' while the world repackages it as luxury,' designer and activist Laila Tyabji, who has worked with craftspersons for decades, told PTI. That the GI-tagged footwear, a symbol of Indian craft that goes back centuries was appropriated by the Italian luxury label which featured it in Spring/Summer 2026 show, led to a massive debate on cultural theft and giving artisans their rightful due. New Delhi, Jun 28 (PTI) The humble kolhapuri, style statement for affordable ethnic elegance and simply staple wear for many, catapulted to the rarefied runways of Milan with Prada rebranding the handcrafted chappal 'leather flat sandals' at Rs 1.2 lakh. The outrage was instant and intense. 'It's time we acknowledged that India holds extraordinary skills and knowledge systems. We must recognise, protect, and proudly present them to the world—before others steal and sell our identity back to us,' the Dastkar chairperson added. Several days later, as the debate escalated in India, Prada acknowledged the connection and said the design is 'inspired' by the Indian handcrafted footwear. It said the sandal featured in the men's 2026 fashion show is still at the design stage and none of the pieces worn by models on the ramp are confirmed to be commercialised. 'We are committed to responsible design practices, fostering cultural engagement, and opening a dialogue for a meaningful exchange with local Indian artisan communities as we have done in the past in other collections to ensure the rightful recognition of their craft,' Prada's group head for corporate social responsibility, Lorenzo Bertelli, said in reply to a letter by the Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA). The industry lobby had sought exploration collaborations and fair compensation to the artisans and also adherence to ethical fashion practices that respect traditional knowledge and cultural rights. For many though, the initial absence of credit for Kolhapuris, paraded as cutting-edge high fashion for clients who are the polar opposite of the regular Kolhapuri wearer, was the most important takeaway from the glam Milan moment. Kolhapuri chappals are typically handcrafted and manufactured in the Maharashtra town of Kolhapur, from where they take their name, and the surrounding districts of Sangli, Satara and Solapur. The craft has a legacy dating back to the 12th or 13th century. Originally patronised by the royals of the region, Kolhapuri sandals were crafted by the local cobbler community using vegetable-tanned leather and were entirely handmade — using no nails or synthetic components. They're also known for their signature T-strap shape, detailed braiding, and open-toe design — a perfect blend of practicality and fashion. In 2019, Kolhapuri chappals were granted GI tag status by the government of India, recognising them as a unique product tied to eight districts across Maharashtra and Karnataka. This legal status protects the craftsmanship and origin from imitation, and helps promote economic security for rural artisans. A PIL against Prada could well be in the works. GI expert and heritage rights advocate Ganesh Hingare is already collating documents to sue the luxury fashion brand for what he describes as 'intellectual property infringement under Section 22 of the GI Act'. 'This isn't the first time India has faced such appropriation. We've fought and won similar battles before — like in the turmeric patent case and the basmati rice case in the US. 'This is not just about a pair of chappals. This is about cultural theft, disrespect to artisans, and violation of India's GI laws. An apology is not just due to Kolhapur, but India,' Hingare, who has worked on over 100 GI-tagged products, including 59 from Maharashtra alone, told PTI. In Maharashtra, BJP Rajya Sabha MP Dhananjay Mahadik, who belongs to Kolhapur, led a delegation of traditional Kolhapuri chappal artisans to meet Chief Minister Devendra Fadnavis. Social media is also abuzz with accusations of cultural appropriation. Global footwear brand Bata called out Prada for rebranding what 'India has cherished for centuries'. 'It's a reminder that heritage always leads, and trends follow,' said Deepika Deepti, head of marketing at Bata India. 'The Kolhapuri chappal is not a 'design discovery' — it's a living tradition. At Bata India, we've proudly brought this craftsmanship to millions, long before it appeared on international runways. Real originality doesn't come with a luxury tag — it comes with legacy,' she said. The Prada projection has had an unexpected fallout. In Delhi's popular Janpath market, Ashok Grover has been selling a wide range of Kolhapuri chappals since the 1970s. Demand has been dwindling but suddenly there is a flood of inquiries. 'These luxury companies first invest, then go all out on marketing, create hype around products — which aren't even theirs — and finally slap an extravagant price on them. I saw the picture of that chappal — at best, it wouldn't cost more than Rs 2,000 to Rs 3,000. And here, I can't even sell the same article for Rs 1,000,' said the owner of Maujri Collections, one of the oldest shops in Janpath. When he started his business, the slippers were being sold for just Rs 10. So when and how did Kolhapuris really become a rage, part of the quintessential kurta, pyjama and ethnic jhola look loved by college students, aspiring politicians, and so many more. Some cite the 1979 Hindi blockbuster 'Suhaag' in which Amitabh Bachchan — who plays a cop — has a memorable exchange with a corrupt seth (businessman) : 'Yeh kya hai?' 'Chappal' 'Kaunsa?' 'Kolhapuri', as he takes off his slipper and slaps him hard with it. It's not just Kolhapuri chappals that have fallen prey to cultural appropriation. Experts also cite the humble Indian jhola, typically priced between Rs 200–300 in local markets, now being sold as a Rs 4,000 'India souvenir tote' on luxury American retail site Nordstrom. Traditional dupattas have been rebranded as 'Scandinavian scarves', while intricately embroidered lehengas are being passed off as trendy 'Y2K maxi skirts'. On the flip side, some fashion experts believe the sudden global attention on Kolhapur chappals can help fuel the revival of this traditional unisex footwear. Celebrity fashion designer Bhawna Rao believes the moment will 'spark curiosity, draw investment, and invite younger generations to engage with heritage crafts in new ways'. Shirin Mann, founder of footwear label NEEDLEDUST — known for reinventing the traditional Indian 'jutti' — said Prada has brought 'massive recall value' to the Kolhapuri chappal. 'Until now, it hadn't been considered part of the 'cool' or aspirational footwear space in India's luxury market… I truly believe in the ripple effect of what Prada has done. 'While it may not be a direct collaboration, the global visibility can be powerful, boosting awareness, reviving demand, creating jobs, and most importantly, sparking a renewed appreciation for the craftsmanship of the artisans,' said Mann, adding that global reinterpretations are inevitable, but they 'should come with context, credit, and ideally, collaboration'. PTI MG AA MIN MIN MIN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.


News18
25 minutes ago
- News18
Once A Milk Seller In Mumbai, Now Runs A Rs 10,000 Crore Empire: Rizwan Sajan's Journey
Last Updated: Starting small, Danube Group grew rapidly under Rizwan Sajan's vision, now posting $1.3B revenue with ventures in real estate, decor, and major projects across the Middle East The story of Rizwan Sajan—a teenager who once sold milk and stationery in the narrow lanes of Mumbai—is now a global source of inspiration. Today, he stands as the richest Indian-origin businessman in the UAE, with a net worth of around Rs 18,000 crore. He is the founder of the Danube Group, a global brand in building materials, real estate, and home décor. Born into a lower-middle-class family in Ghatkopar, Mumbai, Rizwan's journey was anything but easy. His father, a supervisor at Nathani Steel Private Limited, earned just Rs 7,000 a month, struggling to support four children. As the eldest, Rizwan walked 7–8 kilometres daily to attend school in Vidya Vihar. Life took a harsh turn when his father passed away when Rizwan was just 16, forcing him to take on the responsibility of supporting his family at a young age. Undeterred, Rizwan began selling books, stationery, and even delivering milk door-to-door. He recounted in an interview with Gulf News how challenging it was to manage school fees and household expenses. His relentless efforts and his uncle's support led to a job opportunity in Kuwait in 1981, where he started as a sales trainee earning Rs 18,000 monthly. How The Gulf War Changed His Life After eight years of hard work, Rizwan became a sales manager, but the Gulf War in 1990 disrupted his life again. Returning to Mumbai empty-handed, his resilience did not falter. He soon found work in a Dubai brokerage dealing in construction materials, where he gained crucial market insights. In 1993, he founded the Danube Group. Starting small, Danube Group quickly became a key supplier to the UAE's construction industry thanks to Rizwan's vision and business acumen. Today, the company's turnover exceeds $1.3 billion (around Rs 10,800 crore), with ventures spanning real estate, home decor, kitchen solutions, and infrastructure, including luxurious towers in Dubai and major construction projects across the Middle East. At 55, Rizwan Sajan's life is not just a tale of success but a narrative of resilience and integrity. Rising from Mumbai's slums to the billionaires' list in Dubai, he remains a beacon of hope for many aspiring youths with limited resources. Reports from Navbharat Times highlight his relentless hard work and determination that made him the wealthiest Indian businessman in the UAE. Personal Life And Philanthropy Rizwan resides in Dubai with his family and is actively involved in philanthropy. He supports numerous educational and health initiatives, particularly for children facing hardships similar to his own. Despite his immense success, his simplicity and humility remain his defining traits. First Published: June 26, 2025, 14:45 IST
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Business Standard
34 minutes ago
- Business Standard
GIC Re Dubai unit gets ₹90 cr VAT demand from UAE tax body, to seek review
The demand notice relates to discrepancies in VAT returns filed for January 2018 to December 2020, GIC Re said in a regulatory filing PTI New Delhi GIC Re on Saturday said its Dubai Branch has received a VAT demand notice of approximately Rs 90.42 crore from the Federal Tax Authority (FTA) of the United Arab Emirates. The VAT demand notice comprises United Arab Emirates Dirham (AED) 12,868,602.71 in net due tax and AED 25,966,807.36 in administrative penalties. The demand notice relates to discrepancies in VAT returns filed for January 2018 to December 2020, GIC Re said in a regulatory filing. GIC Re is currently reviewing the order in detail and intends to file a reconsideration request with the Authority within the statutory timeline, it said. There is no material impact on financials, operations or other activities of the Corporation due to the above-mentioned order, it said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)