Latest news with #Indian-manufactured
Time of India
10 hours ago
- Business
- Time of India
Move away from China: Shein & Reliance aim selling ‘Made in India' clothes abroad; to list India-made clothes on US, UK websites
Shein's initial strategy involves featuring Indian-manufactured clothing on their US and British e-commerce platforms. (AI image) Shein, in collaboration with Reliance Retail, aims to significantly broaden Indian manufacturing network and start international sales of Shein-branded apparel produced in India within six to 12 months. The e-commerce company, which originated in China but is now based in Singapore, had initiated discussions with the Indian retail giant before the United States implemented tariffs on Chinese imports. T hese tariffs subsequently heightened the urgency to diversify production sources. The partnership intends to increase the number of Indian suppliers to 1,000 from the current 150 over the next year, sources told Reuters. Shein offers affordable clothing, including $5 dresses and $10 jeans, directly shipping from 7,000 Chinese suppliers to consumers across 150 countries. Their primary market remains the United States, where they are adapting to new tariffs on low-value e-commerce shipments from China, which previously entered duty-free. Shein & Reliance Retail Plans Initially entering the Indian market in 2018, Shein faced a ban in 2020 during governmental actions against Chinese-affiliated companies amidst border conflicts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo The company re-entered India in February through a licensing agreement with Reliance Industries unit, launching which sells Shein-branded attire manufactured in domestic factories, differing from their other international websites that predominantly feature Chinese-made products. Reliance, under the leadership of Mukesh Ambani , currently Asia's wealthiest individual, has engaged with 150 clothing manufacturers and is negotiating with an additional 400. The initiative aims to establish a network of 1,000 Indian manufacturing units within 12 months, producing Shein-branded apparel for both domestic consumption and international distribution through Shein's global online platforms. According to one source, Shein's initial strategy involves featuring Indian-manufactured clothing on their US and British e-commerce platforms. Shein confirmed through an official statement that it has granted brand licensing rights to Reliance for the Indian market, stating that Reliance "is responsible for manufacturing, supply chain, sales and operations in the Indian market." Shein, a prominent fast-fashion company, generates annual revenue exceeding $30 billion through competitive pricing and intensive marketing strategies. While China remains its primary manufacturing base, the company also produces goods in countries including Turkey and Brazil. The company's growth in India reflects a broader trend, with international retailers like Walmart showing increased interest in the Indian market. This shift is particularly notable among businesses seeking alternative supply chains outside China due to ongoing US-China trade tensions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
Business Standard
28-05-2025
- Business
- Business Standard
Construction equipment industry may see double-digit growth in FY26: ICEMA
The domestic construction equipment industry is likely to register double-digit growth in the ongoing financial year as the pace of project execution, which has shown some positive momentum, is expected to grow further, ICEMA said on Wednesday. Speaking with reporters here, Indian Construction Equipment Manufacturers' Association (ICEMA) President V Vivekanand said, "Our expectation this year is that we should actually get back to double-digit growth." "But overall, as an industry, I am confident that we will have double-digit growth. Double-digit means at least 10 per cent growth compared to the previous year, which would mean that our 10-billion-dollar industry is likely to be at least 11 billion dollars by next FY26," The Indian construction equipment industry achieved a 3 per cent growth in FY25, with total equipment sales reaching 1,40,191 units compared to 1,35,650 units in FY24. While domestic market growth remained subdued at 2.7 per cent, the industry's overall performance was better due to a 10 per cent surge observed in exports, reinforcing the country's position as the world's third-largest construction equipment market. "The three per cent growth in FY25 demonstrates the resilience of India's construction equipment industry, particularly in challenging domestic market conditions. While we faced headwinds during the election period that impacted domestic demand, the remarkable 10 per cent surge in exports validates the global competitiveness of Indian-manufactured equipment. "This export momentum positions our industry well as we work towards meeting the anticipated higher demand for construction equipment in the coming years," he said. Earthmoving equipment continued to dominate with 71 per cent market share, recording 99,159 units sold (6 per cent growth). Backhoe loaders sales were 53,133 units (54 per cent share), followed by crawler excavators at 35,816 units (36 per cent share). Material Handling Equipment accounted for 17,050 units, while concrete equipment contributed 14,473 units with a 3 per cent growth. Road construction equipment achieved 7,002 units, and material processing equipment recorded 2,507 units. Looking ahead, the industry expects higher demand for construction equipment driven by anticipated infrastructure investments and economic recovery. However, to capitalise on this expected growth, the sector will require necessary government support including policy interventions to stimulate domestic demand, facilitate financing access, and address supply chain challenges. The industry's strong export foundation, combined with robust domestic manufacturing capabilities, positions it well to meet future demand provided appropriate support mechanisms are implemented, it said. ICEMA is the apex body representing leading construction equipment manufacturers in India. ICEMA's members account for over 95 per cent of the construction equipment manufactured and sold in the country.
New York Times
28-01-2025
- Health
- New York Times
Hawaii Governor, a Doctor, Blames Kennedy for Measles Deaths in Samoa
It was a spasm of tragedy on a remote Pacific island that only a few months later was overshadowed by a global pandemic. But to Gov. Josh Green of Hawaii, the measles outbreak on neighboring Samoa that killed 83 people, mostly babies and children, was a preventable catastrophe wrought by the man President Trump now wants to steer American health policy. In December of 2019 Dr. Green, an emergency medical physician and Hawaii's Democratic lieutenant governor at the time, rounded up a medical team and thousands of vaccine doses and flew to Samoa to help. Last month he flew to Washington aiming to alert lawmakers from both parties about the role Robert F. Kennedy Jr., Mr. Trump's nominee for health and human services secretary and a longtime vaccine skeptic, played in the Samoa outbreak. Mr. Kennedy's confirmation hearings are on Wednesday and Thursday before two Senate committees, which will then vote on whether his nomination advances to the full Senate. Democrats are attempting to leverage Mr. Kennedy's connection to the Samoa outbreak to build opposition to his nomination. Dr. Green recently appeared in an ad by a liberal advocacy group, 314 Action, saying, 'R.F.K. Jr. had spread so much misinformation that the country stopped vaccinating, and that caused a tragic and fatal spread of the measles.' In an interview on Monday, Dr. Green said that based on his conversations so far, if the full Senate vote was taken anonymously, 'R.F.K. Jr. would be defeated 70-30 or worse.' At the same time, he said, 'the political climate has everyone under great pressure to go with the president, or be labeled disloyal.' A spokeswoman for Mr. Kennedy did not respond to requests for comment on Tuesday. In the past he has blamed Samoa's measles outbreak on 'an Indian-manufactured MMR vaccine,' referring to the measles, mumps and rubella vaccine. Dr. Green, 54, arrived in Hawaii in 2000 as a young physician with the National Health Service Corps, and was often the only doctor serving small rural communities on Hawaii's Big Island. After he was elected to the state legislature in 2012, he cared for patients on weekends. He was barred from outside employment after he was elected governor in 2022, but he says he volunteers as a 'street medicine' practitioner offering health care to unsheltered veterans and other people in need. Samoa's outbreak had its roots in a tragic error. In 2018, nurses preparing MMR vaccines mixed the doses with a muscle relaxant instead of water. The tainted shots caused the deaths of two infants and ratcheted up parents' fears about the safety of vaccines. Vaccination skeptics often wrongly link childhood vaccines to autism, and after the incident Samoa's prime minister, whose grandson happens to have autism, halted the island nation's vaccination program. As a result of the deaths and the ban, fewer than one-third of Samoa's 1-year-olds received the MMR vaccine in 2018, down from as high as 90 percent in 2013, according to the World Health Organization. Infections began to surge. Children's Health Defense — a group led by Mr. Kennedy that in 2022 was banned for a time from Facebook and Instagram for what the platforms said was the spread of medical misinformation — posted news of the prime minister's decision to stop the vaccine program on its website. Both Mr. Kennedy and his friend Del Bigtree, who is also skeptical of vaccines, have large, international online followings, and they used the two babies' deaths to underscore their message about the dangers of vaccines. Mr. Bigtree later served as communications chief for Mr. Kennedy's presidential campaign. As an American with a famous name and a powerful network that had amplified parents' fears in Samoa, Mr. Kennedy 'preyed on people that were vulnerable,' Dr. Green said. In June of 2019, Mr. Kennedy and his wife, the actress Cheryl Hines, traveled to Samoa at the invitation of the prime minister, who treated the couple like visiting royalty. 'My husband wants to move here,' a laughing Ms. Hines told reporters during the trip. During the visit Mr. Kennedy posed for a photo with Edwin Tamasese, a coconut farmer whom he has called a 'medical freedom hero.' Mr. Kennedy later wrote on the Children's Health Defense website that the trip had been arranged by Mr. Tamasese, who was arrested months later for spreading vaccine misinformation and promoting ineffective measles treatments like vitamins and papaya leaf extract. Mr. Kennedy also said on the website that he visited Samoa because health officials and the prime minister 'were curious to measure health outcomes following the 'natural experiment' created by the national respite from vaccines.' Mr. Kennedy said he was offering them help in creating a tracking system. He later denied that he had been in Samoa to push his views on vaccines. In a 2021 interview for 'Shot in the Arm,' a documentary about vaccine hesitancy and the Covid-19 pandemic, Mr. Kennedy told the filmmaker, Scott Hamilton Kennedy, who is no relation, that 'I didn't go to Samoa, by the way, for anything to do with that issue.') Measles are highly contagious, and by late 2019, the number of new infections in Samoa was doubling each week. The first child died on Oct. 13. A month later, with 16 people dead from measles complications, the government declared a national emergency and made MMR shots mandatory. Four days after that, Mr. Kennedy sent a letter to Samoa's prime minister urging the Samoan health ministry to 'determine, scientifically, if the outbreak was caused by inadequate vaccine coverage or alternatively, by a defective vaccine.' In early December, with over 3,700 new cases and more than 50 dead, Samoa's communications minister said anti-vaccination conspiracy theorists were 'slowing us down' in the effort to vaccinate people. Dr. Green contacted Samoa's health minister, Faimalotoa Kika Stowers. Could he bring a team on a vaccination mission? Ms. Stowers relayed his offer to the prime minister, who in the face of the growing death toll 'offered to shut down the country' to help the Hawaii team work, Dr. Green recalled in an interview. Within 48 hours Dr. Green secured volunteers, air travel from donors and 50,000 doses of vaccine from UNICEF. His team landed in Samoa at 5:30 a.m. on Dec. 4 and with several hundred Samoan volunteers fanned into the countryside. Residents hung red flags or scraps of cloth outside their homes if they needed vaccine. Dr. Green recalled visiting a home where a child had died so recently that her skin was still flushed with fever. 'I felt the warmth leaving a child's body after she died in a preventable measles outbreak,' he said. Global public health experts have said several factors, including a slow government response and Samoans' limited access to health care, contributed to the outbreak. But the World Health Organization has directly linked vaccine misinformation to the spread.
