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Prime Minister Narendra Modi.
Prime Minister Narendra Modi on Wednesday held a cabinet meeting and gave his approval for the provisioning of mobile services in uncovered villages of aspirational districts across five states of Andhra Pradesh, Chhattisgarh, Jharkhand, Maharashtra and Odisha.
The project envisages providing 4G-based mobile services in the 7,287 uncovered villages of 44 aspirational districts across 5 states of Andhra Pradesh, Chhattisgarh, Jharkhand, Maharashtra and Odisha at an estimated cost of implementation about Rs 6,466 crore including operational expenses for 5 years.
The project would be funded by Universal Service Obligation Fund (USOF). The project will be completed within 18 months after the signing of the Agreement, likely to be completed by November 23.
The work related to the provision of 4G mobile services in identified uncovered villages will be awarded through an open competitive bidding process as per extant USOF procedures.
The present proposal for provisioning of mobile services in the remote & difficult uncovered areas of aspirational districts across 5 states of Andhra Pradesh, Chhattisgarh, Jharkhand, Maharashtra & Odisha will enhance digital connectivity useful for self-reliance, facilitate learning, dissemination of information and knowledge, skill up-gradation and development, disaster management, e-Governance initiatives, the establishment of enterprises & e-commerce facilities, provision of adequate support to educational institutes for knowledge sharing & availability of job opportunity and fulfilling the vision of Digital India promoting domestic manufacturing and fulfilling the objectives of Atmanirbhar Bharat etc.
Welcoming PM Modi's decision, Union Minister of Information and Technology Ashwini Vaishnaw said, "As part of Janjatiya Gaurav Divas launched on November 15 to honor the contribution of tribals to the culture of the nation, PM Modi, in today's Cabinet meeting, approved to provide telecom connectivity, mostly solar-powered, to multiple tribal villages."
"A total of Rs 6,466 crores will be invested in covering 7,287 villages of 44 districts, including 1,218 villages of Andhra Pradesh, 3,933 of Odisha, 610 of Maharashtra, 699 of Chhattisgarh, & 827 of Jharkhand; work to be completed in next 12-18 months," he said.
This collection by Peter England goes to show that men today are experimenting more than ever, wanting to look their finest on all occasions. “Standing out seems to have struck a chord among style-conscious men,” says Salesh Grover, Business Head, OSL Luxury Collections (Corneliani). “According to recent statistics, men are spending more on shopping than women, which indicates a change in trend. The men’s occasion wear market is transforming into a very detail-oriented, fashion conscious segment. It is all about getting noticed and being different.”
Globally, in the last two years, there has been a flurry of activity in the Mergers and Acquisitions (M&A) space. Industry experts have put it down to the fact that as multinationals have the funds, they want to expand their current businesses and hence, there has been an acceleration in M&A deals.
Myntra has announced the launch of ‘Pernia’s POP-UP SHOP’, the luxury fashion store for men and women offering exclusive designer merchandise from leading names in the world of fashion. With this association, Myntra will now offer a range of designer wear for women from over 25 leading Indian designers including Ritu Kumar, Masaba, Mandira Wirk and Namrata Joshipura among others.
Kewal Kiran earlier, followed a conservative approach, selling garments to wholesalers and distributors through an outright purchase agreement. Though this strategy helped in building a strong balance sheet with better cash flows, it did not provide access to key northern markets. The company will now offer garments to traders in North India with a commitment to take back 20 to 30 percent of the goods if not sold.
Launched in 2000, India Fashion Forum (IFF) is India’s largest fashion retail intelligence event. Every year, a powerful blend of conference sessions, workshops and master classes, zoned exhibitions and industry awards mark IFF’s confluence of the biggest consumer trends, market intelligence and retail innovation in the business of fashion in India.
The 2-day price reveal period ahead of the sale saw items wishlisted 100 million times by customers primarily from categories such as T-shirts, tops and dresses. 2.6 lakh orders were placed by 2.3 lakh customers availing the early access facility during the sale preview. The VIP slots known as Gold Slots before the start of the sale, witnessed 3.8 lakh shoppers placing 4.1 lakh orders.
Over 200 speakers representing leading companies operating across the fashion retail value chain will be anchoring the two-day conference. Over 600 unique brands and companies will be attending and exhibiting next generation product innovation, retail support solutions and futuristic retail technology innovations at the mega congregation.
The men’s occasion wear market is highly penetrated and competitive with domestic players and fashion designers engaging in product innovations. They are focusing on improving their footprints by entering into new markets. Many local designers are driving the market by offering customised designs at a low price. In mature markets like metro and Tier I cities, manufacturers are adopting competitive price strategies to increase their sales.
“Attractive and heavy discounts and offers are no longer the top factors that draw the evolving Indian consumer into online and offline purchase as social media influencers and rising preferences for quicker turnaround of new products have redefined the purchase decision,” remarked Amar Nagaram, Head, Myntra & Jabong while observing the radical changes in the Indian fashion retail scene at the 20th India Fashion Forum (IFF) held in Bengaluru.
Founded in 2001 as a joint venture with Barbara of France, Enamor offers a high quality range of lingerie, sportswear and athleisure wear. The company has 20 exclusive brand outlets and over 4,500 points of sale nationwide, predominantly located in larger cities, as well as a strong online presence and e-commerce business.
All stages of the manufacturing process, across facilities, have recently been upgraded with the latest developments in automation and technology. From automatic spreading-and-cutting to auto sewing and material handling using Artificial Intelligence. This has resulted in eliminating subjectivity from manufacturing and planning, while capturing data in real time. Ensuring that the work in progress manages itself at the same pace as it is being manufactured, culminating in auto finishing. Thereby improving efficiency, productivity, and consistency of quality. The plant at Yelahanka, Bengaluru is CTPATT approved and was the first woven clothing facility in the world to be S.A. 8,000 certified. Today, the facilities is a fully BSCI and Sedex compliant, with surveillance audits carried out regularly. Zodiac launched a bespoke and made-to-measure offering for the discerning customer of ‘limited edition’ shirts called Regale in ultra-luxurious Italian fabrics, the rare Sea Island Cotton 7 and linen from European Flax.