Ikea to make far more in India, double local sourcing
Escalating neighborhood sourcing of products for Ikea from India is critical as portion of a foreign direct investment (FDI) policy in the nation that allows retailers to open retailers on the situation that they ought to procure 30% of goods sold inside the …
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India's bride trafficking fuelled by skewed sex ratios
The organization of bride trafficking is proving so profitable that local people are setting themselves up as dealers or brokers, sourcing females for families searching for partners for their sons. Bashir, who refused to give his surname, is from Tijara in the …
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Doshi upsets Montblanc's India pitch
A majority foreign ownership comes with the rider that 30% sourcing has to be carried out from domestic organizations, preferably micro, tiny and medium enterprises — a concern in the luxury goods segment where finding neighborhood vendors is typically tough.
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