Business News

Amazon's long-standing investments in selection, scale and customer experience provide a strong foundation for growth in the segment.

The rooftop solar project will generate around 1,150-1,200 units per MW per month, and the total savings for the year are expected to be around Rs. 6.63 million (US $69,506).

As part of its growth strategy, Powerlook aims to increase its store count to more than 50 locations by FY '28, backed by an investment of Rs. 40-50 crore (US $4.19 million-US $5.24 million).

One of the main beneficiaries of Odisha's most recent round of industrial approvals was the textile and apparel industry. Large-scale projects in this sector are anticipated to create about 12,500 employment and improve the state's manufacturing infrastructure

Industry stakeholders in Karur noted that the price of yarn used by the garment manufacturing units had come down to 3% to 4%. However, there was no change in the price of thicker yarn used by the textile manufacturers in Karur.

The innerwear company, which houses Enamor, Dixcy Scott and Levi's Innerwear under its portfolio, expects its business mix to shift significantly in favour of premium categories over the coming years as consumer demand continues to evolve.