Best selling product categories in ecommerce platform

Internet world has brought us the opportunity of buying anything virtually online through ecommerce retailing. Still the confusion on what to sell online in India remains stagnant. There‚Äôs a lot of things being sold online and lot more revenue is being generated by the giant ecommerce companies like Amazon, Flipkart, Alibaba, eBay, Snapdeal, etc. Moreover huge traffic has been created by these websites with fluctuation to its features and most bought items depending on what every seller offers and what every buyer seeks. Indeed, few products are classic, and some follow trends to get popular, while others going up and […]

Current Initiatives by Government : Textile Industry

Current Initiatives by Government Government has come up with a number of initiatives for encouraging export in textile sector. It has also allowed 100 per cent FDI (Foreign Direct Investment) in this sector under the automatic route. 2. The Union Cabinet has cleared a Rs 6,000 crore package for the textile sector, aimed at attracting investments worth Rs 74,000 crore 3. The objective of the package is to generate 1 crore additional jobs and incremental exports of 30 billion US dollars in the next three years. 4. The Department of Handlooms and Textiles has tied up with nine e-commerce players […]

ROLE OF TEXTILE IN MANUFACTURING AND SERVICE SECTOR

Introduction Textile industry of our country is one of the oldest industries. This sector is one of the largest contributors to exports. It contributes around 11 per cent of total exports. The export earning was 41 billion dollar in 2015-16 with average annual growth rate of 5.4 per cent. This industry operates from cottage, handloom, and other unorganized sectors to the adoption of modern high technology. It is a labor intensive sector and one of the major employers of the country. Directly and indirectly, this sector employs 40 million and 60 million workers respectively. Handloom, handicrafts and sericulture operate on […]