The Honorable Prime Minister of India, Mr Narendra Modi’s office (PMO) has responded to a letter against profiteering by banks by turning it into a petition. The PMO has further directed the Ministry of Finance to ‘take action as appropriate’. The letter, written by Vikkramm Chandirramani, a Mumbai based creative professional outlined 32 areas mainly […]
100% FDI policy to benefit contract manufacturers in Indian cosmetics industry
With the Indian government giving the green signal to 100% FDI (Foreign Direct Investment) in both single brand and multi brand retail, the contract manufacturing industry in the FMCG (fast moving consumer goods) sector is all set to be the biggest gainer from this policy. Among the largest markets in the FMCG sector today that […]