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Shyplite launches 9 fulfilment centres in India
Shyplite, a 4PL AI-powered logistics platform, helps in the automation of logistics and increases shipping efficiency. The start-up has announced the launch of 9 new fulfilment centres across Delhi-NCR, Mumbai, and Bengaluru
Nandani Creation to invest Rs 10 cr for offline expansion
In a major move, Nandani Creation Limited, leading women ethnic wear company known and identified by its E-commerce and retail apparel brand JaipurKurti.com, has announced that it is planning to invest Rs 10 crores for offline expansion.
Nandani Creation to invest Rs 100 mn for expansion
Nandani Creation Limited - a well-known company for ethnic wear and famous as JaipurKurti.com in its retail section - is planning to expand offline by investing an amount of Rs 100 million.
Indo Count plans Rs 2,000 mn capex to increase bed linen capacity
Indo Count Industries Ltd (ICIL), one of India’s largest home textile manufacturers, has recorded 600% increase in PAT in Q4 FY21 to Rs 580 million from Rs 80 million in Q4 FY20. PAT was up 241% in 2020-21 to Rs 2490 million from Rs 730 million in 2019-20.
Indian female innerwear market to double by 2025
As per a RedSeer report, the Indian female innerwear market will double by 2025, owing to rising income levels and greater awareness about brands selling lingerie, shapewear, swimwear, and loungewear.