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Vodafone CEO: India must deliver significant relief package or risk losing Vodafone Idea

2019-11-12 01:00:00| Total Telecom industry news

Vodafone Group's CEO, Nick Read, has said that the Indian government must come up with a significant relief package to assist the troubled Vodafone Idea joint venture, or risk the telco going out of business altogether. Speaking at the company's six monthly results briefing in London on Tuesday, Read said that the Indian government now realised the scale of the problem facing telcos in the country. Despite having access to a market of over 1 billion subscribers, Indian telcos are being forced to trade on wafer thin margins.   "We've invested $20 billion in India, including our initial stake that we paid to get into the country &ndash…read more on TotalTele.com »

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India Losing Shares of Global Apparel Market (Country Report)

2013-02-07 18:35:44| EmergingTextiles.com

India's apparel exports suffered in the last year, after sharply rebounding in 2011. The shift by US and EU buyers to lower-priced and man-made fiber clothing may explain the loss of global market shares, while Indian apparel industry is increasingly shifting to a surging domestic market. Our statistical tables provide a comprehensive view of latest export trends with detailed EU and US import data per category of products.

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Is India losing its competitiveness?

2013-01-24 00:27:56| BBC News | Business | UK Edition

Is India losing its competitiveness?

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