- BENGALURU: Flipkart and Amazon India both said their ecommerce businesses grew sharply in the three months ended September, registering a significant recovery from the months before the government introduced the goods and services tax.
- Flipkart said its ecommerce business grew at about 85% year-on-year in terms of gross merchandise volume (GMV) in the April-September quarter that included its flagship festive sales events, up from 65-70% growth in the preceding three months.
- Amazon India said it registered 72% year-on-year growth in terms of gross merchandise sold (GMS) for the September quarter, compared with 59% growth in April-June.
- Flipkart investor Naspers, however, in a recent report has said the company grew at 43% year-on-year in the six months from April to September, giving ammunition to Amazon India to claim faster growth than its larger domestic rival at 66% for the six-month period.
- "(Naspers') report actually refers to the January-June period and... has a lag of three months, so the comparison isn't like-for-like or relevant," said Flipkart chief financial officer Sriram Venkataraman. "Flipkart continues to outpace the industry and our growth accelerated significantly during the July-September quarter on the back of a very strong festive season. We saw growth in mid-80% for (the September quarter) across all categories, with GST having a positive impact," Venkataraman said
- An Amazon India executive, however, insisted that the global ecommerce giant's India unit was "growing much faster than the market and grew 1.5 times more than Flipkart" between April and September.
- VASTRAJET offers precise dot placements and high precision printing
- Has a printing working width of up to 180 cms and can easily integrate into an existing process house
- Suitable for a variety of fabrics like cotton, silk, wool, polyester and their blends
- ColorJet India Ltd, India's biggest manufacturer and marketer of wide format digital inkjet digital textile printers, will be offering live demonstrations of its best selling printer, the VASTRAJET at the stall of T4 Texultants, which is a marketer of several textile technologies at ITMACH 2017 to be held in Gandhinagar, Gujarat. T4 Texultants are available in hall 8, booth no D-38/E-32.
- ITMACH 2017 visitors will get the opportunity to take a close look at the process of digital printing and also discuss the nitty-gritty of the printer with experts from Colorjet India. Colorjet has an installed base of 4000+ digital printers from Australia to Europe.
- The VASTRAJET, a direct to fabric digital printer has a printing working width of up to 180 cms and can easily integrate into the setup of an existing process house. VASTRAJET produces brilliant quality prints onto textiles with high colour consistency, using water based inks which are suitable for printing on a variety of fabrics like cotton, silk, wool, polyester and their blends.
- VASTRAJET offers precise dot placements and high precision printing and is available in 4 & 8 colour variants and is built on industrial grade jetting assembly. For outstanding print quality and perfect print registration, it uses an adhesive belt with built-in automatic washing system.
- The structure of the VASTRAJET is excellently designed to handle high speed production and precise dot placements, while the proprietary AIVC technology ensures high precision printing. The high speed is achieved through specially designed jetting controls to optimize printheads performance, to match the high jetting frequency.
- For those looking at higher productivity, Colorjet also offers the METRO with 16 heads, offering production in the range of 200 sq. metres per hour.
- ColorJet India designs, manufactures and integrates every component of its printers like inks, printheads, and the control system to ensure maximum quality, reliability and uptime combined with low total cost of ownership.
- Colorjet digital textile printers have been installed at several textile fabrics process houses across the globe and has gained the trust of the user community, due to the robustness of its printers and also the excellent after sales service and support.
- “ColorJet eyes ITMACH 2017 as a great platform to exhibit its technological advancements. The VASTRAJET digital textile printer has written a long story of success in different geographies globally. The fabrics printed on ColorJet digital machines are exported to many developed economies. In fact even designer fabrics are also printed on our machines,” Brand Manager at Colorjet, Smarth Bansal said.
- For more information please visit www.colorjetgroup.com
- About ColorJet India Ltd:
- ColorJet India, the largest manufacturer of digital inkjet printers in India, markets its products in 14 countries worldwide. Founded in 2004, the company maintains its operations via two manufacturing facilities and sales offices spread across seven countries, which include India, China, Bangladesh, UAE and Sri Lanka. To-date, ColorJet has installed and implemented over 4,000 of its printing solutions and products across 315 cities around the world backed by a strong 278 member team, of which almost 100 are in technical related functions.
- Textile industry should invest in technology, especially post spinning technology, to grow further, said Sanjay Jayavarthanavelu, Chairman and Managing Director of Lakshmi Machine Works, here on Friday.
- Inaugurating Texfair 2017 and Farm to Finish Expo, a four-day event organised by Southern India Mills’ Association (SIMA), he said the textile industry should work towards addressing the challenges that come with changing trends. Earlier, there were four fashion seasons a year and textile manufacturers had substantial lead time to convert fibre to garment. Now, it is said that some fashion brands launch two collections a month. So the lead time available reduces for the manufacturers. However, segments such as leisure wear, bed and bath, and industrial fabrics are growing, throwing open new opportunities. Textile manufacturers are hence of two categories - those who make commodity items and those who make speciality fabrics. The industries needs to invest in technology to capture the potential in the market.
- Mr. Jayavarthanavelu also urged the industry to work together as there is a need for a comprehensive policy to grow in strength.
- Ajay D. Shah, president of Textile Machinery and Mill Stores Merchants Association, said the GST on textile spares was 18 % and the association has sought reduction of the rates.
- Kaizar Z. Mahuwala, president of Indian Textile Accessories and Machinery Manufacturers Association, said 63 of its members are taking part in the exhibition. Indian textile machinery market is expected to grow at 12 %. “We have the entire range of machinery and accessories for textile sector,” he said.
- Apparel producers can win with higher levels of productivity, new opportunities and growth with inkjet print, digital front end and production workflow technologies from Electronics For Imaging, Inc. showcased at Shanghaitex exhibition. New products on display include the EFI™ Reggiani ReNOIR VOGUE, an industrial textile printer designed for superior-quality direct-to-textile printing for fashion applications.
- Building on EFI Reggiani’s 70 years of experience in advanced textile imaging, the new printer is the most-advanced leading-edge textile product in the EFI Reggiani ReNOIR product line, and gives users the ability to master speed and tension to ensure the most accurate fabric handling.
- “Whether it is for apparel and accessories, sportswear and footwear, or home textiles, the EFI Reggiani ReNOIR VOGUE can handle it. The new printer, along with the entire EFI Ecosystem of products like Optitex 2D/3D design software, Reggiani digital printers and inks, and our newest Fiery® proServer offering, create an effective, more-efficient manufacturing model for the fashion space” according to Adele Genoni, EFI Reggiani General Manager.
- Fashionable productivity and considerable savings
- Taking centre stage in EFI’s stand at Shanghaitex, the VOGUE model is the first in a series of EFI Reggiani printers that will incorporate new electronics and best-in-class innovations for industrial textile printing. It prints at resolutions up to 2,400 dpi with 16 printing heads, 8 colours and 4- to 72-picolitre drop sizes. Using virtually any type of textile ink, it also boasts an innovative recirculation system that saves ink and reduces maintenance during machine operation and between stoppages. The recirculation system also reduces the need for specific air conditioning and humidity controls, saving energy and reducing overall usage costs.
- An innovative new enclosed printhead design on the VOGUE simplifies the carriage layout and ensures easier print head removal. A new composite carriage with a steel head plate eliminates the need to align individual heads. The printer also automatically detects substrate widths, centres images and sets margins for jobs. As a result, operators no longer need to measure fabrics before loading them.
- FAISALABAD: Shabbir Hussain Chawla, president Faisalabad Chamber of Commerce and Industry (FCCI) Sunday urged scientists of the National Institute of Biotechnology and Genetic Engineering (NIBGE) to develop cheap and simple applications of nanotechnology for the textile sector.
- It will help Pakistan promote its textile exports and earn more foreign exchange, he added.
- Addressing a symposium on ‘Nanotechnology-Current Trends and Future Prospectus in Pakistan’ as chief guest at NIBGE here Sunday, he said that textile sector in Faisalabad alone contributed 55pc towards the total textile export of the country, while its share in GDP was around 8pc.
- The function was also addressed by Director NIBGE Dr Shahid Mansoor and other scientists of the institute.
- Facing criticism over glitches in the software it developed for the GST Network, InfosysBSE 0.41 % Ltd has deployed more IT experts and engineers in states to steady the Goods and Services Tax return filing portal, a government official said today.
- Infosys, which had won the Rs 1,380 crore deal in 2015 for developing and running GST's back-end, has stepped up efforts to remove outages the system faced during peak tax and return filing period, he said.
- "Infosys has started deploying more engineers and IT experts for the GSTN project. They are being sent to major states to address issues and help states better understand the system," the official said.
- Businesses and traders have complained of problems faced in filing of return on the GST-Network portal on the last days, forcing the government to extend deadlines.
- While it had extended the date for maiden GSTR-3B return filing in August, the due date for final returns GSTR-1, 2 and 3 has also been extended.
- Glitches in invoice matching while filing GSTR-2 was flagged at the meeting of Group Of Ministers (GoM) on October 28 following which it directed Infosys to deploy more software engineers in every state to assist state tax officers with the new IT system.
- The official said Infosys has already deployed more than 100 IT people in their team for GSTN functioning.
- Bihar Deputy Chief Minister and head of GoM on GSTN Sushil Modi had last week said that Infosys was earlier asked to deploy engineers in major states by October 30.
- "They have done so in 9 states and sought time till November end to deploy in other states," Modi had said.
- Infosys won a 5-year government contract worth Rs 1,380 crore in 2015 to develop the IT system for the biggest indirect tax reform GST.
- While some believe that the onus was on Infosys to ensure a glitch free system, others say that the last moment finalisation of rules relating to returns took toll on the system's performance.
There have been rumours all over the web that OnePlus will ditch the OnePlus 5T for OnePlus 6 this time. But chances are this is may be just a rumour and not the truth. Reason? A new report claims that OnePlus 5T is real and will be launched by November 2017.
According to a new report from GizmoChina, OnePlus could launch the OnePlus 5T in November with some massive changes from its current flagship phone- the OnePlus 5. The report claims that the upcoming OnePlus 5T will ditch the 5.5-inch full-HD display of the OnePlus 5 and instead sport a LG V30-like 6-inch full HD display with 1080x2160 pixels of resolution. The phone will have very S8-like slim bezels with an aspect ratio of 18:9.
The report also contains an image sample of what the phone could look like. The phone looks similar to the Galaxy S8 with really thin bezels at the top and bottom of the phone. The phone looks taller than usual OnePlus phones. The report claims that OnePlus 5T will be launched in five months after the OnePlus 5, something similar to what we saw with OnePlus 3T. OnePlus launched the 3T version after the five months of the launch of the original OnePlus 3 in the year 2016.
To recall, OnePlus 3T was launched in December 2016 with a price hike in comparison to the OnePlus 3. The 3T was launched at Rs 29,999 while the original OnePlus 3 was launched at Rs 27,999. The 3T comes with a new processor, an improved selfie camera, a new 128GB storage variant and few new colour options.
The OnePlus has been launched at starting price of Rs 32,999 in India. The phone runs Android 7.1.1 Nougat-based OxygenOS and is powered by an octa-core Qualcomm Snapdragon 835 SoC. There are two variants-one with 6GB RAM and the other with 8GB RAM. The phone comes with dual camera set up.
While there is no confirmation from the company on the launch of OnePlus 5T, the OnePlus 5 which is the OnePlus' flagship phone of this year has already gone out of stock in several markets like US and UK. The Slate Grey variant of the phone shows unavailable in many countries.
If you visit Google's website today, you will come across a doodle that celebrates adventurer Fridtjof Nansen's 156th birthday. Nansen is known as the first person to lead an expedition across the snow-capped interior of Greenland in 1888, pioneering exploration of an unknown terrain, as well as his work for refugees during his time.
The Google doodle today shows a sketch of Nansen along with a motion sketch of him on skis as he is also remembered for learning how to cross-country ski for as much as 50 miles in one day on minimum supplies. He was born in 1861 in Oslo, Norway and his love for outdoors while growing up led him to take up zoology at the Royal Frederick University 20 years later in 1881.
Following the 1888 expedition, Nansen attempted to become the first person to reach the North Pole, which sadly went unsuccessful. However, Nansen did manage to travel farther north in latitude than any explorer at the time.
Nansen began focusing more on his research at home after World War I in 1914, which forced him to curb his explorations. A few years later, he would become more politically inclined, working to free around half a million prisoners of war and repatriate refugees. His work led him to create a document that was known as the Nansen Passport (also shown in today's doodle) that allowed stateless refugees to cross borders legally and resettle.
His efforts in helping refugees relocate, his work for the repatriation of the prisoners of war, and his work to bring succour to millions of Russian affected by famine, among other humanitarian work led him to receive the Nobel Peace Prize in 1922.
"Fridtjof Nansen began his career by shattering the boundaries of human exploration, and he brought the same courage and tenacity to his fight to support refugees," Google's blog post reads.
Nansen died at home of a heart attack on May 13, 1930. He is remembered today as one of Norway's leading skiers, his expertise in Greenland and Fram expeditions, as well as his recognition as one of the founders of modern neurology, among other things. You can read more about Nansen's life and work by tapping on the Google Doodle today.
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Dropbox is finally adding a bit of colour to its brand, literally. The cloud storage company announced an overhaul after 10 years, with a focus on creativity. "Today we're announcing the biggest change to Dropbox's look in our 10-year history," the company's home page says.
The new design revamp includes a new logo, colour schemes, and typefaces. Dropbox essentially is trying to differentiate itself from the rest of the crowd by stressing on creativity, and pushing itself as "a place for creation." The new Dropbox refresh has been led by Creative Director Aaron Robbs and Nicholas Jitkoff who is VP of Design.
Talking about the new redesign, Dropbox CMO Carolyn Feinstein told Adweek, "At Dropbox, we had for a long time had this quite differentiated, thoughtful, authentic perspective on modern work and our optimistic belief that there is a better way. We play in an increasingly crowded and competitive category. It's really important for us to be able to carve out a unique positioning that feels really true to who we are and true to the impact we want to have in the world."
Dropbox introduced Sharp Grotesk as the new brand typeface. "With 259 fonts, our new typeface Sharp Grotesk gives us lots of versatility, allowing us to 'speak' in a variety of tones. Take a look at the gif to get a better idea," said Robbs and Jitkoff.
Dropbox's Feinstein stressed that the new revamp is heavily inspired by creativity. "What this allows us to do is in different environments express ourselves in a way that makes sense for that situation. Sometimes, especially in products when we want to back up a little bit and put the showcase on the work and people using our products, we will stay really blue and white. In other cases, our palette is much richer and able to flex into different environments in the places we might show up while also giving a nod to the creativity of our users," Feinstein said.
- Google CEO Sundar Pichai talked about building apps for India
- A lack of data for Google Maps led the team to improvise on crowdsourcing
- Google has also created lite versions of apps in India
Ahead of the Pixel launch event, Google CEO Sundar Pichai spoke to NDTV about the way the company's teams in India came up with unique solutions to problems, the importance of privacy and security, and a whole lot of other topics. Taking the example of Google Maps, Pichai talked about how the team in India has had to improvise and innovate.
"You know I love using Google Maps, and in India it actually works well," Pichai told NDTV at Google's headquarters in Mountain View last week. "We are constantly trying to make it better, but I think the traffic in India is a challenge so hopefully Maps makes a small difference."
Pichai highlighted that Maps data is hard to find in India, which made Google's job difficult, and how the company overcame this challenge using crowdsourcing.
"That's right, India is where we had this insight, a team from India felt like it's tough to get data around maps," Pichai said, "So they basically said wherever there are missing roads, we actually will let users, just like Wikipedia, edit and complete map routes and so on. So that insight really changed how fast we have been building maps since then."
At the same time, Google has also been releasing lighter versions of various apps for use in India and other developing countries where the infrastructure such as bandwidth and speed is still limited.
"You know, we talked about Maps earlier, and Youtube Go so the ability to cache videos offline and watch it when you want to - we started in India, we are taking it globally," says Pichai. But aside from the lite versions, Google has also shown that it's ready to make apps that are built for local use in India. One example of this is the hyperlocal shopping app Areo, but more recently, the company also made use of the UPI platform in India to release its own payments app.
"We recently launched the product called Google Tez," says Pichai. "We are able to do this in india first because of the digital payments infrastructure that India has done, so we are doing it in India and will take to the rest of the world and say look this is how you do it."
- Amazon claims 1.5 times faster growth than Flipkart in GST era
12 Dec 2017
- ColorJet to show its best selling digital textile printer VASTRAJET at ITMACH 2017
06 Dec 2017
- Textile manufacturers urged to invest in technology
06 Dec 2017
- Top digital production ecosystem expands at Shanghaitex with launch of new EFI Reggiani Printer
01 Dec 2017
- Scientists urged to develop nanotechnology applications for textile sector
20 Nov 2017
- Infosys deploys more people in states to ease GSTN load
04 Nov 2017
- OnePlus 5T with 6-inch, Galaxy S8-like curved display to launch in November: Report
10 Oct 2017
- Google celebrates adventurer and humanitarian Fridtjof Nansen's 156th birthday with a doodle
10 Oct 2017
- Dropbox Redesigned After 10 Years With a Focus on Creativity
04 Oct 2017
- Sundar Pichai on How India Helped Shape Maps and Other Google Products
04 Oct 2017