“The Central government wants the states to compete and fight with each other in the international market for vaccines,” Mr Sisodai alleged. The decision came as huge crowds were reported at several places after the government opened vaccination for the 18-plus population. Ashwath Narayan said on Tuesday.The Karnataka government too decided to procure two crore vaccine doses through global tender to meet the increased demand and to facilitate vaccination of the age group of 18-44 years, deputy chief minister and state Covid task force head C. Many of them blamed the Centre for the shortage and said that its new policy is forcing states to compete with each to procure vaccines rather than help each other.Uttar Pradesh government had earlier this month floated global e-tenders to procure four crore doses of Covid-19 vaccines from licensed manufacturers.— PTI New Delhi: With state governments running out of both varieties of vaccines and having to either shut down vaccination centres or ration them, several states and Union Territories, including Maharashtra, Delhi, Karnataka, Andhra Pradesh, Telangana and Odisha, are planning to float global tenders to procure vaccines and ramp up the inoculation drive.Maharashtra health minister announced that the state will give priority to those in the 45-plus age category and needing a second dose.N.Delhi chief minister Arvind Kejriwal also wrote to Prime Minister Narendra Modi over vaccine shortage on Tuesday, saying the Centre should share the vaccine formula of the two manufacturers with other capable pharmaceutical companies to scale up production in the country.
Addressing a press conference, he alleged that the BJP-ruled Centre is "forcing" state governments to invite global tenders for vaccine procurement.The Centre on Tuesday asked states and UTs to ensure all beneficiaries who have taken the first dose are prioritised for the second doses during the vaccination drives. end-of Tags: karnataka andhra pradesh global tenders vaccine, telangana maharashtra global tenders vaccine, many states plan global tenders for vaccines, shortage of covid vaccine, centre blamed for covid vaccine shortage. began amidst a ferocious 2nd wave of Covid-19, India has been facing acute shortage of vaccines Delhi chief minister Arvind Kejriwal also wrote to Prime Minister Narendra Modi over vaccine shortage on Tuesday, saying the Centre should share the vaccine formula of the two manufacturers with other capable pharmaceutical companies to scale up production in the country. Delhi’s deputy chief minister Manish Sisodia too said the AAP government will float a global tender for procuring coronavirus vaccines. Officials said the Andhra Pradesh government will float a global tender in a day or two for the procurement of Covid-19 vaccines from foreign manufacturers to complete the vaccination process as quickly as possible.The World Health Organization, India and South Africa have have all called for patents to be temporarily suspended, especially by the US.Since the third phase of vaccination began amidst a ferocious second wave of the Covid-19 pandemic, India has been facing acute shortage of vaccines. However, states and private h Quartet Lipstick tube Manufacturers
Megosztás a facebookonRural India contributes 36 per cent to overall FMCG spends and has historically been growing around 3-5 per cent points faster than urban. The growth forecast for Q1 2020 (Jan-Mar 2020) stands in the range of 7.2 per cent in the same quarter of 2018.Nielsen expects FMCG value growth in Q4 2019 to be in the 6.The main cause of the slowdown was rural growth, which for the first time in seven years dropped below urban.3 per cent as of January 2019. Lower GDP growth and growth forecast too have an impact on FMCG. Rural was growing at 5 per cent in Q3’2019, which is one-fourth as compared to 20 per cent in Q3’2018. Value growth in Fast Moving Consumer Goods market has dropped to single digits in September quarter as rural growth fell below urban for the first time in seven years, according to Nielsen. end-of Tags: fmcg growth.Small manufacturers have seen the biggest drop in cumulative distribution growth where it has moved from 18 per cent in 2018 September quarter to no growth in Q3’2019. Small player exits have increased by 33 per cent and new entrants in the market have fallen owing to strong inflationary pressures and increasing input prices. ‘However we are now finally seeing early signs of the declining trends being arrested.3 per cent, down from 16.FMCG growth generally moves in the opposite direction of inflation trends. This has been on account of increasing affordability, availability and conversion of commodity to branding resulting in higher demand.9 per cent, down from 13.Small players account for nearly one-third of the sales in rural India as they provide better value for money offerings.5 per cent,’ said Khiani.4 per cent. Rural inflation is touching 3.9 per cent in January 2019. Chennai: Value growth in Fast Moving Consumer Goods market has dropped to single digits in September quarter as rural growth fell below urban for the first time in seven years, according to Nielsen. However in recent times, rural growth was seen slowing down at a much faster rate compared to urban.In September quarter,
FMCG market clocked a value growth of 7. Large manufacturers’ cumulative distribution growth has halved. The growth rate for small manufacturers has slumped by 23 per cent. Inflation has already touched the 4 per cent in September 2019 from a low of 1. However, price led growth sustained at 3. Meanwhile, urban market too was growing slower at 8 per cent as against 14 per cent in Q3’2018.2 per cent in Q3’2018.5 — 7.2 per cent from a low of 1.Slowdown in rural market halves FMCG growth, slips to 7-year low --> China lipstick aluminum tube BooksScienceHoroscopeAge on SundayDelhi AgeMumbai AgeDecafDiscourse360 DegreeEditors' PicksJust InPlay Games Business In Other News18 Oct 2019Slowdown in rural market halves FMCG growth, slips to 7-year low Business, In Other News Slowdown in rural market halves FMCG growth, slips to 7-year low THE ASIAN AGE.2 per cent in the same quarter of 2018. | SANGEETHA G Published: Oct 18, 2019, 2:20 am IST Updated: Oct 18, 2019, 2:20 am IST In September quarter, FMCG market clocked a value growth of 7.Growth in Q3’2019 sales per store in rural areas shrunk one-fourth of Q3 2018 which reflects a significant drop in demand among rural consumers.According to Nielsen, the growth trend continues to be dampened by the drop in consumption which has moved to 3.5 — 8.3 per cent, down from 16.5 per cent range. In addition, rural distribution growth continued to inch downwards, said Sunil Khiani, Head — Retail Measurement Services — Nielsen South Asia
Megosztás a facebookon(Source) end-of Tags: china, robot.1 per cent on the Tokyo Stock Exchange. China’s robot market benefited last year from accelerated automation at smartphone and automobile plants.It will take a while for the direction of the trade war to be clear, Tsuda said. “But global demand for smartphones, semiconductors and autos have been solid, and the time will eventually come that they can wait no longer and will resume investment to meet the demand. Foreign suppliers, mainly European and Japanese robot makers, accounted for 75 per cent of robot sales in China, including those produced locally.40 million) from 65.The International Federation of Robotics (IFR) in its annual report forecast Chinese demand for robots will grow 15-20 per cent this year after surging 59 per cent to 137,920 units last year.5 billion yen, citing a slowdown in smartphone-related demand in China and growing caution over the trade dispute. Sales of industrial robots in China, the world’s biggest market, will grow this year at only about a third of last year as an escalating Sino-US trade war hits spending on equipment, a global robot group said on Thursday.Renewed fears of a broadening economic impact from the trade conflict sent China’s benchmark stock index to four-year lows on Thursday, dragging down shares of Yaskawa, Fanuc Corp and other Asian companies with large Chinese market exposure.Tsuda, also the chairman of Japan’s Yaskawa Electric Corp, said the manufacturers would move out of the waitaniaMetrosDelhiKolkataMumbaiIn Other CitiesBusinessEconomyMarketCompaniesAutosIn Other NewsOpinionEditOpedColumnistsInterview of the WeekReporter's DiaryThe Age DebateHere and NowSportsCricketTennisFootballIn
Other sportsTechnologyMobiles & TabsGadgetsIn Other newsReviewsEntertainmentBollywoodHollywoodMovie ReviewsTVMusicIn Other NewsPhotosLifeHealthFashionFoodTravelArtRelationshipMore FeaturesNewsmakers B IndiaWorldMetrosBusinessOpinionSportsTechnologyEntertainmentPhotosLifeNewsmakers More BooksScienceHoroscopeAge on SundayDelhi AgeMumbai AgeDecafDiscourse360 DegreeEditors' PicksJust InPlay Games Technology In Other news19 Oct 2018China robot market growth to slump this year as trade war wem IST Aluminum Mascara tube Company IFR predicts worldwide industrial robot sales this year will grow 10 per cent compared to last year’s 30 per cent.From next year onwards, however, IFR expects the global robot market growth to pick up again, forecasting an average 14 per cent increase per year through 2021.8 per cent and Fanuc fell 4.”Yaskawa, one of the world’s top robot manufacturers, last week cut its annual operating profit forecast to 59 billion yen (USD 524.IFR, which brings together nearly 60 global robot suppliers and integrators, predicts worldwide industrial robot sales this year will grow 10 per cent compared to last year’s 30 per cent.With China accounting for 36 per cent of the global robot market and with its sales volume exceeding the total of Europe and the Americas combined, slowing demand growth in the Asian nation is also impacting global demand.“At the beginning of 2018, the demand for robots from China lost impetus compared to the huge increase of sales in the first half of 2017,” the IFR said in its report.Because of the trade war, many global manufacturers “are now in a wait-and-see mode, wondering whether to shift production (away from China) to, let’s say, Vietnam or the United States,” IFR President Junji Tsuda told Reuters in an interview.China’s robot market benefited last year from accelerated automation at smartphone and automobile plants.Shares of Yaskawa closed down 7
Megosztás a facebookonAdditionally, though the move by government to hike import duty on CBU’s to 20 per cent is well-intentioned, the fact that currently about 80 per cent to 90 per cent components are taxed [which were earlier nil], make the pricing differential between CBU’s and domestic manufactured phones negligible, thereby rendering the budget move ineffective. (Representative Image) 2018 ushered in India maintaining its position as the fastest growing smartphone market in thertainmentBollywoodHollywoodMovie ReviewsTVMusicIn Other NewsPhotosLifeHealthFashionFoodTravelArtRelationshipMore FeaturesNewsmakers BooksScienceHoroscopeAge on SundayDelhi AgeMumbai AgeDecafDiscourse360 DegreeEditors' PicksJust InPlay Games --> Menu e-Paper | Age on Sunday Auto Refresh Aluminum Eyebrow brush tube Suppliers SearAM IST Home IndiaWorldMetrosBusinessOpinionSportsTechnologyEntertainmentPhotosLifeNewsmakers More BooksScienceHoroscopeAge oe domestic mobile manufacturing industry was Rs 94,000 crores in FY 2016-17, employing over 1,50,000 direct workers and contributing 1.
Third, a recent development that has adversely affected the industry is the steep three-fold rise in BIS [ Bureau of Indian Standards] fee for testing and compliance, without any valid reason. This is not including other tests like BIS language testing, SAR and ROHS which all put together dent manufacturer margins. Goutam Jain, Co-Founder, M-tech Informatics Ltd believes that this will adversely impact both the government and domestic brands in terms of revenue loss and unfair pricing, respectively. However, the industry is plagued by many issues and a lot still needs to be done if India were to emerge as a mobile phone manufacturing hub. The government is expected to come up with a slab based formula and categorise manufacturers as per sales volume or value, which we feel is a fairer way to assess small, medium and large players and provide a level playing field. On a concluding note, With a potential to generate 8 lakh jobs and contribute 8 pc to the GDP by 2020, the industry requires all possible support from the government to accelerate the momentum which leads to mass employment generation and success of the Make in India program. This has already led to a spike in prices of mobile phones which has to be absorbed by the manufacturers, further eroding margins.(source) end-of Tags: make in india, smartphones.Second, the budget 2018 hiked the import duty on critical phone components like PCB’s, camera, sensors, etc to 10 pc from zero pc.First, on the policy front, an issue that needs immediate attention by the government is the misuse of FTA with ASEAN countries in the form of duty evasion by some players, who are importing CBU’s at zero customs duty.75 pc to India’s GDP, thereby generating large revenues for the government through indirect and direct taxes. Therefore, the government needs to roll back the hike on components and further hike import duty on CBU’s to discourage imports and boost domestic production
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