SUPPLY CHAIN DIVERSIFICATION
Global supply chain shift: Has India finally arrived?
Global supply lines are shifting for more resilience. Geopolitical developments put India at an advantage. Will demographic dividend finally create value for India?
‘Tremendous’ room for India to grow share in global value chains: Sanjiv Puri, CII President
Global trends indicate supply chain diversification is happening across levels and India is well-positioned to gain from these developments, says the CMD of ITC.
Be a contrarian in such times, if they have strong parent: 5 midcap stocks belonging to large industrial houses with upside potential of up to 49%
At a time when the market is digesting an election result which it did not expect. Questions are bound to come to about what should be done with mid-cap stocks. Is there a possibility that we might see more corrections ? The answer is yes. More than anything else, the reason for the correction would be the valuations and the fact that there was and still froth in some segments of the market. Should you buy mid-caps, the answer is yes. The question is what are you buying and for what time frame. And the bigger question is does the management have a proven track record that if tough times comes then it can steer the company through a tough time. If these tick marks are done, then ignore the political noise which all the political analysts are going to bring on table and surely there is no dearth of them. Focus on what is the business and who is running that business.
Leasing takes off as Make in India settles
The government's focus on Make in India and production linked incentive (PLI) schemes to promote local manufacturing has started to yield results as seen in rising leasing demand for light manufacturing and warehousing. The growth is further evidenced by a 4.5 times surge in leasing activity for light manufacturing spaces in 2023, compared to 2020.
Pill for China plus one
Indian pharma CEOs met senior officials in FDA and other key agencies to start a conversation. Even if a little late, given the looming presidential election, the proposal deserves attention. The basic idea is to capitalise on India's expertise and infra for manufacturing through financial incentives, tech sharing, collaborative research and tech transfers to expand production in both countries. Pursue onshoring in America and friendshoring in India to reduce dependence on China. And aggregate US, Indian and European demand for certain drugs, as IPA secretary general Sudarshan Jain told me.
Why imports from China are rising despite atmanirbhar Bharat initiatives
Imports from China is something India should monitor. But in some ways, this might be the way for the country to become a self-reliant economy.
- Go To Page 1
India is Australia’s top-tier security partner, says High Commissioner Green
Highlighting India's capabilities in producing electric vehicles and solar panels at scale, he noted, "India is a key part of our diversification agenda and supply chain resilience." This collaboration is particularly crucial as both countries aim to deal with supply chain disruptions and promote sustainable energy solutions. The High Commissioner lauded the rapid growth in India-Australia relations over the past five years, describing it as the "fastest build-up of one of our big relations in history."
Supply chain realignments position India, SE Asia as manufacturing hubs, beyond China
The government’s focus on Make in India programme and the production linked incentive (PLI) schemes to promote manufacturing has started to yield results as indicated by leasing demand for light manufacturing and warehousing. This robust growth is further evidenced by a notable 4.5 times increase in leasing activity for light manufacturing spaces in 2023, as compared to 2020, with projected year -on year growth of over 25% in 2024, shows a JLL study.
TVS Supply Chain Solutions Q4 Results: Firm reports consolidated PAT of Rs 5.38 crore
TVS Supply Chain Solutions Ltd reported a profit after tax of Rs 5.38 crore for the quarter January-March 2024, with total income growing to Rs 2,433.06 crore from Rs 2,332.53 crore in the same quarter last year, but facing a consolidated net loss of Rs 90.49 crore for the year ending March 31, 2024.
Staying with stronger ones is always better option: 5 Midcap stocks from different sectors with upside potential of upto 42%
In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record of handling many economic cycles in the past has a higher probability of surviving a bad phase and coming back on a growth path as compared to a company in the same line of business which does not have the backing of a strong parent. The reasons are simple, when that midcap company of a large group will see a tough time, at a group level there is management bandwidth in terms of both financial and human resources to help it over bad times. Look over the last two decades at how companies like Voltas, Tata chemicals, which at one point if time were mid sized companies because large and stable business. So, if one is looking at investing in mid-cap, surely have a look if it has the back of a large and strong industrial house.
Iran looking at some investments from India in Chabahar region after pact on port operation, says envoy
Iran is looking at some investments from India in Chabahar region post a long-term deal on the Chabahar Port operations, a top Iranian diplomat has said. Talking to PTI, Davoud Rezaei Eskandari, Acting Consul General of Iran in Mumbai, also said that the Chabahar Port deal could be a turning point for its "most relations" with India.
Advantage called strong parent: 5 midcap stocks from large industrial houses with upside potential of up to 49%
It is well known that investing in mid-cap comes with its own risks, right from business to risk to market risks. So, as a basic principle one should be more cautious while investing in mid-caps. But the fact is however one might try the fact is that when the narrative is bullish we all tend to lower our guards and end up buying stocks which one should have not bought. So, what about using parameters which probably is not full proof, but history has shown that over a long period of time, it has worked well. That is staying with mid-cap companies from strong industrial groups, which have other companies which are running well. The reason for this strategy is simple, when that midcap company of a large group will see a tough time, at a group level there is management bandwidth in terms of both financial and human resources to help it over bad times. Also the fact that a large group with a track record of creating business will make sure that in the long term these businesses are able to grow. So, we look at 5 mid-cap stocks belonging to strong industrial groups.
How a volcanic eruption in Iceland shaped DHL Express’ pandemic response
John Pearson, CEO of DHL Express, says when you are a global company, there will be a crisis somewhere, every day. From the pandemic to the situation in the Red Sea, he says the lessons learned from the 2010 volcanic eruption in Iceland have been an invaluable lesson in dealing with unforeseen events.
Crops, consumption and connectivity: the 3Cs at the core of India’s agricultural asymmetries
The country is the largest producer of many crops but it still has to resort to imports to meet domestic demand. Experts say we have to plug the gaps in the supply chain linking production and consumption centres to make the sector efficient and reduce import dependency.
India comes full circuit: Global tech giants set sights on the country for electronics production
The critical factor to achieving India’s aspirations of being a global electronics manufacturing hub is to get the component piece right. With several key suppliers to marquee brands like Apple and Samsung setting up shop in India, some pieces of the puzzle have started fitting in. But a lot more needs to be done.
India to gain from supply chain diversification; domestic market to provide support in 2024: Moody's
Moody's Investor Service predicts that the Indian economy will benefit from supply chain diversification away from China, while strong domestic markets will help weather global headwinds in 2024. The research firm suggests that India, Malaysia, Thailand, and Vietnam can benefit from diversification, as well as the rapid expansion of India's middle class.
Political leaders focus insufficiently on design and too much on manufacturing: Chip War author Chris Miller
Miller said governments should be skeptical of the idea that spending a lot of money on fabrication is the best strategy.
Supply chains are breaking. They’ll rebuild stronger
The pandemic is seen as the primary cause for many of the disruptions over the past four years. A halt to flights, factory shutdowns in China, and surges in demand for specific products broke supply chains.
South Korea to provide $29 billion to support battery industry over five years
The country plans tax incentives and loan support for South Korean firms investing overseas to secure mining rights for minerals and other battery materials, and strengthen financial support for companies that refine and reuse minerals.
Supply chain diversification could help India and other emerging markets: Fitch
In its report last month, Fitch projected the Indian economy would grow 6.3% in FY24 and maintain a 6.5% growth rate until FY28. It had also revised India’s potential growth outlook upwards, given the improvements in employment rate and higher labour productivity.
How Glenmark, Gland Pharma are reducing carbon emissions & increasing supply chain transparency
With increased focus on sustainability, the domestic pharma firms are advancing their energy efficiency throughout their operational spectrum while progressively integrating renewable energy sources into their overall energy consumption.
Cisco lowers annual forecasts on slowdown in new orders
The company has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand, which has hastened its push into software offerings like cybersecurity.
India, 13 others of IPEF ink supply chain resilience pact to reduce dependence on China
IPEF has 14 members, including India, Australia, the US, Japan, Fiji, South Korea, New Zealand, Singapore and Thailand, representing 40% of the global gross domestic product and 28% of the global trade in goods and services.
India a 'plus one location' as manufacturers decouple global supply chains: Rockwell Automation
Rockwell Automation, the world's largest industrial automation firm, said India's made in India initiative and production linked incentive scheme (PLI) along with rapid acceleration in building capacity for roads, rails and tunnels has put the country's growth similar to China in the 1990s, a critical tipping point in its development.
As global companies chart course for India, FDI set to rise
The UN agency reiterated its recent findings that India is among the top three in greenfield FDI announcements. This suggests that the country may be pulling in fresh global capacity expansion as part of supply chain diversification, a senior finance ministry official told ET. It expects these to translate into higher investment flows by 2024, the official said.
Diversification of solar manufacturing and supply chains must to achieve net-zero emission goal: R K Singh
"Today, about 90 per cent of the solar manufacturing capacity is in one country, mostly dependent on one chemistry, i.e., lithium ion. This thus raises supply chain challenges, which came to the fore during the COVID-19 pandemic," he said stressing that the round-the-clock renewable energy is not possible without storage.
How to enable a supportive ecosystem for agriculture supply chains in India
In order to enable a supportive ecosystem for agriculture supply chains, the government’s involvement is essential to provide necessary regulations, policies, and infrastructure support, while the private sector can bring its expertise in logistics, distribution, and technological innovation.
Niti plan in works to lower reliance of India's supply chains on China
India is developing a plan to reduce its reliance on China for supply chains. The Niti Aayog is working on the strategy, which aims to address the trade deficit with China and secure supply chains from geopolitical risks. The plan will include measures such as tariff and non-tariff barriers, regulatory changes, and supply diversification. A consultancy firm will be engaged to review India-China trade and make recommendations. India ran the highest trade deficit with China in FY23, highlighting the need for focused intervention to de-risk supply chains.
India's growth story strong; well placed to benefit from Asia's mfg supply chain diversification: The Economist Group
India is well positioned to benefit from the diversification of Asia's manufacturing supply chain, according to The Economist Group. The country, which is the world's fastest-growing major economy, has implemented policy reforms to make it easier to do business. The government has also introduced initiatives like the Production Linked Incentive (PLI) schemes to boost domestic manufacturing.
Load More
