SUPPLY CHAIN PARTNERS

As India prepares for Budget 2024, the spotlight is on Production-Linked Incentive (PLI) schemes, crucial for revitalizing manufacturing and strengthening supply chains. The government has raised the PLI allocation to ₹6,200 crore, signaling a 33% i...

De-risking supply chains as a strategy gained momentum during the pandemic, and India was expected to profit from it. However, the gains have, at best, been limited so far.

The industrial and warehousing sector in India saw a 21.9% increase in absorption in the first half of 2024, with the 3PL sector driving demand with a 33% share. Tier I cities accounted for 78% of absorption, while Tier II and III cities accounted f...

In his remarks, Shambaugh said the US is not isolated in seeking to address negative spillovers from China's non-market practices.

The goal is to forge an actionable roadmap for enhancing US-India collaboration in the critical minerals domain.

The core elements of the plan include getting foreign companies to invest in chipmaking in the United States and finding other countries to set up factories to finish the work.

Ashima Goyal emphasised that capacity needs to expand in health, education, environment, courts, policing as well as in infrastructure. "Rising agricultural productivity and strong supply chains are necessary to reduce volatility in food prices," sh...

Smaller component makers for electric vehicles (EVs), many of which started with other businesses before pivoting to their current business mainstays, are increasingly attracting interest from venture capital firms amid a boom in EV sales. The boom ...

TVS Mobility's subsidiary, SI Air Springs, has acquired Roberto Nuti Group to enhance its global market position and product range. The acquisition will enable them to leverage their distinctive skills and expertise in suspension systems, fostering ...

Smaller component makers for electric vehicles (EVs), many of which started with other businesses before pivoting to their current business mainstays, are increasingly attracting interest from venture capital firms amid a boom in EV sales. The boom ...

RCPL has raised a total of ₹1,053 crore as debt capital from the parent company over 14 months, according to the filings. RCPL began operations in November 2022 and completed its first full year in FY24. In the filings, RCPL said the proceeds will b...

The US Trade and Development Agency supports the establishment of an integrated aviation hub at Hisar Airport in Haryana, aiming to strengthen India's supply chain network through enhanced cargo and logistics infrastructure. The agency's collaborati...

Jashvik Capital, an India-based private equity firm, has acquired a minority stake in Futura Surgicare, a Bangalore-based medical products, consumables, and devices player, founded by A.D. Setty in 1994. Futura Surgicare is a leading Indian manufact...

Global supply chains are diversifying away from China for rare earths used in products like electric vehicles and wind turbines. Companies are building facilities to reduce the West's dependence on Chinese imports.

ECU Worldwide, a subsidiary of Allcargo Logistics, partners with ShipBob to offer freight services globally through FreightBob program, enhancing e-commerce inventory management with ECU360 tech-driven platform.

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 ...

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 t...

Delhivery has partnered with SUGAR Cosmetics to manage its B2B logistics operations in India. The company will use Delhivery's extensive networks, technology-driven solutions, and express Part Truck Load (PTL) services to ensure faster delivery of B...

Tata Motors has partnered with Bajaj Finance to offer supply chain finance solutions to its passenger vehicles and electric mobility subsidiaries. The partnership will help dealers access funding with minimal collateral, leveraging Bajaj Finance's e...