Supply Chain News - Latest Updates & Headlines
US tariffs: India's tech hardware sector likely to gain over China, Vietnam
New Delhi, April 8: With China facing a 34 per cent US tariff and Vietnam 46 per cent, India's relatively lower tariff of 27 per cent may shift supply chain dynamics, helping the domestic tech hardware sector grow further, according to a new report.
4 degree Celsius rise in global temperatures may cut world GDP by 40 pc: Study
New Delhi, April 1: A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 – a sharp increase from previous estimates of around 11 per cent.
India's strategic positioning is key to maximizing global trade opportunities: APCO Worldwide CEO
New Delhi, April 1: India stands at a crucial juncture in the evolving global trade landscape, and to maximize its position in trade realignments, it must strategically defend its key sectors while leveraging shifts in global supply chains, said Brad Staples, Chief Executive Officer of APCO Worldwide.
Rs 22,919 crore component PLI to boost India's domestic electronics supply chain
New Delhi, March 28: The Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS), which has the potential to generate nearly 1 lakh direct jobs and several indirect jobs, focuses on the local production of sub-assemblies and bare components like inductors, resistors, PCBs and capacitors, etc.
Quick-Commerce must adapt beyond major metros to sustain profitable growth: Bain & Flipkart Report
New Delhi, March 28: Quick-commerce (q-commerce) platforms in India must adapt their business models for markets beyond major metros to sustain profitable growth, according to a report by Bain & Company and Flipkart.
IIM Mumbai and CAG of India signs MoU on Logistics, Supply Chain, and Inventory Management
New Delhi, March 25: In a significant move to enhance the efficiency and transparency of public sector logistics, supply chain, and inventory management, the Indian Institute of Management Mumbai (IIM Mumbai) and the Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) here today.
S. Korea aims to recycle 20 pc of key critical minerals by 2030: Ministry
Seoul, March 25: South Korea will work to facilitate the growth of the critical mineral recycling industry, with a goal of achieving a 20 percent recycling rate of key critical minerals by 2030, the industry ministry said on Tuesday.
India's semiconductor industry faces supply chain and limited talent challenges: Jefferies Report
New Delhi, March 25: India's semiconductor industry is growing but faces significant challenges such as an underdeveloped supply chain, a shortage of specialized manufacturing talent, global competition, and rapidly evolving technology, according to a report by Jefferies.
Need to build reliable, resilient supply chains, says EAM Jaishankar
New Delhi, India March 20: External Affairs Minister S Jaishankar on Thursday said that we need to build reliable and resilient supply chains, as the world is passing through an uncertain and volatile period.
Exports of auto components from India see robust growth in last 2-3 years
New Delhi, March 19: Showcasing India's growing role in the global supply chain, exports of auto components have shown robust growth in the past couple of years.
Taiwan says US is collaborating on UAVs to form 'non-red supply chain'
Taipei, March 12: The Taiwanese Defence Ministry has said that the United States is set to collaborate to form a "non-red supply chain" for uncrewed aerial vehicles (UAVs) as a counter to China, local media reported.
Agritech startup Falca's loss triples to Rs 15 crore in FY24 as expenses surge over 30 pc
Bengaluru, March 9: Full-stack agritech supply chain startup Falca reported a sharp rise in its net loss for the financial year 2023-24 (FY24) as the company's net loss widened threefold to Rs 15 crore, compared to Rs 5 crore in the previous fiscal year (FY23).
MSMEs must integrate with large supply chains for 8 pc growth: Suman Bery
New Delhi, March 6: India's corporate sector must step up, and MSMEs need to be integrated into larger supply chains to drive real competitiveness and achieve 7-8 per cent growth” NITI Aayog vice chairman Suman Bery said here on Thursday.
MSMEs need to be integrated into larger supply chains to drive real competitiveness, achieve 7-8% growth: NITI Aayog VC
New Delhi, March 6: India's Micro Small and Medium Enterprises (MSMEs) need to be integrated into larger supply chains to drive real competitiveness and achieve 7-8 per cent growth in the country, according to NITI Aayog Vice Chairman Suman Bery who also holds the additional charge as Chairman of the Economic Advisory Council to the Prime Minister.
PM Modi urges India Inc to go for opportunities in global supply chains
New Delhi, March 4: Prime Minister Narendra Modi on Tuesday urged domestic manufacturers and exporters not to remain mere spectators but to take advantage of the opportunities that are emerging from the disruptions in global supply chains as the world needs reliable partners who produce high-quality products and ensure reliable supply.
From electronics to automobile, India emerges as a key global hub: PM Modi
New Delhi, March 1: India has emerged as a major automobile producer and exporter and a similar transformation has been observed in electronics manufacturing, Prime Minister Narendra Modi said here on Saturday.
CAG flags barcode authentication issues in Delhi's liquor supply chain; results in Rs 24.23cr loss
New Delhi, Feb 25: A Comptroller and Auditor General (CAG) report has raised concerns over financial irregularities in the Excise Supply Chain Information Management System (ESCIMS), revealing that an undue benefit of Rs 24.23 crore was provided to the implementing agency (IA).
Egg prices soar to record levels in US as bird flu ravages laying flocks
Sacramento (US), Feb 25: US egg prices have skyrocketed to unprecedented levels, with wholesale costs reaching over $8 per dozen as highly pathogenic avian influenza (HPAI) continues to devastate commercial laying flocks across multiple states.
UK announces largest sanction package against Russia since start of war against Ukraine
London February 25: The Labour Party-led United Kingdom government has announced the largest sanctions package of over 100 new sanctions against Russia after the completion of three years of the ongoing war between Russia and Ukraine.
India auto component industry revenues to expand 8-10% in 2025-26: ICRA
New Delhi, February 20: Revenue in the Indian auto component industry is expected to expand by 8-10 per cent in the upcoming financial year 2025-26, according to rating agency ICRA.
US tariffs on chips: India unlikely to experience any major short-term consequences
New Delhi, Feb 20: India is unlikely to experience any major short-term consequences due to the US tariff on semiconductors, as it is not a major exporter of chips to Washington, the industry body said on Thursday.
International Defence Conference 2025 explores global disruptions, defence preparedness
ABU DHABI, February 16: The first session of the International Defence Conference 2025 examined the unprecedented challenges posed by global disruptions, including geopolitical tensions, natural disasters, cyberattacks, and pandemics.
CCP-linked CEO in US defence supply chain sparks national security alarm
Washington DC, February 14: An immigrant with close connections to Chinese Communist Party (CCP) intelligence and influence organisations owns a defence contractor that provides parts for US military aircraft and counsels the US government on supply chain security, according to a Daily Caller News Foundation (DCNF) report.
Rolls-Royce to double supply chain sourcing from India in next 5 years
New Delhi, Feb 10: Aerospace giant Rolls-Royce announced on Monday that it plans to double its supply chain sourcing from India over the next five years.
India's total trade to reach USD 1.8 trillion by 2033, growing at 6.4% CAGR: Report
New Delhi, February 9: India's total trade is expected to grow at a compound annual growth rate (CAGR) of 6.4 per cent through 2033, reaching USD 1.8 trillion annually, according to a BCG report.
Most Indian business leaders to boost investments in supply chain, sustainability this year
New Delhi, Jan 21: There is a notable increase in planned investments in supply chain management in India, with 67 per cent of surveyed business leaders from large organisations planning to increase their investments in 2025 (with a 17 per cent increase compared to 2024), a report showed on Tuesday.
Supply chain interdependence is biggest barrier to achieve cyber resilience: WEF Report
New Delhi January 13: The World Economic Forum's Global Cybersecurity Outlook 2025 report released on Monday says that the supply chain interdependence is biggest barrier to achieve cyber resilience.
IIT Delhi Launches Three Industry-Centric Certificate Programmes in Finance, Supply Chain, and Semiconductor Technology
New Delhi, January 7: The Indian Institute of Technology Delhi (IIT Delhi) has launched three new certificate programs through its Continuing Education Programme (CEP) in partnership with Team Lease Edtech, to address the increasing demand for specialized skills.
China proposes export controls on critical EV technology
Hong Kong, January 4: China is planning to impose new export restrictions on technologies used to extract minerals vital for the global electric vehicle (EV) industry, signalling an escalation in its ongoing tech rivalry with the United States, CNN reported.