Explore Business Standard
Supply Chain
Global supply chains have entered an era of structural volatility, forcing companies and governments to re-evaluate how and where they invest and produce, and three in four business leaders are now prioritising resilience as a driver of growth, a new report said on Monday. The World Economic Forum report, released ahead of its annual meeting 2026 here, said this volatility reflects a fundamental rewiring of global value chains, driven by geopolitics, industrial policy, the energy transition and technological acceleration. The Global Value Chains Outlook 2026 drew insights from more than 100 consultations with leaders from industry, government and academia, alongside survey data from over 300 senior executives. It called for defining strategic imperatives for industry and a blueprint for industrial policy -- while a complementary interactive tool helps businesses and governments assess manufacturing risks, strengths and gaps. The study cited a use case from India on Tamil Nadu's sta
Supply-chain realignments and inventory restocking ahead of the US holiday season helped India's exports rebound in November, think tank GTRI said on Sunday. After recording contraction for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to USD 5.25 billion. During the April-November period of this fiscal year, the country's exports to the US increased 11.38 per cent to USD 59.04 billion, while imports rose 13.49 per cent to USD 35.4 billion. The US has imposed a sweeping 50 per cent tariff on Indian goods entering American markets from August 27. The Global Trade Research Initiative (GTRI) said in sectors such as electronics and machinery, "supply-chain realignments and inventory restocking ahead of the US holiday season also supported shipments". It added that the rebound after ..
As many as five companies, including supply chain asset pooling firm LEAP India and Eldorado Agritech, have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Tuesday. Other firms that received regulatory clearance are Molbio Diagnostics, backed by Temasek and Motilal Oswal Private Equity; Foodlink F&B Holdings (India), a catering and food retail chain company; and Technocraft Ventures, a wastewater treatment solutions provider. All five companies, which filed their preliminary IPO papers between June and September, obtained the regulator's observations between November 25 and December 5, the update showed. In Sebi's parlance, receiving observations is equivalent to its go-ahead to proceed with a public issue. On the other hand, two companies -- Inox Clean Energy and Sky Alloys and Power -- have withdrawn their respective IPO papers on December 5. According to industry sources familiar with the development, Inox .
GHCL Ltd has partnered with authentication solutions provider AuthBridge to enhance environmental, social and governance (ESG) compliance across its supplier network, the chemical manufacturer said on Monday. The collaboration will automate ESG data collection and verification, introduce ESG scoring into supplier evaluations, and align practices with global standards, including India's Business Responsibility and Sustainability Reporting (BRSR) framework mandated by the Securities and Exchange Board of India (SEBI). AuthBridge has engaged with GHCL's suppliers to facilitate ESG adoption, guiding security service providers on workplace harassment prevention and labour laws, while helping manufacturing partners track greenhouse gas emissions across direct and indirect sources. "Listed companies increasingly need scalable, tech-enabled solutions to manage supplier compliance," AuthBridge Founder and CEO Ajay Trehan said in a statement. GHCL's supplier base includes raw material vendor
Allcargo Logistics Limited on Monday announced that the demerger of its international supply chain business as well as the merger of domestic business has become effective from November 1. Under a composite scheme of arrangement, Allcargo Logistics has demerged its international supply chain business into a newly incorporated entity Allcargo Global Limited. Following the demerger, domestic express distribution and consultative logistics businesses will be merged into the resulting Allcargo Logistics Limited, aligning operations for enhanced synergy and value creation, the company said. The scheme of arrangement had received approval from the Mumbai branch of the NCLT on October 10. The board of directors has approved the record date of the transaction as November 12, basis which the share of Allcargo Logistics Limited will trade ex-international business, it said. The merger will give effect to the consolidation of the domestic express business (currently under Allcargo Gati and .
Commerce and Industry Minister Piyush Goyal on Wednesday said it is important for the country to have resilient supply chains, control over key technologies and reducing overdependence on certain geographies. He said the clarion call to promote swadeshi products is not just about making in India, designing or developing in India as it is key for the country's long-term growth and sovereignty. He added that reducing dependence on foreign technologies, foreign weapons, foreign energy sources and foreign critical technologies is important for the country's growth. "This decade in fact has given us several wake up calls, starting from Covid, how important is to have resilient supply chains, to have your own technologies, control over technologies, control over essential supplies in critical areas. "How important it is to decouple in certain sectors and certain very important subjects, from overdependence on certain geographies. And therefore India today has resolved to move away from j
Commerce and Industry Minister Piyush Goyal on Wednesday said the government is addressing supply chain issues across all sectors to build resilience, even if it involves spending "extra buck". Addressing UNCTAD's Ministerial Roundtable on 'Towards Resilient, Sustainable, and Inclusive Supply Chains and Trade Logistics' in Geneva, Goyal said India has launched the 'Atmanirbhar Bharat' initiative to make the country self-reliant. "We are addressing each and every supply chain sectorally to see where our vulnerabilities are, where we need to expand capacity, and we are willing to pay that extra buck to be able to have resilience in our supply chains," Goyal said. The government has launched initiatives, like a production-linked incentive scheme to boost domestic manufacturing, and a policy to promote semiconductor production in the country. To boost infrastructure development, he said, India has launched a trillion-dollar national master plan. The government itself spends about USD