International Energy Agency flags LNG supply hit from US-Iran conflict, delaying global supply growth by up to two years
Supplier base 3x, tops Vietnam; China share below 10%
Battery recycling firm plans greenfield plant to extract cobalt, nickel and lithium, boosting domestic recovery of critical minerals and strengthening supply chains
An immediate instinct is to turn inwards and seek self-reliance. But the world, and certainly India, is too dependent on other countries for that to be an effective strategy
Policy must now assume depoliticised global trade is over, with US-led politicisation meaning no country treats globalisation as an end
JNPA says it has maintained operational efficiency despite global supply disruptions, with improved container dwell time, steady cargo movement, and strong performance indicators in FY26
Commerce and Industry Minister Piyush Goyal on Saturday held discussions with Saudi Arabia's Trade Minister Majid bin Abdullah Al Qassabi on ways to strengthen supply chains disrupted due to the West Asia crisis, after holding talks with his counterparts from the UAE, Bahrain and Kuwait. All these countries are members of the Gulf Cooperation Council (GCC) with which India is negotiating a free trade agreement. The commerce ministry, in a statement, said that Goyal had a virtual call with Qassabi. "The Ministers reaffirmed their commitment to strengthening bilateral trade and expressed optimism for early progress in the India-GCC FTA negotiations," it said. Both sides noted the strain conflict has put on regional supply chains and stressed the need for an early recovery through coordinated efforts to ensure smooth trade flows, it said. Goyal highlighted India's steps to support exports to Saudi Arabia and the Gulf region. The joint attack launched by the US and Israel on Iran had
Government plans weekly sectoral stress indicator to track trade and logistics disruptions as West Asia crisis raises input costs and supply chain concerns
Commerce Secretary Rajesh Agrawal on Saturday asked the pharmaceutical industry to reduce its dependence on critical imported raw materials and diversify export supply chains to better navigate global uncertainties. Addressing an event in Hyderabad on the sector, he said while India exports to around 200 countries, there remains significant scope for expansion and resilience-building through a stronger market presence. Emphasising the need to navigate an increasingly uncertain and geopolitically volatile global environment, he stressed: "the importance of ensuring greater self-reliance by meeting 80-90 per cent (or higher) of domestic pharmaceutical requirements through indigenous production, while reducing critical import dependencies in APIs, bulk drugs, and intermediates". The Commerce Secretary also underscored the need for a strategic repositioning of India as a global hub for both quality and cost-effective pharmaceuticals, stating that quality will remain the decisive factor
Union Minister of State Suresh Gopi on Saturday said that the country's fuel supply chains are "robust and operational" despite the situation in West Asia. Gopi, the Minister of State for Petroleum, Natural Gas and Tourism, said, in a Facebook post that the recent panic buying seen in some regions were fueled by "false narratives" and "unnecessary alarm". "Chaired a high-level review meeting with representatives from IOCL, BPCL, and HPCL at Thrissur to address the recent narratives regarding fuel shortages. Despite global challenges and the situation in West Asia, our supply chains are robust and operational." "The panic buying we've seen in some regions are being fueled by false narratives and unnecessary alarm," he said in his post. He urged everyone not to fall prey to social media misinformation. "Stay Calm. Stay Informed. Trust only verified sources," he said.
The first meeting of the iGoM, which also comprises Union ministers Amit Shah, Nirmala Sitharaman and Hardeep Singh Puri as other members, might be held on Saturday, sources said
Fuel shortages, tighter diesel credit and LPG constraints are disrupting logistics and delaying expansion, squeezing margins as demand shows early signs of softening
Weaponising trade chokepoints has fragmented global markets like crude oil, leading to sharp regional price variations
India is staring at a widening LPG supply gap as disruptions in the Strait of Hormuz hit imports. While alternative routes and US cargoes offer some relief, shortages could worsen in April.
TVS Supply Chain Solutions sees limited direct impact from the West Asia crisis, with stable volumes and a strong growth outlook ahead.
The Trump administration has banned imports of new, foreign-made routers, citing supply chain vulnerability and cybersecurity risks. The newest addition to the US "covered list" targets consumer-grade routers, the boxes that connect home computers, phones and smart devices to the internet. The list is a catalogue of communications equipment and services considered "to pose an unacceptable risk to the national security of the US or the safety and security of Americans," the Federal Communications Commission said. "Malicious actors have exploited security gaps in foreign-made routers to attack American households, disrupt networks, enable espionage, and facilitate intellectual property theft," the FCC said this week, citing several examples of foreign-made routers that were involved in cyberattacks targeting US infrastructure. Although some routers are sold by US hardware companies such as Netgear and eero, their production is almost exclusively handled overseas. It is unclear if any
Takaichi assigned the task to Trade Minister Ryosei Akazawa on Tuesday morning at a meeting with relevant ministers
Many industrial areas remain underutilised; in Karnataka, some parks have only about 25% of units operational due to poor connectivity, weak governance, regulatory delays and low demand
95% of sites are operating in its 'second home'; supply chain and logistics seen as key challenges, new opportunities likely post war
TVS Supply Chain Solutions sets up a 40,000 sq ft warehouse near Chennai to support Caterpillar's global supply chain, enabling multi-country sourcing and faster logistics operations