Page 13 - Supply Chain

PhysicsWallah to hire 2,500 employees, partner with supply chain firm

Company hiring at a time when large Indian start-ups, especially in edtech, are laying off employees

Pratt & Whitney opens India Engineering Center facility in Karnataka

The new IEC facility is co-located with Pratt & Whitney's India Capabilities Centre (ICC), which opened in 2022 to provide integrated global supply chain support.

Ceat is planning to invest in off-highway tyres segment: Anant Goenka

At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, said Goenka

Recession likely this year; India may benefit from global trends: WEF

A third of respondents consider a global recession to be unlikely this year

Supply chain disruptions likely despite falling trade

After two years of revenue and profit growth, the shipping lines are facing losses on most sailings due to falling freight rates

Goyal calls upon Global South nations to help build resilient supply chains

Goyal also emphasised upon the need for de-politicisation of the global supply of essential medicines

Food supply at risk as banks in Pak reluctant to open letters of credit

Amid the shortage of wheat, the banks in Pakistan remain hesitant in opening letters of credit (LCs) for the import of necessities, posing threat to the food supply, reported The News International

India, US establish new trade group to build sustainable supply chains

The Trade Policy Forum, revived in 2021 after a gap for four years, will reconvene on a ministerial level before end of 2023

DESH Bill deadlock likely to force Cabinet secretary to step in

The department of commerce finalised the new proposed SEZ law and sought inter-ministerial comments in June last year, with an aim to table it in the Monsoon Session of Parliament

Green hydrogen will not be limited by borders: ReNew Power Founder & CEO

'People are looking to get into the manufacturing supply chain, governments are looking at expanding transmission infrastructure,' said ReNew Power founder & CEO, Sumant Sinha

India Inc takes steps to protect supply chain as Covid-19 rages in China

Keeps adequate inventory levels for now; onboards multiple vendors to mitigate risk

Spike in Covid cases in China's Zhejiang renews supply chain concerns

Aside from Apple suppliers, Zhejiang is home to Japanese automaker Nidec and a slew of other foreign manufacturers

Tata chief sees AI/ML, supply-chain diversification as growth drivers

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Global smart home devices market may shrink 2.6% to 874 mn units in 2022

Worsening macroeconomic conditions have led to a reduction in the outlook for global smart home device shipments

India can't afford yet more disruptions to supply chains: Ficci President

'What is most unfortunate is that countries are looking to finance their transition to a green economy by taxing others'

Delhivery to acquire supply chain solutions firm Algorhythm Tech

Algorhythm offers end-to-end supply chain planning and execution products to clients

Ricardo would be turning in his grave

There are limits to building resilience over economic efficiency

Innovation, tie-ups key for India to become core of supply chain: M&M CEO

Scaling up innovation, more collaboration across businesses, larger firms, MSMEs and innovators are critical for India to become the core in the global supply chain instead of just being in the periphery, Mahindra & Mahindra Managing Director and CEO Anish Shah said on Friday. The country has got the best talent with innovations happening across universities and has strengths in manufacturing and it should not be just a "plus one" to China or Europe, he said, while speaking at the annual convention of industry body FICCI. "You heard a lot about 'China plus one' and more recently 'Europe plus one'. Why is it plus one? Why is India not at the core? Why are we on the periphery? What is missing?" he asked. Shah further said, "If you look at what we have today, we have got the best talent. We have got innovations that happen across our universities, across various different areas in India. We are the manufacturing strength now. "We have a government that's committed to driving change ..

G20 meet: Infra to sustainable finance, global headwinds take centre stage

The ministry and the Reserve Bank of India (RBI) are jointly co-hosting the FCBD meeting

Robots now set their sights on a new job: Sewing your blue jeans

The idea of using robots to bring more manufacturing back from overseas gained momentum during the pandemic as snarled supply chains highlighted the risks of relying on distant factories