Page 27 - Supply Chain

Speciality chemicals firms see gains from coronavirus scare as orders rise

Supply disruption in China, new orders, and expansions are key positives

Tata Motors, M&M, MG Motors face supply issues from China over coronavirus

Tata Motors, Mahindra and Mahindra (M&M) and MG Motor India on Sunday said they are facing challenges in terms of component supply from coronavirus hit-China. M&M has reported a 42 per cent decline in total sales at 32,476 units in February. "...because of the unforeseeable challenges on the parts-supply from China, our BS VI ramp-up has been affected," Veejay Ram Nakra, Chief of Sales and Marketing, Automotive Division, M&M Ltd said in a statement. This has resulted in high de-growth in billing volume for February and dealer inventory is now under 10 days, he said. "Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy," he added. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd said the outbreak of Covid-19 in China and a recent fire incident at one of its strategic vendors affected the vehicle production and wholesale volumes. MG Motor India too reported lower retail ...

Tata Motors domestic sales drop 34% in Feb as coronavirus disrupts supplies

Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd said that commercial vehicle domestic sales in February was 35 per cent lower than last year

ADB to give $4 mn to member countries in Asia, Pacific to fight coronavirus

The funds will be available for all ADB developing member countries in updating and implementing their pandemic response plans

Coronavirus: Firms haven't expressed raw material supply concerns, says FM

The deadly virus which originated in China has claimed the lives of more than 2500 people in the country

Coronavirus may hit global GDP by $250 bn, cut growth: Industry body PHDCCI

PHDCCI President D K Aggarwal said disruptions in the global supply chains will not only hit China's exports but also the exports of the importing countries

Coronavirus can hit Indian companies amid supply chain disruptions: Report

Coronavirus outbreak could cause a dent to the recovery of the Indian economy amid supply chain disruptions and inflationary pressures, a report said on Thursday. According to Dun & Bradstreet's Economy Observer report, manufacturing companies could face production disruptions if the length of the outbreak gets prolonged and their supply chain is not restored to normalcy. "The outbreak of coronavirus, through the direct and indirect linkages of trade and commerce and global supply chain, could impact Indian companies," said Arun Singh, Chief Economist Dun & Bradstreet India. Singh further said that inflationary pressures are likely to rise, at least in the short term, through the channels of uncertainty and disruption in the supply chain. The coronavirus outbreak has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt across industries. On January 30, the World Health Organization (WHO) declared the coronavirus ...

Need to improve supply chain in agriculture: RBI Governor Shaktikanta Das

According to the RBI governor, wider rural road network, better communication facilities, and easier access to micro credit will contribute to better price realisation for farmers

Walmart, Flipkart jointly invest in fresh produce supply startup Ninjacart

Founded in 2015, Ninjacart moves over 1,400 tons of fresh produce per day, having doubled its volumes in the last four months, it was stated.

Rethinking supply chains in the Indo-Pacific

Global companies are re-evaluating their supply chains to mitigate the impact of this uncertainty on cost and earning structures

India needs low tariffs to create more jobs, draw supply chains: Rajan

'I would say engaging in such a way that we bring more supply chains to India and create more job opportunities,' Rajan said

Development dilemmas, at home and abroad

The confluence of an impossible trinity at home and natural, economic, technological and geopolitical disruptions globally raises major concerns

Are these seven deadly sins plaguing your supply chain in India?

Indian companies need to see their supply chains are sources of value-and then take action to unlock that value. To do so, they need to innovate and eliminate traditional practices

Mahindra Group, IBM to develop blockchain solution for supply chain finance

This will be first-of-its kind application outside banking industry