Page 4 - Supply Chain

Goyal calls for resilient supply chains, less reliance on foreign tech

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

Willing to pay extra to build resilience in our supply chains: Goyal

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

The new 'China Shock' threatens developing economies, not the West

If China truly aspires to global leadership, it must vacate the low-skill manufacturing space in favour of developing countries

Global airlines face $11 billion supply chain hit in 2025, says IATA

"Even if you halve the number, it's still a massive drag on the industry," Walsh said in an interview

India must seize strategic geopolitical opening US-China face-off offers

Amid US-China trade tensions and economic vulnerabilities, India must seize the "China +1" opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth

JICA signs ₹75 mn loan deal with ECOM to boost Asian coffee supply chains

The Japan International Cooperation Agency (JICA) has signed a loan agreement for up to USD 75 million with ECOM Agroindustrial Corp Ltd and its group company ECOM Agroindustrial Asia Pte Ltd to support coffee supply chains across Asia, JICA said on Wednesday. The loan, co-financed by the Asian Development Bank (ADB), marks JICA's first exclusive working capital loan and aims to strengthen cooperation with global agricultural trading companies to support Asia's agricultural and food supply chains. The financing will support stable procurement of coffee from over 60,000 smallholder farmers in India, Indonesia, Papua New Guinea and Vietnam, JICA said in a statement. The project includes purchase funds and consulting services such as coffee certification support, climate change adaptation pilot projects and farming support for female farmers. India's coffee industry accounted for 3 per cent of global production in 2022, ranking eighth worldwide, and provides direct employment to over

Chips on the table: Phase 2 of semiconductor mission must shift the focus

Modi says India will capture a major share of global semiconductors as ISM Phase 2 shifts focus to ecosystem support and supply chain resilience

Semicon India 2025: Industry flags infra, talent as key challenges

Industry leaders at Semicon India 2025 said India's semiconductor sector faces hurdles including infra gaps, shortage of fab-specific talent and supply chain vulnerabilities

India emerging GCC hub for life sciences companies, says EY report

The report, titled Reimagining Life Sciences Global Capability Centres (GCCs), said that life sciences GCCs in India now handle 70 per cent of finance, 75 per cent of HR, 62 per cent of supply chain

Flipkart creates 220k seasonal jobs in supply chain, logistics, delivery

E-commerce major Flipkart on Monday said it has created over 2.2 lakh seasonal job opportunities across supply chain, logistics, and last-mile delivery roles, ahead of the festive season. Additionally, Flipkart's logistics network will see 650 new festive-only delivery hubs in Tier 2 and 3 cities, according to a company statement. "In the lead-up to the festive season, Flipkart is scaling employment opportunities, infrastructure, and tech deployments across 28 states. With the creation of over 2.2 lakh+ job opportunities, expanded last-mile reach, and inclusive hiring across Tier 2 and 3 cities, Flipkart's ecosystem-first approach this festive season is built for scale," it said. This includes a 10 per cent rise in female hiring, and an additional focus on creating more festive job opportunities for PwD (persons with disabilities) individuals, Flipkart said. Earlier this month, Amazon India said it has created over 1.5 lakh seasonal work opportunities in its operations network of .

Funding cuts will push millions towards starvation, says UNWFP's Carl Skau

India should scale up funding to supplement the fund crunch, says Carl Skau

GST reforms: FMCG distributors write to FM, flag supply-chain risks

Request for guidelines for smooth transition

Bajaj Auto restarts Chetak deliveries; secures supply of rare earth magnets

Bajaj Auto resumes deliveries of its Chetak electric scooter after overcoming global supply disruptions, securing sufficient rare earth magnets for the upcoming festive season

TVS SCS Q1 net profit soars eightfold to Rs 71 crore on InvIT, ops gains

Improved operational efficiency and gains from TVS ILP's InvIT listing drive a sharp jump in TVS Supply Chain's consolidated net profit in Q1 FY26

Trump tariff impact: Logistics players to realign supply chain network

There can be a realignment to Europe, Southeast Asia, and the Gulf Cooperation Council, as trade routes adjust

India needs more Apples: Replicating Apple's model to attract top brands

The PLI for smartphones was extremely sophisticated in design, a win-win for all parties

Rare earths not rare, their concentration is: GSI chief Asit Saha

At present, GSI has almost 240 projects on critical minerals, including around 100 related to rare earth

Mahindra, Uno Minda eye making rare earth magnets in India as China curbs bite

Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and stockpiling amid Chinese export curbs

Resilient supply chains needed for agri sector, says Piyush Goyal

While the minister did not refer to any country, the statement came at a time when China has reduced exports of a critical fertiliser - di-ammonium phosphate - creating a global supply squeeze

Consumers get ₹7.14 cr refund in 2 months via consumer helpline support

National Consumer Helpline (NCH) has helped consumers in getting refund of Rs 7.14 crore in the last two months from retailers, including e-commerce players. In an official statement on Friday, the Department of Consumer Affairs highlighted that the NCH "facilitated refund of Rs 7.14 crore to consumers in last two months". With the assistance of the helpline, 15,426 consumer grievances related to refund claims were addressed. The grievances were related to 30 sectors. The NCH is a key initiative of the department and it plays a crucial pre-litigation role in resolving consumer grievances swiftly and amicably. The redressal of consumer grievances at the NCH-level reduces the burden on consumer commissions under the Consumer Protection Act, 2019. Elaborating further, the department noted that the e-commerce sector contributed maximum 8,919 grievances. Hence, the refund was also the highest in this sector at Rs 3.69 crore. "The facilitation of Rs 7.14 crore in refunds between April