New Delhi, April 10 (IANS) The Government of India is continuing its proactive and coordinated response to the evolving situation in West Asia, with the Commerce and Shipping Ministries convening high‑level stakeholder consultations to address emerging logistics, packaging, and shipping‑related challenges impacting India’s trade and export ecosystem, according to an official statement issued on Friday. Two important meetings were held, one under the chairpersonship of the Commerce Secre…
Latest Supply Chain News & Updates
Washington, April 9 (IANS) A global oil shock linked to the Middle East conflict is set to hit growth and stoke inflation across energy-importing economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday. In her curtain raiser speech ahead of the Annual Spring Meeting of the IMF, Georgieva said the disruption has cut the world’s daily oil flow by about 13 per cent and liquefied natural gas (LNG) supply by 20 per cent, triggering a broad-based rise…
New Delhi, April 7 (IANS) A rate cut in this environment will be fairly difficult because of inflation pressures, so the RBI may stay at current rate levels, Anant Goenka, President of FICCI, said on Tuesday. Speaking to IANS on the sideline of an event, he noted that the ongoing geopolitical crisis “has had several adverse impacts in the form of logistics, cost increases, demand slowdown and long-term uncertainty” for Indian industry.”Industry is grappling with rising uncertainty as global …
New Delhi, April 7 (IANS) FMCG companies should adopt contingency‑led supply‑chain planning, portfolio consolidation and revenue growth management to counter risks to India’s consumer products and retail industry from the US–Iran war, a report said on Tuesday.The report from EY India also urged sharper resource allocation, localisation, and backward integration across value chains.Sectors most exposed to oil, petrochemicals and global shipping—edible oils, textiles, paints, packaged fo…
Mumbai, April 2 (IANS) Maharashtra Minister of Protocol and Marketing Jaikumar Rawal on Thursday said that amid the global LPG shortage triggered by the conflict in West Asia, the state government is taking all necessary measures to ensure a smooth gas supply for domestic industries, enterprises set up by foreign investors, and citizens. He emphasised that the government will not let any industry face hardships during this crisis.Following requests from the Consuls General of Sweden, Japa…
New Delhi, April 2 (IANS) The domestic automotive metal forming market of India is projected to nearly double to $90-95 billion by FY30, growing at around 12 per cent annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said.As per Avendus Capital analysis, India’s auto component industry — casting, forging, stamping and machining — crossed $80 billion in size in FY25 and turned a net exporter during the year, with exports reach…
Washington, April 1 (IANS) The US Department of War has struck a seven-year agreement with Boeing and Lockheed Martin to more than triple production capacity of a critical component used in Patriot missile systems, aiming to strengthen supply chains and accelerate delivery of air defence capabilities. The agreement focuses on ramping up production of “seekers” for the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE), a key element that enables precision targetting.Offi…
New Delhi, March 29 (IANS) At a time when geopolitical tensions in West Asia have raised concerns globally, India’s supply chain ecosystem continues to remain robust, stable, and well-prepared under the decisive leadership of Prime Minister Narendra Modi, the Confederation of All India Traders (CAIT) said on Sunday.CAIT Secretary General and Delhi MP Praveen Khandelwal said that the Government has already clarified that there are adequate stocks of essential commodities across the country, and…
New Delhi, March 26 (IANS) As the Gulf conflict continues, the disruption in global fertiliser markets has again exposed the weaknesses of Pakistan’s farm input security, according to local media reports.While domestic capacity has insulated Pakistan from the worst effects of the urea shock, the same cannot be said for diammonium phosphate, where reliance on imports leaves the farm economy vulnerable, according to an article in the Dawn newspaper.Local production in the case of urea has helped…
New Delhi, March 26 (IANS) Hiring in India’s e-commerce and quick commerce sector has grown sharply by 35 per cent over the last two years, with companies increasingly focusing on technology and execution capabilities, a new report said on Thursday.According to a report by CIEL HR, total hiring demand in the sector rose from 73,320 roles in 2023 to nearly 98,750 roles in 2025.“This growth is also accelerating a structural shift in hiring, as e-commerce companies move beyond expansion-led rec…