New Delhi, May 6 (IANS) Geopolitical tensions, supply chain disruptions and rapid technological changes are reshaping how economies participate in global value chains, the Asian Development Bank (ADB) said on Wednesday.Greater specialisation in the stages of global production has helped Asia and the Pacific achieve economic growth, create jobs, and reduce poverty over the past quarter century, according to the ADB’s ‘Asian Development Policy Report 2026’.The report found that the region ac…
Latest Supply Chain News & Updates
New Delhi, May 5 (IANS) The third Joint Committee Meeting (JCM) on Healthcare between India and Japan was held here on Tuesday, with both sides committing to deepen cooperation for stronger healthcare systems, resilient medical supply chains and enhanced collaboration in digital health, medical innovation and workforce development.The meeting was co-chaired by Union Minister of Health and Family Welfare, Jagat Prakash Nadda and Japan’s Minister in charge of Healthcare Policy, Kimi Onoda.Nadda …
New Delhi, April 24 (IANS) Global smartphone system-on-a-chip (SoC) shipments declined 8 per cent year-on-year in Q1 2026, a report showed on Friday.The ongoing memory crunch is impacting both smartphone OEMs and SoC vendors’ new product development while forcing them to optimise their product portfolios, said the report by Counterpoint Research.The premium segment has remained relatively resilient, with higher costs largely passed on to end consumers. Meanwhile, the entry-level OEMs are incre…
New Delhi, April 22 (IANS) The government will hold an Open House in the national capital on April 27 to discuss issues related to import of steel amid the global tensions.The Ministry of Steel said that companies and associations may present their issues related to above subjects in the Open House. “The Open House will be conducted from 11:00 am to 5:00 pm and specific time slots will be indicated via e-mail. Walk-ins will not be possible due to logistic challenges and only one representative…
New Delhi, April 20 (IANS) Japan’s move to open a dedicated office in India to help Japanese firms navigate regulatory hurdles and boost investment signals Tokyo’s long‑term bet on India’s economic and strategic role in the Indo‑Pacific, according to a new report.The India Narrative report said the office will deepen ties beyond manufacturing, linking Japan’s large corporations with India’s start‑up ecosystem, artificial intelligence sector, critical minerals, and clean‑energy chai…
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…
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…