Deputy Under Secretary of Commerce for International Trade, said that India with its "Atmanirbhar Bharat" Initiative has put forward a programme that puts a question mark on notion of self-reliance
The arrangement will in the long term act as a counterweight to current and proposed trading arrangements in the Asia-Pacific region, officials said
VijayRaghavan said the ongoing coronavirus pandemic has highlighted how vital it is to be protected from the disruption of global supply chains
Phool.co says it converts floral waste at temples into charcoal-free luxury incense products
For international investors in general, currency risk - above all the weakening of the US dollar - has become the most important financial risk of the year
The government expects the program for electronics alone could lead to $153 billion worth of manufactured goods over the next five years and create about one million jobs directly and indirectly
Companies focused on farm technology are witnessing a surge in funding
Most players struggle to get back on course, but Britannia emerges stronger
The auto major also plans to locally manufacture hybrid systems in the country
Globalised supply chains have been designed to source components from where it is most efficient to deliver these components at the time required, at the cheapest possible cost
Some of the global supply chains will move out from China and will flow mostly to Asian countries, with India poised to be the top beneficiary
Global companies that manufacture here say the move will impact their supply chain and force them to halt production.
The PSU also said that it is making efforts to get the taxes and duties rationalised due to the severe impact caused by the pandemic
Made-in-India solar panels might not be the most competitive, but what might work in the country's favour is the strategic shift in the priorities of companies post Covid
National security requires that we review supply chains for critical-mineral industries to deal with obstacles to international trade
The second of a five-part series focuses on how the lockdown has compounded the woes of already-struggling firms
The world gross domestic product is expected to contract by 3%, international trade may decline by up to 32%, and 49 million people could slip into extreme poverty
Auto sector may suffer double-digit decline in FY21, cement sector under pressure despite early start in infra activity
Policy confusion and discrimination in retail must end
The first of a three-part series looks at how manufacturing units are gearing up to the new normal