Page 2 - Supply Chain

Top headlines: AI seals largest plane deal, MSCI readies verdict on Adani

Business Standard brings you the top headlines at this hour

Supply chains back to pre-Covid levels for consumer durable firms

Constraints still easing for auto firms; companies wary of commodity prices as Chinese demand may push them up

Semiconductor chip supply constraints put brakes on auto OEM ramp-up

Firms struggle to increase production as supplies yet to fully normalise

PhysicsWallah to hire 2,500 employees, partner with supply chain firm

Company hiring at a time when large Indian start-ups, especially in edtech, are laying off employees

Pratt & Whitney opens India Engineering Center facility in Karnataka

The new IEC facility is co-located with Pratt & Whitney's India Capabilities Centre (ICC), which opened in 2022 to provide integrated global supply chain support.

Ceat is planning to invest in off-highway tyres segment: Anant Goenka

At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, said Goenka

Recession likely this year; India may benefit from global trends: WEF

A third of respondents consider a global recession to be unlikely this year

Supply chain disruptions likely despite falling trade

After two years of revenue and profit growth, the shipping lines are facing losses on most sailings due to falling freight rates

Goyal calls upon Global South nations to help build resilient supply chains

Goyal also emphasised upon the need for de-politicisation of the global supply of essential medicines

Food supply at risk as banks in Pak reluctant to open letters of credit

Amid the shortage of wheat, the banks in Pakistan remain hesitant in opening letters of credit (LCs) for the import of necessities, posing threat to the food supply, reported The News International

India, US establish new trade group to build sustainable supply chains

The Trade Policy Forum, revived in 2021 after a gap for four years, will reconvene on a ministerial level before end of 2023

DESH Bill deadlock likely to force Cabinet secretary to step in

The department of commerce finalised the new proposed SEZ law and sought inter-ministerial comments in June last year, with an aim to table it in the Monsoon Session of Parliament

Green hydrogen will not be limited by borders: ReNew Power Founder & CEO

'People are looking to get into the manufacturing supply chain, governments are looking at expanding transmission infrastructure,' said ReNew Power founder & CEO, Sumant Sinha

India Inc takes steps to protect supply chain as Covid-19 rages in China

Keeps adequate inventory levels for now; onboards multiple vendors to mitigate risk

Spike in Covid cases in China's Zhejiang renews supply chain concerns

Aside from Apple suppliers, Zhejiang is home to Japanese automaker Nidec and a slew of other foreign manufacturers

Tata chief sees AI/ML, supply-chain diversification as growth drivers

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Global smart home devices market may shrink 2.6% to 874 mn units in 2022

Worsening macroeconomic conditions have led to a reduction in the outlook for global smart home device shipments

India can't afford yet more disruptions to supply chains: Ficci President

'What is most unfortunate is that countries are looking to finance their transition to a green economy by taxing others'

Delhivery to acquire supply chain solutions firm Algorhythm Tech

Algorhythm offers end-to-end supply chain planning and execution products to clients

Ricardo would be turning in his grave

There are limits to building resilience over economic efficiency