India formalized its commitment to the Supply Chain Resilience Agreement (Pillar-II) under the Indo-Pacific Economic Framework (IPEF) in November 2023, effective February 2024. Covering 14 nations representing 40% of global GDP, the pact strengthens supply chains critical to national security and economic stability. 

Union Minister Ashwini Vaishnaw has invited German companies to invest in India, emphasizing its political and economic stability. Speaking at the TV9 Global Summit in Stuttgart, he highlighted India’s steady 6-8% growth rate, vast talent pool, and 1,800+ global capability centers.

NATO’s top military official, Dutch Adm. Rob Bauer, has urged U.S. and European businesses to prepare for wartime scenarios to reduce vulnerabilities to Russia and China. Speaking at the European Policy Centre, Bauer emphasized the need for companies to…

Six workers’ unions at India’s state-owned major ports have announced an indefinite strike starting 17 December if the government fails to revise the wage structure and implement a productivity-linked reward program by 15 December, as reported by local news.

The Supreme Court has ruled that Light Motor Vehicle (LMV) license holders can legally operate transport vehicles weighing up to 7,500 kilograms. This landmark decision, led by a Constitution bench under CJI DY Chandrachud, resolves legal uncertainties…

China’s President Xi Jinping inaugurated Peru’s $3.6 billion Chancay Port on November 14, a pivotal Belt and Road Initiative project led by China Ocean Shipping Company (COSCO), which holds a 60% stake.

A new Cyber Roundup Report by Cowbell reveals a staggering 431% rise in supply chain cyberattacks since 2021, underscoring escalating risks for connected businesses. Based on three years of data from over 46 million SMEs across the U.S., UK, and Japan…

Philippine and Vietnamese Exports to U.S. Surge Amid Supply Chain Shifts News: Vietnam's exports to the US surged 24% year-on-year in Q2, ranking second in ASEAN, following the Philippines' 35% rise, according to Nikkei Asia. In the semiconductor and machinery sectors, Vietnam saw a 41% increase, with the Philippines, Thailand, and Malaysia recording gains of…

CBRE Report: Industrial Leasing Surges 48% News: India's Industrial & Logistics (I&L) sector experienced a 48% rise in leasing activity from July to September 2024, with total leasing reaching 11.4 million sq. ft. across the top eight cities, according to a CBRE report. Delhi-NCR, Kolkata, and Hyderabad led the surge, accounting for 65% of the…

Some companies face heat after Donald Trump's victory in U.S elections News: After Donald Trump's victory in the U.S. presidential election, companies like global appliance maker Breville are bracing for potential impacts from his trade policies. Given Trump's history of imposing high tariffs on Chinese imports, many anticipate further tariff increases. As a result, companies…

Navi Mumbai International Airport Welcomes First Aircraft In a landmark moment for the Navi Mumbai International Airport (NMIA; Airport Code: NMI), an Indian Air Force (IAF) aircraft successfully touched down on its South runway. The inaugural landing of the IAF C-295, a large multi-role tactical airlifter, represents a significant milestone in the Adani Group's development…

Exporters Warn that Escalating Conflict in West Asia Could Increase logistics Costs and Disrupt oil. NEW DELHI: The escalating conflict in the West Asian region is likely to further raise logistics costs and negatively impact trade in key sectors such as oil, electronics, and agriculture, exporters have warned. They also noted that insurance premiums for…