India to build a self-reliant EV supply chain News: India's EV supply chain remains heavily dependent on China due to a lack of local battery cell production.The Economic Survey 2024-25 stresses the need for self-reliance, highlighting initiatives like the PLI scheme for advanced chemistry cells and Khanji Bidesh India Ltd. to mitigate risks.  Despite EV sales rising—100,000
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Trump tariff threats leave supply chain stakeholders seeking clarity News: A recent Kuehne + Nagel webinar on navigating potential 25% tariffs on Mexican and Canadian imports saw high engagement, with 1,500 attendees—three times the usual turnout.Greg Tompsett, VP of Customs Brokerage USA, noted the urgency for information as shippers brace for possible tariff implementation.  President Trump’s threats
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Large-sized deals drove 40% of industrial & warehousing demand News: In 2024, industrial and warehousing demand across the top five cities saw 25.6 million sq ft of gross leasing, growing 2% YoY despite a slowdown in Q4.Delhi NCR led with a 26% share, followed by Chennai at 23%. Q4 demand reached 5.5 million sq ft, with
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Economic Survey warns of risks in overdependence on China News: The Economic Survey warns of India's "single-source concentration risk," particularly from China, which poses supply chain, price, and currency risks.Despite its growing industrial base, India’s manufacturing sector remains underdeveloped, contributing only 2.8% of global output compared to China’s 28.8%.  Dependence on Chinese goods for energy transition adds
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Red Sea stability may reduce freight costs by 25% News: Sea freight prices could drop by 25% within months if Red Sea attacks are controlled, says DP World’s deputy CEO.Houthi attacks on over 100 ships since November 2023 have forced vessels to reroute around Africa, raising costs. Stopping these attacks would allow normal shipping through the
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China imposes export curbs: India’s EV and solar industries face supply chain disruption. News: Indian electronics, solar, and EV firms face delays and disruptions due to China’s export restrictions on key inputs and machinery, according to economic think tank GTRI.The curbs may be China's response to India’s restrictions on Chinese investments and visas, signaling rising geopolitical
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India and Indonesia to collaborate on defense manufacturing and supply chain News: Prime Minister Narendra Modi announced that India and Indonesia will enhance cooperation in the defense sector through joint efforts in defense manufacturing and supply chains.Following his meeting with Indonesian President Prabowo Subianto, PM Modi highlighted Indonesia’s role as the chief guest at India’s first
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India's Aviation Set to Flourish in 2025 News: India's aviation sector is poised for growth in 2025 with expanding fleets, more airports, and new airline takeoffs, despite ongoing supply chain challenges.The merger of Air India and Vistara, alongside the integration of Air India Express, creates a larger, more competitive carrier for Tata Group. The Indian market is
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Donald Trump Influence on the Panama Canal News: President-elect Donald Trump’s proposal to reclaim U.S. control over the Panama Canal raises concerns about potential supply chain disruptions. The Panama Canal, crucial for global trade, facilitates 4% of the world’s goods and is vital for U.S. commerce.Regaining control could introduce operational uncertainties, increase geopolitical tensions, and lead
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India Secures $350 Million Loan from ADB News: India signed a $350 million loan agreement with the Asian Development Bank (ADB) under the SMILE program to enhance multimodal logistics and boost manufacturing.The policy-based loan aims to strengthen supply chain resilience, improve logistics efficiency, and incentivize private sector investment.  It will establish a robust policy framework for multimodal
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International Air Cargo Operations Resume at Vizag Airport News: International air cargo operations are resuming at Vizag Airport, managed by the Andhra Pradesh Trade Promotion Corporation (APTPC).This development is set to benefit industries like pharmaceuticals, textiles, and seafood, which faced logistical challenges since the services ceased in 2019-2020, when the airport last handled 470 tonnes
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ESG Regulations: Transforming Supply Chains News: Navigating ESG regulations is now a top priority as businesses face risks related to wage compliance, waste management, and supply chain transparency.Audrey Clavedon, Head of ESG Leadership at Sedex, highlights the rising impact of frameworks like the Taskforce for Climate-Related Financial Disclosure (TCFD) and the EU Green Deal, which push
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Transportation Pricing Index Reaches Peak Level News: Transportation prices surged to a two-year high in December, according to the Logistics Managers’ Index (LMI).The index rose to 66.8, up 3 percentage points from November, marking the highest growth rate since April 2022. Strong consumer demand and record e-commerce deliveries were key factors driving the increase. The LMI's transportation
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Severe Winter Storm Hits the US News: A historic winter storm in the US has caused significant disruptions, impacting logistics and supply chains. Over 1,000 flights have been grounded, and 3,000 delayed, severely affecting passenger travel and air cargo at major Midwest hubs like St. Louis Lambert International Airport.Trucks and employees are immobilized, causing delays in
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Industrial and Warehousing Dominate: $2.5 Billion Invested in 2024 News: Institutional investments in Indian real estate reached USD 6.5 billion in 2024, a 22% year-on-year growth and the highest in five years, driven by strong domestic demand and international interest.The industrial and warehousing sector led with USD 2.5 billion, a 190% increase from 2023, accounting for
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Ministry of Commerce to States and UTs to Develop Tailored Logistics Policies For Growth News:  The Logistics Division of the Ministry of Commerce has urged States and Union Territories (UTs) to develop state-specific logistics policies to drive economic growth and enhance India's global competitiveness.A recent report emphasized addressing regional challenges through tailored policies with clear implementation
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Amid uncertainty over Trump's policies, US companies holds investments in India News: Donald Trump's election has put US companies and their India investments in a "wait and watch" mode, pausing large-scale investments due to policy uncertainty.Many companies await clarity on Trump's post-inauguration policies, with some anticipating a shift favoring India over China.  Electronics firms are delaying decisions
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Government Unveils 'Anna Chakra' Platform to Streamline PDS Supply Chain News: Food and Consumer Affairs Minister Pralhad Joshi launched 'Anna Chakra,' a supply chain optimization tool for the Public Distribution System (PDS), developed with the World Food Programme and IIT-Delhi.The tool uses advanced algorithms to streamline foodgrain logistics for 4.37 lakh Fair Price Shops and 6,700
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India Joins US-Led Supply Chain Resilience Pact Under IPEF News: 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.  A Supply Chain Council (SCC)
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Ashwini Vaishnaw Invites German Companies to Invest in India News: 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.Vaishnaw pointed to India’s healthy balance
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NATO Official Calls on Businesses to Strengthen Supply Chain News: 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 assess their readiness for war and their role
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India Port Strike Could Impact on Fashion Supply Chain News: 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 National Coordination Committee of the Major Port
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Supreme Court Allows LMV Drivers to Operate Transport Vehicles 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, benefiting thousands of drivers and simplifying insurance claim processes.  The court
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China's $3.6B Port in Peru Launches, Revolutionizing Latin American Trade Routes News: 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.Located 78 km from Lima, the port aims to boost South America-Asia trade,
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431% Increase in Supply Chain Cyber Attacks Since 2021 News: 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, the report identifies manufacturing as the
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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 36%, 16%,
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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 volume.Delhi-NCR
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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 reliant on
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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 of the
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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 exports to
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India Post issues special Postage stamp to recognise 25 years of Mundra Port GANDHINAGAR : In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Shri Bhupendrabhai Patel released a commemorative postal stamp to honour the port's contributions to India's maritime and economic growth.The event, held on World Post Day, highlights the transformation of
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Asia-US Container Rates Drop Further, Decline Continue After the ILA Strike HOUSTON: Container shipping rates from East Asia and China to the US have continued to decline following the resolution of a brief three-day strike at US Gulf and East Coast ports.The International Longshoremen's Association (ILA) strike led to minimal disruption, with analysts predicting that the
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Indian logistics market to expand to Rs 13.4 trillion by FY28: Report New Delhi: The Indian logistics market, valued at ₹9 trillion in FY23, is expected to experience substantial growth, reaching ₹13.4 trillion by FY28. This growth represents a compounded annual growth rate (CAGR) of 8-9%, as reported by Motilal Oswal.This growth is being fuelled by
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Warehousing Industry in India Strengthens News: NEW DELHI: India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024.This increase is primarily driven by favorable government initiatives and a global strategy to diversify supply chains away from China.Cities like Pune, Delhi-NCR, and Kolkata are
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Adani Launches Supply Chain Company in China News: Singapore-based Adani Global Pte, a step down subsidiary of Adani Enterprises, has incorporated a wholly-owned subsidiary, Adani Energy Resources (Shanghai) domiciled in Shanghai, China. The registered share capital of AER is $2.1 million, according to a filing with the stock exchanges."AER is incorporated to carry out business of
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India U.S aim to Secure $1 Billion IBRD Fund to Build Clean Energy supply Chain News: WASHINGTON, D.C.: Following bilateral talks between PM Modi and Joe Biden on the outskirts of the Quad Summit, the White House announced that India and the US are looking for USD 1 billion from the International Bank for Reconstruction and
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Govt of Kerala Launches Logistics Park Network News: THIRUVANANTHAPURAM - In anticipation of the upcoming Vizhinjam International Transshipment Port, the Kerala state government is taking significant steps to support businesses connected to the port by launching a network of Logistics Parks.These parks, strategically located near the new port—which is a key infrastructure project for the region—will
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Indian Government Plans to Transform India Post into a Logistics Giant News: NEW DELHI: The goal of the Indian government's transformation Indian Post into a full-service logistics company is to increase the company's revenue by 50–60% within the next three to four years.Union Telecom Minister Shri Jyotiraditya Scindia disclosed that the postal department currently generates an
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Next IPEF’s Supply Chain Council Meeting to be Held in December News: NEW DELHI: On Monday, the Commerce Ministry announced that the next IPEF’s supply chain council meeting, established under the agreement of the 14-member IPEF, is scheduled for December.The Indo-Pacific Economic Framework for Prosperity (IPEF) bloc was initially launched by the US and its Indo-Pacific
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Container Handling Capacity In India Is Set To Double In The Next Five Years: Sonowal News: Container handling capacity in India is set to double over the next five years, reaching 40 million TEUs (twenty-foot equivalent units), according to Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways. This expansion is projected to create two million job
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Thousands of Trucks Are Stranded Across Due to FASTag Issues in India News: Widespread technical problems with the FASTag toll collection system are severely disrupting India's road freight industry, which is the foundation of the country's economy.The transportation of necessities is reportedly being severely hampered by the thousands of trucks that are apparently stuck at toll
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Two Years On: How India's National Logistics Policy is Revolutionizing the Sector and Driving Economic Growth News: Two years after the introduction of India's National Logistics Policy (NLP), its significant impact on the country's logistics sector is evident. Launched on September 17, 2022, the policy aimed to tackle inefficiencies, enhance productivity, and reduce the high
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India's Container Prices Soar 27% Amid Global Tensions News: Geopolitical challenges led to a 27% increase in container logistics costs in India’s shipping market in July. Despite this volatility affecting Asian markets, India has shown resilience, according to a report released on Thursday.Most supply chain experts expect container prices to rise further in August, based on
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JLL Highlights Strong Growth Trends in Logistics and Industrial Sectors for 2024 News: India's logistics and industrial sector has seen impressive growth in the first half of 2024, highlighting its strength in today's market, according to a report by real estate firm JLL.In major cities like Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, Hyderabad, Ahmedabad, and Pune,
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