PM Modi at Global Investors Summit News: Prime Minister Narendra Modi inaugurated the Global Investors Summit in Bhopal, unveiling 18 industrial and startup policies of Madhya Pradesh. He emphasized India's emergence as a top supply chain hub for global aerospace firms and reiterated the government's vision to make Madhya Pradesh an investment hub. Prominent industrialists…

Mega ports set to commence operations by 2029 News: The year 2029 could mark a pivotal moment for India's maritime trade with the completion of the first phase of mega port projects in Vadhavan (Maharashtra) and Great Nicobar (Andaman and Nicobar). Join Our Community Speaking to ET, Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal stated…

Trump unveils plan for reciprocal tariffs on all U.S. trade partners. News: Former President Donald Trump signed a memorandum directing the U.S. to consider implementing reciprocal tariffs, matching the tax rates other nations impose on American imports. Trump stated that any country charging the U.S. a tariff would face the same tax in return. The…

India is building a sanctions-proof supply chain for Russian oil News: Indian oil refiners are restructuring supply chains to continue importing discounted Russian crude amid stricter U.S. sanctions. At India's flagship energy gathering in Delhi, executives revealed that networks are being adjusted using non-blacklisted sellers, shippers, and insurers. Some firms remain unaffected, while new entities…

The India-US TRUST initiative, and how will it enhance critical minerals and pharmaceutical supply chains News: India and the U.S. have launched the Transforming Relationship Utilizing Strategic Technology (TRUST) initiative to strengthen cooperation in critical minerals, including lithium and rare earth elements (REEs). Building on India’s inclusion in the U.S.-led Minerals Security Finance Network and…

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…

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. …

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…