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Indian Manufacturing Reports: India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China, ET Auto - Vimarsana News

Indian Manufacturing Reports: India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China, ET Auto

Indian Manufacturing Reports: India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China - Vimarsana News

India winning global manufacturing battle, BCG report shows impact of supply chains shifting away from China

India has emerged as a winner in global manufacturing, with its exports to the US increasing by $23 billion, a 44% rise from 2018 to 2022. In contrast, China experienced a 10% decline in exports to the US during the same period. This shift in manufacturing and sourcing occurred due to trade wars, the pandemic, geopolitical tensions, and supply bottlenecks.

India export duty stifles activity, prices ease in other hubs - Vimarsana News

India export duty stifles activity, prices ease in other hubs

India's tax on parboiled rice exports has led to a halt in trade activity. However, it is expected to restart after the duty becomes nil post-Oct. 15. The prices for 5% broken parboiled rice in India remained near a record high, while Vietnamese and Thai export rates eased slightly. The prices for 5% broken rice in Thailand and Vietnam have dropped due to a weaker baht and lower demand from the Philippines.

India export duty stifles activity, prices ease in other hubs, ET Retail - Vimarsana News

India export duty stifles activity, prices ease in other hubs, ET Retail

India Export: India's tax on parboiled rice exports has led to a halt in trade activity. However, it is expected to restart after the duty becomes nil post-Oct. 15. The prices for 5% broken parboiled rice in India remained near a record high, while Vietnamese and Thai export rates eased slightly. The prices for 5% broken rice in Thailand and Vietnam have dropped due to a weaker baht and lower demand from the Philippines.

Tata Group: Nvidia ties up with Tatas, Reliance for AI tech infrastructure - Vimarsana News

Tata Group: Nvidia ties up with Tatas, Reliance for AI tech infrastructure

Nvidia has partnered with Reliance Industries and Tata Group to establish AI infrastructure in India. The partnership with Reliance aims to provide AI