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Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

Zetwerk eyes $1 billion IPO to boost growth

The company’s platform facilitates connections between suppliers and clients across industries, including aircraft engine manufacturing, consumer electronics, and home appliances. Read more

Socomec appoints Devender Singh Manhas as Head - Commercial Supply Chain

With a workforce of 3900 employees, 12 production sites, and over 30 subsidiaries spanning five continents, Socomec Group is a key player in the industry. Headquartered in Chennai, Socomec India boasts branch offices across 12 locations nationwide, with a cutting-edge manufacturing facility situated in Gurugram, Haryana.Read more

DCGI introduces guidelines for product traceability in pharma supply chain

The introduction of these guidelines is particularly timely, as the Indian pharmaceutical industry has come under scrutiny following reports linking spurious cough syrups from India to children's deaths in Gambia, Cameroon, and Uzbekistan.Read more

Motherson Group joins Apple India supply chain with BIEL Crystal partnership

Corning, another key Apple supplier, is expected to begin production at its Tamil Nadu facility in late 2025.Read more

Danfoss Power Electronics marks 10 years of production in India

These initiatives have significantly contributed to decarbonising India's infrastructure sector and paving the way for a greener future.Read more

The effect of modernisation on supply chains

Companies today face challenges related to managing multiple suppliers, navigating international regulations, and addressing logistical hurdles. Read more

Waaree Energies sends banned Chinese components in solar panels to US

Indian products accounted for 9.3% of US solar imports in the first 11 months of last year, up from 1.9% in all of 2022. Read more

Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

Nonconventional routes to MSME financing

Despite playing a vital role in the economy, micro, small and medium enterprises (MSMEs) often struggle to access affordable financing necessary for their growth. In this article, Rakesh Rao explores some non-traditional routes to ease funding pressure on MSMEs.Read more

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