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FRIENDSHORE
India's shock absorbers are not workingIndia's external sector faces unprecedented pressure. Shock absorbers that previously aided recovery have weakened simultaneously. This inc...- Net FDI inflows dip, investors opting for Mexico, VietnamOfficials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors...
- Yellen sees growing trade with Chile, a vital EV metal supplierChile has the world’s largest reserves of lithium and is the No. 2 supplier after Australia. That also makes it a vital partner for China, ...
- FTA with EU will be the hardest nut to crack: Former Commerce Secretary Rajeev KherFormer Commerce Secretary Rajeev Kher in an interview with ET said FTA negotiations prioritize preferential agreements over multilateralism...
- India most-trusted country; world should consider "trust-shoring" for doing business: VaishnawIndia's Prime Minister Narendra Modi has made the country the most trusted country globally, according to Union Minister Ashwini Vaishnaw. ...
- Yellen friend-shoring push in authoritarian Vietnam draws flackLast year, Yellen insisted on shifting away from supply chains that exploit basic human rights, referring to China. She is now meeting Viet...
- India plays an integral role in boosting supply chain resilience through friendshoring: YellenThe US Treasury Secretary highlighted the need of deepening the relationship between the two countries in the context of friendshoring.
- India 'indispensable partner' for friendshoring: US Treasury Secretary Janet YellenYellen said, “Friendshoring is an important foundation of our approach to increasing resilience of our supply chains, and we see India as a...
- China takes swipe at Western 'friend-shoring' effortsIt has become a top priority among Western economies to reducing their deep dependence on China for supply chain as the latter's threats to...
- TSMC's founder says he supports US efforts to slow China's chip advancesIn the past few years, China has ramped up diplomatic and military pressure against Taiwan, which the former views as its territory. This h...
- Finance Minister Nirmala Sitharaman explains why India is an attractive destination for global businessesShe listed out multiple factors including well-trained youth, a middle class which itself gives a captive market and which has a certain pu...
- Apple-Google expanded phone production in India, eager to deepen ties with tech sector: US Treasury SecretaryDuring the roundtable, Nilekani said Infosys has opened new centres in six different American states in the last few year and hired 25,000 ...
- Nearshoring to Mexico, Canada: What Biden’s move to localise supply chain means for IndiaThe US, Mexico and Canada are working towards moving the supply chain closer to home and reducing dependence on China and the Asia-Pacific....
- How a balloon from China lifts India’s trade prospects in ‘friendshoring’The geopolitical climate and India’s inherent strengths puts it in a position to tap the potential of a rising trade trend, led by the US. ...
- US reshoring of supply chain to be limited by costs, studies sayA survey of over 2,600 industry professionals by logistics services platform Container xChange said that 88% believe that inflation and rec...
- UN sees friend-shoring risks in a fragile global trading systemDisruptions from the fighting in Ukraine have already led to higher grain prices and dry-bulk freight rates, which contributed to a 1.2% in...
- What is 'Friendshoring', the buzzword in global supply chains?At the start of the COVID-19 pandemic, Bonnie Glick, then the deputy administrator of the U.S. Agency for International Development, was st...
- Friendshore in deed works only to a pointIndian companies are reportedly exploring 'friendshoring' options to preserve continuity of supplies. The latest trend in de-globalisation ...
- Cos look to cut China ties, Derisk supply chains with 'friendshoring'Corporates are looking at collaborating with companies of friendly countries and like-minded trading partners in trusted geographies to pre...
- Yellen touts ‘friend-shoring’ as global supply chain fixThe Treasury chief singled out China, which has come in for increasing criticism from the Biden administration over a number of issues, as ...
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