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. ...
18 Jan, 2024, 01.29 PM IST
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...
21 Jul, 2023, 11.09 AM IST
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.
17 Jul, 2023, 10.11 AM IST
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...
17 Jul, 2023, 12.55 AM IST
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...
15 Apr, 2023, 09.48 AM IST
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...
16 Mar, 2023, 11.08 AM IST
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...
06 Mar, 2023, 06.10 PM IST
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 ...
25 Feb, 2023, 01.18 PM IST
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....
25 Feb, 2023, 10.06 AM IST
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. ...
18 Feb, 2023, 09.41 AM IST
Future of trade is digital, green and inclusive: WTO chiefThe World Trade Organization (WTO) and others have also been warning that deglobalisation would negatively impact the world, especially eme...
17 Jan, 2023, 10.54 PM IST
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...
14 Jan, 2023, 10.00 AM IST
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...
30 Nov, 2022, 09.25 AM IST
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...
19 Nov, 2022, 10.38 AM IST
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 ...
17 Sep, 2022, 12.43 AM IST
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...
16 Sep, 2022, 12.09 AM IST
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 ...
19 Jul, 2022, 09.15 AM IST