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INDIA SOURCING
India draws $351 billion in greenfield FDI, outpaces ChinaSpeaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors am...- Suppliers Tejas, C-DoT claim BSNL equipment meet TRAI standardsTejas Networks and C-DoT have confirmed that their equipment meets the quality benchmarks set by Trai. Bharat Sanchar Nigam Ltd recently so...
- GE Aerospace aims to double India sourcing to $400 million in four yearsGE Aerospace intends to increase its supply chain investments in India to $400 million annually by 2030. The company aims to expand its pro...
- Zetwerk’s early backers stand to make returns of up to 38-fold at IPO priceVenture capital (VC) firms Kae Capital, Accel, Peak XV Partners and Lightspeed Venture Partners will together sell 76.3 million shares, acc...
- Overseas buyers from 100 countries to engage with 3,000 exhibitors at 62ndIHGF Delhi Fair this weekIndia’s handicraft sector is looking to strengthen its global reach as the 62nd IHGF Delhi Fair brings together over 3,000 exhibitors and b...
- 40 SpiceJet pilots refuse to fly Q400 aircraft till salary dues cleared, sources sayAround 40 pilots of SpiceJet's Q400 fleet have delayed their flights until unpaid salary dues are settled. This decision has received suppo...
- US AI infra demand driving Zetwerk’s order book growth: CEO Amrit AcharyaAcharya added that the perception that India has been missing from the AI infrastructure supply chain had weighed on sentiment towards the ...
- GE Aerospace to boost India supply chain spending to $400 million by 2030; eyes more sourcing of componentsIn a strategic push, GE Aerospace plans to ramp up its supply chain spending in India, setting an ambitious goal of USD 400 million. This i...
- India awaits how Trump will route diesel buy from RussiaIndia is carefully studying Trump's announcement and its implications for the country's energy purchases from Moscow, sources added. While ...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
- India targets 604 MT steel capacity by 2047, plans to cut carbon intensity: ReportIndia's government has introduced a draft steel policy for public consultation, targeting a steel capacity of 604 million tons by 2047. The...
- Riyadh airport operations suspended for another 24 hours: ReportRiyadh's international airport has announced a temporary suspension of operations following tragic attacks that occurred recently. Authorit...
- Andhra factory makes 3 million tea bags daily for global giants Walmart, Aldi and CarrefourEverton Tea India thrives in Tirupati, manufacturing a whopping three million flavored tea bags each day for international markets. Since i...
- India holds soybean cargoes over doubts about Niger origin, sources sayIndian customs authorities have held about 1,500 tonnes of soybean cargoes at JNPT after importers failed to provide documents proving the ...
- India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
- India steel ministry unlikely to seek new curbs on cheap imports, government source saysIndia's steel ministry has decided against new measures to restrict cheap steel imports for now. The country is dealing with increased impo...
- Local sourcing must for ISM 2.0 subsidy: MeitY tells chip companiesISM 2.0 was unveiled by MeitY last month. While no company has formally announced its application under the scheme, officials say they are ...
- GAIL India eyes minority stake in US LNG project amid supply security pushState-run GAIL India is in talks with three to four US LNG export projects to secure long-term supplies and may acquire a minority stake in...
- Piyush Goyal steps up US outreach, pitches India to global investors for deeper investment tiesUnion Commerce and Industry Minister Piyush Goyal held meetings with top executives from prominent investment firms and consumer companies....
- Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources sayIndian customs officials are currently examining a notable uptick in soybean imports, which are purportedly sourced from Niger. Authorities...
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