Adhikansh Gupta - Traqo.io (Page 24)

Red Sea crisis impacting automotive supply chain, says Audi India

The ongoing crisis in the Red Sea has impacted Audi India's automotive supply chain, leading to delays in car deliveries to customers in India. Audi India head Balbir Singh Dhillon expressed hope for improvement in the coming months but hinted that delays will continue until March 2024. Dhillon

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JSW looks to decouple auto supply chain from China

The 10 most affordable cities in India to buy a house have been identified. The top tourist attractions in India have also been listed. The pros and cons of investing in value stocks and small-cap stocks have been analyzed with 10 tips for beginners. Ways to earn money online by

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US Invests $5bn in R&D to build homegrown AI chips supply

The US plans to invest $5 billion in semiconductor-related R&D to address chip supply chain problems caused by the increased demand for generative AI. The majority of these chips are manufactured in Taiwan, leading to supply constraints. The Biden administration aims to strengthen the US semiconductor industry by

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From Generative AI to sustainability, how stakeholders can navigate supply chain disruptions in 2024

Investors are calling for the removal of Byju Raveendran, but he is refusing to quit. This dispute is shaping the future of Indian ed-tech. Paytm's stock has dropped due to regulatory action from the Reserve Bank of India. The use of AI is helping e-commerce companies navigate the

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Carbon Revolution hires new VP to bolster supply chain

Carbon Revolution, known for its lightweight carbon fiber automotive wheels, has appointed Chris Recktenwald as Vice President of Procurement and Supply Chain. The company aims to scale its business and enhance its global presence. Carbon Revolution's advanced wheel technology has gained traction among global automakers as the industry

supply chain India

Innovating MSME financing: Cashinvoice partners with HDFC Bank to enhance supply chain finance solutions

Cognizant and Infy are engaged in a competitive battle, with Ravi Kumar trying to outdo his former employer. Zerodha's Nikhil Kamath has gained popularity with his podcast, attracting a large audience. There is speculation on whether RIL can become India's first USD1 trillion company, backed by

supply chain India

EU supply chain law postponed amid German FDP opposition

Beauty lessons: Learn from Nita Ambani Healthiest South Indian dishes for weight loss Dishes where garam masala is forbidden Importance of speaking mother tongue at home Baby names inspired by Indian rishis and munis Stylish pictures of Anushka Sharma and Virat Kohli Dry fruits that sharpen eyesight Habits of highly

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Need of day is to disperse production, build resilient supply chains: Jaishankar at Indian Ocean Conferen

"Nita Ambani shares beauty lessons, while healthy South Indian dishes aid weight loss. Avoid adding garam masala in certain dishes. Speaking in mother tongue at home is important. Explore baby names inspired by Indian rishis and munis. Anushka Sharma and Virat Kohli's stylish pregnancy pictures. Dry fruits

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USDA Pledges $270M Towards Food Supply Chain Resilience

The U.S. Department of Agriculture (USDA) has awarded over $270 million to seven states to strengthen their local and regional food systems. The funding will be used to expand the capacity for processing, manufacturing, storage, and distribution of food products. Kentucky received the largest amount of funding at $8.

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Electra Receives $5 Million Grant from Government of Canada to Support the Development of the North American ...

Electra Battery Materials Corporation has received a $5 million investment from the Government of Canada towards the construction of a cobalt sulfate refinery in Ontario. The facility will produce approximately 5% of the global supply of battery grade cobalt for electric vehicles. This investment reflects Canada's commitment to

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US industries urge government support as Red Sea disruption weighs on supply chains just

The American Apparel & Footwear Association (AAFA) and the International Apparel Federation (IAF) have issued a joint letter calling for greater government support in ensuring the safety and accessibility of shipping routes. Over 100 signatories from various industries are urging governments to support safe and secure maritime commerce in the

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Three Domestic Energy Storage Supply Chain Trends for 2024

Nearly 200 countries at the U.N. Climate Summit signed a pact urging the world to focus on clean energy sources. The energy sector must be ready to meet the demand. Here are two supply chain trends driving the effort: strengthening domestic battery recycling efforts and pushing toward a flow

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Abundance of steel in the US and Europe could derisk the supply chain of solar module frames, says Origami Solar

The US renewables industry is focusing on building a domestic manufacturing industry and reducing reliance on foreign products through the Inflation Reduction Act. However, the act does not cover steel frames for solar modules. Origami Solar is pushing for steel frames to be included in the act, as steel is

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Inbound cargo at U.S. container ports rose in December despite Red Sea violence

Sailing delays in the Suez and Panama canals are not affecting the total volume of goods, according to a report from the NRF and Hackett Associates. The US's major container ports are expected to see year-over-year increases in inbound cargo volume despite attacks in the Red Sea. However,

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Watch: Building a Resilient Domestic Supply Chain

Simon Geale, executive vice president of procurement at Proxima, believes that President Biden's new White House Council on Supply Chain Resilience, while it may not have immediate impact, shows a commitment to strengthening domestic supply chains. Geale explains that supply chain regionalization, where manufacturers move production closer to

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Will India Replace China in the U.S. Drug Supply Chain?

Dr. Rahul Tiwari believes that Indian pharmaceutical companies have the opportunity to replace China in supplying critical materials to the US drug supply chain. The growing tensions between the US and China, coupled with shortages during the COVID pandemic, have highlighted the US's dependence on China. Tiwari suggests

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Above the Fold: Supply Chain Logistics News (February 9, 2024)

Mexico has surpassed China as the leading source of goods imported by the United States in 2023. The value of goods imported by the United States from Mexico rose nearly 5% to more than $475 billion, while Chinese imports tumbled 20%. This shift is likely a result of strained US-China

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Lineage Logistics Leads US IPOs Heading for Second Quarter

Lineage Logistics, a temperature-controlled storage and logistics company, is among several private companies considering initial public offerings (IPOs) in the US during the second quarter. This follows a two-year freeze in the IPO market, with a record $339 billion raised in 2021. Lineage is aiming for a valuation of over

Logisitcs US

“Logistics” Base Where 3 U.S. Troops Died Secretly a Drone Base

The Pentagon is reportedly covering up the true purpose of Tower 22, the U.S. base in Jordan where three American service members were recently killed. While the Pentagon describes the base as a "logistics support base," it is actually a base conducting long-range reconnaissance on militants in

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Chinese vendors dominate supply chain of Indian solar PLI scheme winners: Report | Mint

A majority of the winners of India's PLI scheme for the renewable energy sector have listed Chinese vendors as major suppliers, raising concerns about the country's dependency on China. The PLI scheme aims to boost the domestic supply chain of solar power equipment and reduce reliance

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S&P Downgrades Orsted On U.S. Offshore Risks

S&P has downgraded Danish wind power company Orsted to BBB due to higher leverage on its balance sheet and U.S. impairments in 2023. The offshore wind industry has faced challenges such as supply chain delays and rising costs. Orsted remains confident in its ability to manage these

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Mexico overtakes China as top exporter to US; American trade deficit narrows by the most since 2009

Mexico surpassed China as the largest goods exporter to the United States in 2023, according to the US Bureau of Economic Analysis. Imports from China decreased by 20% to $427.2 billion, while Mexican exports increased by 5% to $475.6 billion. This shift is due to US firms diversifying

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Middle East turmoil and a US pause offer Australia LNG opportunities

The United States has become the world's largest exporter of liquefied natural gas (LNG), surpassing Australia. However, a pause in US exports without free trade agreements has raised concerns and threatens to slow down LNG expansion. This presents an opportunity for Australia to restore its reputation as a

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The U.S. Bought More Goods from Mexico than China in 2023

Mexico surpassed China as the top source of imports for the United States in 2023, with Mexican exports reaching $475.6 billion, while Chinese exports fell by 20% to $427.2 billion. The trade relationship between the US and China is being affected by geopolitical tensions, with trade flows decoupling.

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Meet the First Black Supply Chain Executive to Successfully Execute International Expansion of a Restaurant Chain into the U.S.

April Williams, the Executive Director of Supply Chain & Global Expansion for Eureka! Restaurant Group, has overcome obstacles in her career to achieve corporate success. With more than 20 years of experience, Williams has worked for top-tier companies and played a crucial role in transforming Eureka! Restaurant Group. Despite facing