IIT Madras partners with Redington to establish the 'R Srinivasan International Visiting Chair' for research in logistics and supply chain management. The aim is to attract global experts to collaborate on critical areas like supply chain optimization, digital transformation, and sustainable practices. The partnership highlights Redington's

Republic World has launched a news app specifically for believers. The Atmanirbhar Bharat initiative aims for self-reliance and national development in the globalized world. It focuses on integrating into the global supply chain while diversifying the economy. Key pillars include export competitiveness, manufacturing leadership, design, and technology. The initiative aims

Prime Minister Narendra Modi addressed MSME entrepreneurs in Madurai, highlighting the opportunity for MSMEs to join the global supply chain. He emphasized the role of MSMEs in the automotive industry and the importance of skill development. Modi also launched initiatives to support the automotive MSME sector. Tamil Nadu has been

Prime Minister Narendra Modi addressed MSME entrepreneurs in Madurai, Tamil Nadu, highlighting their key role in the automotive industry and the nation's economic growth. He emphasized the opportunity for MSMEs to join the global supply chain and announced initiatives to support the sector. Modi also praised India'

Union Information and Broadcasting Secretary Sanjay Jaju stated that India's Atmanirbhar Bharat initiative aims to be part of the global supply chain without protectionism. The focus is on diversifying the economy while achieving self-reliance within the globalised world. Jaju emphasized the importance of export competitiveness, strategic partnerships, design

The rise of online "fast-fashion" marketplaces like TEMU and Shein indicates a shift in consumer priorities towards deep discounts and convenience. This trend may prompt established retailers like Amazon, Target, and Walmart to lower prices and update fulfillment systems. Implementing AI and analytics can help retailers adapt to

Andhra Pradesh State Energy Conservation Mission (APSECM) in Vijayawada is revolutionizing India's cold chain sector by integrating energy-efficient technologies. The initiative aims to enhance livelihoods, minimize post-harvest losses, and promote sustainable cooling practices. APSECM collaborates with APFPS and the agriculture department to embed energy efficiency in the cold

Allcargo Supply Chain (ASPL), a logistics business arm of Allcargo Group, is planning a significant expansion, aiming to add 3 million sqft of space in the next 2-3 years to meet market demands. The expansion will begin in the north and south regions. ASPL's growth aligns with the

Allcargo Supply Chain, a key player in the Allcargo Group, is set to significantly expand its operations in India, adding 3 million sq ft of warehouse space in 2-3 years. The expansion aims to cater to various sectors, including auto engineering, ecommerce, and retail, while also focusing on Full Truck

A report emphasizes the need for an ecosystem approach to boost India's electronics manufacturing sector, highlighting its dominance in key areas like mobile phones and IT hardware. It outlines policy actions for growth, reflecting on India's rapidly increasing mobile phone production. With strategic collaboration and policy

Ireland's economy has seen significant growth since joining the European Union in 1973, with GDP increasing by 229% between 1987 and 2007, driven by foreign investments. The country continues to attract businesses, with GDP forecasted to rise annually by 2.65% to 3.35% until 2028. To address

The United States, Japan, and other Indo-Pacific economies have entered into an agreement to enhance collaboration in times of supply chain disruption. The deal aims to reduce reliance on China for critical items and includes forming a crisis response network and addressing labor rights concerns. The agreement is part of

Google plans to start making its Pixel smartphones in India to diversify its supply chain away from China and tap into the growing Indian smartphone market. The company aims to produce more than 10 million units this year, with production of the high-end Pixel 8 Pro starting in the southern

India's Dedicated Freight Corridors (DFC) play a crucial role in transforming logistics and supply chains. With a GDP of $4 trillion, reducing logistics costs to 7-8% is a key goal. Investments in infrastructure development, freight corridors, and digital initiatives are improving efficiency. The DFCs focus on a multimodal

The value of crude oil from Russia has increased by 25% year-on-year to reach $3.92 billion, with a 9% sequential rise. Stay informed about the latest developments in the Energy sector with exclusive stories and insights from business leaders. Join discussions on challenges and trends in India's

Bengaluru-based supply chain fintech start-up QuiD secured Rs 5 Crores in pre-seed funding led by Mint Cap Enterprises and Stone Park Capital. The company offers tech-driven financial float enabling anchor-led financing to retailers, increasing working capital and sales. QuiD plans to strengthen tech capabilities and deepen engagement with clients. QuiD

Download The Economic Times News App for Daily Market Updates & Live Business News. An army of 12,000 medical reps helped Rajeev Juneja lead Mankind to the top of the pharma industry. PSUs like REC and Power Finance have seen over a 250% increase in the past year. Maruti

Indian Institute of Technology Madras has partnered with Redington to establish the 'R Srinivasan International Visiting Chair' to advance research in logistics and supply chain management, with a focus on sustainable practices. The partnership aims to attract global experts to collaborate with IIT Madras faculty. This collaboration underscores

England's defeat in Rajkot cannot solely be blamed on Bazball. The concept of Bazball focuses on positive cricket but also requires a balance of risk-taking and absorbing pressure. Joe Root's struggles in the match highlighted the need for a better understanding and execution of Bazball. India&

Volkswagen AG to supply electric vehicle components and batteries to Mahindra & Mahindra Ltd. for upcoming electric SUVs in India. The supply pact, signed in 2022, will run over several years with a total volume of 50 gigawatt hours. Global carmakers are increasing interest in India's EV market,

Hamas misused ambulances for an attack, says IDF. BJP leader invites Kamal Nath to join party. MLAs show dissatisfaction in Jharkhand Cabinet expansion. Verdict in NY fraud case will be appealed. Recession hits world's top economies. IDF continues raids in Nasser Hospital in Gaza War. White House says

Walmart concluded its inaugural India Growth Summit, showcasing export-ready suppliers and entrepreneurs from across India. Over 80% of participating suppliers received invitations to progress to the next phase, furthering Walmart's commitment to sourcing $10 billion worth of goods from India by 2027. The summit aimed to boost the

Chief Economic Advisor V Anantha Nageswaran warns that moving away from China's supply chain will be a long and difficult process. Any attempts to diversify supply chains often result in Chinese products being rerouted. Nageswaran highlights the surge in Vietnam's exports to the US and imports

Indian telcos have a large user base, with some launching 5G smartphones. The top 5 AR/VR headset companies in Q3 23 were identified. 5G phones with an in-display fingerprint sensor were released. Popular YouTube Shorts from 2023 were listed. 5G phones with an IR blaster under Rs 30,000