Search For "friendshoring"
India an alternative destination to China for supply chain diversification
Updated : 2 years, 5 months ago IST
India's expanding consumer market and vast labour force can make it an alternative destination to China as part of countries' supply chain diversification, according to Fitch.
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“India plays an integral role in boosting supply chain resilience through
Updated : 2 years, 10 months ago IST
“Friendshoring is an important foundation of our approach to increasing resilience of our supply chains, and we see India as an indispensable partner in that and I hope to use this trip to deepen what is already a significant relationship with respect to friendshoring that the US an
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India is the destination for businesses, several ministers of G20 countrie
Updated : 3 years, 2 months ago IST
Noting that India is the destination for businesses, Finance Minister Nirmala Sitharaman on Saturday said that the country has the right combination of factors that matter for a growing economy including a middle class, captive market with purchasing power, technology-driven public invest
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US Treasury Secretary pitches for 'friendshoring approach' with India to b
Updated : 3 years, 2 months ago IST
The treasury secretary said, "We are doing this by strengthening integration with our many trusted trading partners -- including India. We are seeing progress; as an example; technology companies like Apple and Google have expanded their phone production in India."
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Apple-Google expanded phone production in India, eager to deepen ties with
Updated : 3 years, 2 months ago IST
United States Treasury Secretary Janet Yellen was speaking at the roundtable with US and Indian Tech Business Leaders in Bengaluru on the sidelines of the first Finance Ministers and Central Bank Governors meeting under the India's G20 Presidency.
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India a trusted trading partner in 'friendshoring' strategy: US Treasury S
Updated : 3 years, 6 months ago IST
Yellen, who is visiting India for the first time as US Treasury Secretary, at the Microsoft India Development Centre, said that the pandemic and Russia-Ukraine war are reasons to further deepen the economic ties between both nations.
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US Treasury Secy Yellen calls India a "natural ally", says G20 presidency
Updated : 3 years, 6 months ago IST
Ahead of India's G20 Presidency, set to begin on December 1, US Treasury Secretary, Janet Yellen on Friday said that New Delhi is a "natural ally" and stressed that India's G20 year is a chance to accelerate global coordination on debt restructuring.
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