“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
The development comes as companies have been intending to diversify their supply chains from China. Trade tensions between US and China have also sparked concerns among businesses.
Many attribute the sharp rise in the vegetable to heatwaves in key tomato-growing areas and heavy rains, as well, as disruption in supply chains. Tomatoes, which have a relatively lower shelf life, could also have put pressure on their prices.
India has identified 30 critical minerals taking into account its requirements for sectors like defence, agriculture, energy, pharmaceutical, and telecom and in line with its Atmanirbar (self-reliance) roadmap.
The agreement, signed on the sidelines of the Make it in the Emirates Forum last week, aligns with the objectives of the National Strategy for Industry and Advanced Technology to develop the UAE's industrial sector, promote local products among consumers and strengthen supply chains.
Bangalore (Karnataka) [India], June 5: Automation Anywhere and Google Cloud today announced an expanded partnership that combines the power of generative AI and intelligent automation to accelerate the adoption of AI and make it accessible to every enterprise.
The Reserve Bank of India (RBI) has said India's growth momentum "is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures"
Dubai [UAE], May 29: Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching USD 6 billion, according to DMCC's latest Future of Trade 2023 report titled 'Gaming in the Middle East and North Africa (MENA): Geared for grow
New Delhi [India], May 26: While evident progress is underway, over the past few years, the industry has successfully tackled formidable challenges, including disruptions in the supply chain, semiconductor crises, fluctuations in raw material prices and inbound/ outbound logistics oversea
The Sri Lanka-based publication said that the European Union (EU) is seeking deeper ties with New Delhi as Europe-China ties are strained by sanctions spat over accusations of rights abuses in Xinjiang that left progress on a 2020 investment agreement frozen.
The G7 communique, which has some of its strongest statements on China, criticised Beijing for engaging in "economic coercion" and promised to reduce its exposure to the country's economy in all areas, from supply chains to chips and minerals.
Speaking at a session on "Working Together to Address Multiple Crises," PM Modi said, "The priority should be given to the creation of an inclusive food system focused on the world's most vulnerable people, in particular marginal farmers," making it clear that India's focus remains on the de