supply chain News

Revolutionary 'Track and Trace Mechanism' Launched to Combat GST Evasion

The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...

Synaptics to Assemble 10% of Chips in India by 2027

Synaptics Inc plans to assemble 10% of its chips in India by 2027, diversifying its supply chain and reducing reliance on China. The company also partners with embed UR to develop ...

FedEx COO: India to See Massive Investments as Global Supply Chains Shift

FedEx COO Richard W Smith highlights India's rapid growth and the company's significant investments in the market. The company is exploring an air hub and expresses optimism about ...

Apple's Congo Mineral Ban: Legal Battle and Supply Chain Transparency

International lawyers challenge Apple over alleged use of conflict minerals from Congo, despite Apple's decision to halt sourcing from the region. Legal cases proceed in Europe.

Unilever's Historic Sale: Unox and Zwan Brands Acquired by Zwanenberg

Unilever plans to sell its food brands Unox and Zwan to Zwanenberg Food Group, as part of a strategy to focus on fewer, bigger brands in categories like cooking aids and condiments...

Congo's Bold Move: Criminal Complaints Against Apple Over Conflict Minerals

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply cha...

ADB Cuts India's GDP Growth Forecast: What's Behind the Downgrade?

The ADB has lowered India's GDP growth forecast to 6.5% from 7% due to slower-than-expected second quarter growth, affected by manufacturing slowdown and lagging government spendin...

South Korea to Announce Supply Chain Plans and Restructure Petrochemical Industry

South Korea's government plans to announce supply chain strategies for semiconductors and batteries, and induce restructuring in the petrochemical industry. Deputy Prime Minister C...