Iran-Israel Faceoff Escalates: Impact on Indian Exporters and Global Supply Chain

The tension between Iran and Israel has reached new heights, sending ripples through the global supply chain and causing concerns for Indian exporters. The recent capture of the MSC Aries by Iranian forces has exacerbated an already precarious situation, raising fears of further disruptions and soaring freight costs. The incident unfolded against a backdrop of […]

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India to import pulses from Brazil & Argentina

India, the world’s largest consumer and producer of pulses, is diversifying its import sources to keep domestic prices stable by entering into long-term deals with Brazil and Argentina after several rounds of negotiations, according to government officials. For the first time, India is expected to import over 20,000 tonnes of black gram (urad) from Brazil. […]

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India’s iPhone exports double to $10 bn in a year under PLI, Apple exports 70% of India-made smartphones

In yet another major milestone for Apple in India, the tech giant’s Indian arm exported iPhones worth $10 billion from India in the fiscal year 2024, doubling its export value compared to the previous year. Under the Production-Linked Incentive PLI scheme, Apple exported about 70 per cent of all iPhones made in India, making Apple […]

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 Motorola aims to double smartphone exports from India to US this year

Motorola, owned by Lenovo, is increasing its manufacturing-related investments in India to help achieve its goal of doubling smartphone exports as well as the handset business in the country. The investments will be made to expand production capacity with its domestic contract manufacturing partner, Dixon Technologies. “We are exporting predominantly to the US. Manufacturing is […]

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ONE and Yang Ming Provide Transpac Network Clarification for Post-Hapag Exit

Japanese carrier ONE and Taiwan’s Yang Ming today issued a transpacific network update to apply following the departure of Hapag-Lloyd from THE Alliance (THEA) next February. The separate announcements from the carriers follows pressure from customers for clarification during negotiations for new annual transpacific contracts where their duration could extend beyond the date of the […]

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