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‘No better opportunity than India’: Citi's Ernesto Torres Cantu on layoffs, AI, and supply chains
Citi's Cantu said India was unlikely to be affected by global job cuts, while discussing AI rollout, supply chain shifts and foreign investment trends.
Tyre exports at record high of Rs 27,312 cr in FY26 despite supply chain disruptions
Indian tyre exports reached a record Rs 27,312 crore in FY2025-26. The United States remained the top destination. Despite global supply chain issues, the industry saw significant growth. Recent US tariff adjustments provided relief to Indian exporters. Germany, Italy, Brazil, and France were also key markets. The tyre sector's resilience is evident with substantial investments in manufacturing.
Borosil Renewables shares surge 10% as government extends solar glass import duties
Borosil Renewables shares rose 10% to ₹549.90 after the government imposed new duties on solar glass imports from Malaysia. This marks a significant gain, with nearly 12% increase over two sessions. The measures aim to strengthen India’s solar supply chain and protect local manufacturers.
GMDC to develop India’s first AI-powered rare earth supply chain observatory with £600,000 investment
Gujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth supply chain observatory. This initiative will track the entire rare earth elements value chain in real time. It aims to enhance India's position in rare earth supply chain resilience. The project will provide crucial intelligence for policy and strategic decisions.
JSW MG Motor India sells 6,048 units in May
JSW MG Motor India sold 6,048 vehicles in May 2026. The company is managing supply chain issues. Dispatches for the new MAJESTOR SUV have begun. Sales performance remained steady despite global disruptions. Rising commodity prices and increased freight tariffs were also faced. The company continues its operations.
Mahindra & Mahindra sales increase 20 pc in May at 99,636 units
Mahindra & Mahindra reported a 20% year-on-year growth in total vehicle sales for May, reaching 99,636 units. The utility vehicle segment saw an 11% increase in domestic sales, while commercial vehicle sales rose by 19%. The company cited sustained demand, though supply chain challenges persist.
Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chain
Indian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from West Asia due to the Iran conflict and Strait of Hormuz disruptions. Companies are shifting production to India, Egypt, and Turkey, and exploring new export routes to mitigate business impacts and ensure supply chain stability.
German chipmaker Infineon to expand India ops with new R&D and supply chain investments
The semiconductor giant plans to nearly double its local workforce by 2030 to support India's green energy goals through new design partnerships and startup collaborations, senior vice president Vivek Mahajan told Mint.
India eyes fiscal support for domestic EV battery supply chain
India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric vehicle batteries. Discussions are ongoing for tax support and outcome-linked programs. The government is focused on developing domestic supply chains for crucial materials like cathode and anode.
Wolfe Research reiterates Amazon stock Outperform on supply chain growth By Investing.com - Investing.com India
Wolfe Research reiterates Amazon stock Outperform on supply chain growth By Investing.comInvesting.com India
EV demand charges ahead but supply runs low
India's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a significant demand-supply imbalance. Companies are struggling to meet orders. Suppliers face manpower shortages and supply chain disruptions. This is impacting production capacity for electric vehicles across the country.
Ashok Leyland bets on overseas growth as West Asia risks weigh on supply chains
The commercial vehicle maker is leaning on supply-chain resilience and operational discipline while expanding into Indonesia and other Asean markets, even as West Asia uncertainty weighs on demand.