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Essentially the world is looking for alternate supply chains which began with the onset of the COVID-19 pandemic and continues even today with growing trade tensions between the two camps. ....
Essentially the world is looking for alternate supply chains which began with the onset of the COVID-19 pandemic and continues even today with growing trade tensions between the two camps. ....
Responding to a query on the decision to put the toy PLI proposal on hold, DPIIT secretary Rajesh Kumar Singh said, “Currently we are focused on getting these 14 PLI schemes up and running in a good way. For the time being, the new PLI schemes are not being considered and we will focus on ensuring that these existing schemes get implemented well. Thereafter well see.” ....
India has announced Production Linked Incentive (PLI) Schemes for 14 key sectors with an outlay of over $26 billion to enhance manufacturing and expor ....
Is China still the factory of the world? Trust and reputation are perhaps the only two things in the world that travel faster than light. From all accounts it appears as if China is losing the trust game and this global untrustworthy reputation is casting a long dark shadow over its manufacturing muscle. The perfect heady cocktail of Covid-19, geopolitical tensions, unwanted aggression on neighbours and in the South China Sea, high tariffs, use of forced ethnic minority labour, misusing WTO (World Trade Organisation) rules are all coming together to move the world’s factories away from the world’s factory! Hong Kong and Shenzhen with about 500 and 300 skyscrapers, respectively, the most of any cities in the word, were the leaders on this one metric a silent but visible testimony to China’s global ambitions, even dwarfing New York and Los Angeles. ....