Shaking the logistics and supply chain industry, COVID 19 has disrupted the wheels of the economy. Therefore, it is expected to take at least a year for activities to resume to pre-pandemic levels and until the end of next year for any growth.
EV startup Euler Motors raises Rs 20 cr as part of Series A funding; to use money to expedite product, technology
Earlier, as part of its pre-series A round, Euler Motors had raised Rs 15 crore from Blume Venture, US based Emergent Ventures and Andrew Lee. With this series A, Euler Motors has so far raised more than Rs 35 crore.
A week after the Centre announced allowing partial resumption of production by industries, automobile companies including Maruti Suzuki, Toyota, Tata Motors and Mercedes-Benz are yet to resume production stating that the entire supply chain, including component suppliers and dealers, needs to start operating to re-start production
As coronavirus outbreak exposes faultlines in long supply chains, are locally self-sufficient economies the way forward?
A lot of food in India was and largely still is produced by small and marginal farmers. The lives of such farmers tended to be hard even at the best of times. The coronavirus crisis and its economic impact probably won’t leave them untouched. A shift to local may help at least some of them.
Retail trade has lost Rs 3.15 lakh-cr during lockdown but support PM on extension, says traders body CAIT
There are about seven crore traders in the country, of which about 1.5 crore traders deal in essential commodities
Coronavirus Outbreak: US consumer prices post largest drop in five years as pandemic suppresses demand for some goods, services
The labour department said on Friday its consumer price index dropped 0.4 percent last month amid a tumble in the costs of gasoline, hotel accommodation, apparel and airline tickets.
Coronavirus Outbreak: RBI firefights COVID-19 impact on economy, seeks to improve flow of credit but threat of rising NPAs real
While the broader goal of inflation management will run the background, the attempt here is to ensure that the slowdown in growth process which is a certainty now is contained.
Britannia Q3 net up 23.26% at Rs 370 cr; company continued to invest in enhancing brand equity via product drives, says MD
Britannia continued to expand the width and depth of distribution but additionally focused on improving distributor health and keeping the supply chain efficient, he said.
Maharashtra govt plans to deploy blockchain in the areas of vehicle registration, agriculture marketing, supply chain and document management system.
Supply chain professionals can use blockchain technology to gather and use tracking data in new ways.
Improved business practices only way to make rural populace switch to less polluting cook stoves: Study
These stoves contribute to climate change through carbon emissions, deforestation and toxic air pollution, which contributes to poor health among users
Supply-chain sources of the Apple iPhone X including as many as four component suppliers are reporting a decline in order, resulting in a fall in revenue.
The government is re-designing the export benefit scheme MEIS to make it GST-compliant, says Neeraj Prasad
The government is working on certain options to accommodate demands related to tax and duty concessions sought by iPhone maker Apple for setting up a manufacturing unit in India.
Analysts from BlueFin Research have speculated that Apple is going to start iPhone 8 production as soon as possible.
Replanning supply chain logistics and investing in data analytics to better business - rather than manage them - will be necessary. It will be prudent on the part of companies to set aside a budget
Britannia said these new categories that help in health management and ready to eat solutions are seeing wider and deeper consumer traction than ever before.
Wal-Mart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5 percent equity stake in JD.com, a strategic alliance that aims to expand WalMart's reach in China to more customers.
Tech Mahindra launches FEEDS, a fresh produce supply chain solution.
DreamOrbit, with its retail and e-commerce solutions from supply chain management to reverse logistics management software, aims to help companies control that cost with IoT technology.