Visionary Strategy: India’s Membership in MSP Charts the Course to Semiconductor Self-Reliance
Visionary Strategy: India’s Membership in MSP Charts the Course to Semiconductor Self-Reliance
In 2023, despite significant progress in resolving the semiconductor crisis, uncertainties persist for a fully secure future. By joining the MSP, India not only secures critical mineral access but also promotes collaboration, resilience, and knowledge exchange. India is proactively taking ambitious steps to achieve semiconductor independence and reduce dependence on intricate supply chains.
India`s Supply Chain Potential: A Win-Win Proposition for Companies Worldwide
India`s Supply Chain Potential: A Win-Win Proposition for Companies Worldwide
Earlier this year, Finance Minister Nirmala Sitharaman announced that the government has set a target of hitting USD 2 trillion annually in overall exports by 2030. Considering that India’s annual exports during FY 2022-23 stood at USD 770 billion, the target seems a bit ambitious at face value. However, the government’s ambition is not without a solid foundation. The geopolitical realities of today are causing substantial changes in supply chains all around the world.
The Covid-19 outbreak created a number of bottlenecks in the global supply chain. Reshoring and supply chain diversification has followed as a result.
Procurement Evolved: PaaS and the New Frontier of Efficiency
Procurement Evolved: PaaS and the New Frontier of Efficiency
In the dynamic world of procurement, it’s not just about shopping—it’s a strategic journey to unlock the perfect blend of quality, quantity, price, and timing. Picture this: a captivating dance between businesses and external sources, where every move is carefully choreographed to acquire the best goods, services, or works. It’s a stage where competition thrives, and the spotlight shines on smart decision-making and the pursuit of excellence.
Imagine a tech company launching eco-friendly laptops, driven by a vision of a greener tomorrow.
Unlocking India’s Solar Potential: A Strategic Partnership for US Energy Independence
Unlocking India’s Solar Potential: A Strategic Partnership for US Energy Independence
The United States has shown a strong commitment to renewable energy under the Biden administration. Ten US states have set targets for achieving 100% renewable energy and several others have boosted their energy independence goals in the last few years.
California as usual is leading the charge and, as an example, aims to be 50% powered by renewable energy by 2026 and 100% powered by renewable energy by 2045
Ethical Sourcing and Labour Laws: How India is Enabling a More Sustainable Fashion Industry
Ethical Sourcing and Labour Laws: How India is Enabling a More Sustainable Fashion Industry
According to a 2022 Ellen MacArthur Foundation report1, the fashion industry is responsible for around 10 per cent of global carbon emissions and 20 per cent of global wastewater and an estimated 92 million tons of textile waste are generated each year, which is expected to increase by almost 60 per cent by 2030 if no action is taken. Consequently, the industry is not so fashionable for our environment.
In 2020, 75 per cent of fashion companies polled by the Global Fashion Agenda, a non-profit organisation promoting sustainable fashion, had a recycling strategy, up from 45 per cent in 2017.