Ford Motor Company has announced its intention to repurpose its Chennai plant in Tamil Nadu, India, for export-focused manufacturing. The move aligns with Ford's global Ford+ growth strategy and demonstrates the company's ongoing commitment to India as a crucial market for its international operations. Kay Hart, President of Ford International...
Stryker Announces New India Head
Kalamazoo, Michigan-based medical technologies firm Stryker Corporation announced the appointment of Meenakshi Nevatia as the new managing director of its India operations. Nevatia will be responsible for building long-term partnerships with industry bodies and government organizations and driving transparency among stakeholders. With the launch of Ayushman Bharat, India's National Health...
In China, Tariff Woes Result in a Shift in Manufacturing
China's era as the low-cost manufacturing center of the world is under some pressure. Over the years, profits began to reduce due to rising costs, tighter regulations, and Chinese government policies. Manufacturers have been experiencing the squeeze as China shifts its priorities from lower-end manufacturing to high technology industries as...