Fast-fashion giant Shein - the Singaporean online fashion retailer - is ramping up manufacturing in India, reflecting a strategy move as companies reassess supply chains amid ongoing trade tensions and logistical challenges. The shift is part of a broader trend, as industries from consumer tech to aerospace increasingly look beyond...
Global Supply Chains Lean to Vietnam, India
Indian and Vietnamese incentives to attract electronic manufacturing have driven large-scale investments by major MNCs that in turn played a crucial role in driving manufacturing relocation. Vietnam and India’s mobile phone assembly boom, a key driver of that diversification, seems poised to continue. This will provide a solid foundation to...
India Lowers Import Taxes on EV Companies Who Invest $500 million
India lowered import taxes on certain electric vehicles (EVs) for carmakers that commit to investing at least $500 million and start manufacturing in the country within three years. This policy is a major win for Tesla, as it aligns with what the company has been lobbying for in India despite...
India Considers Global Joint Ventures to Expand Electronics Manufacturing
Per the recommendations from Building India’s Export Competitiveness in Electronics–2025-26: From Assembly to Manufacturing Hub: Call to Action Report from the think tank National Council of Applied Economic Research, the Government of India has taken action. The report recommended that India soften rules on allowing investment from China if it...
Biden Launches the Indo-Pacific Economic Framework
On May 23 during President Biden's first Asia tour, he revealed Washington’s long-awaited Asia-Pacific economic strategy: the Indo-Pacific Economic Framework for Prosperity (IPEF). "The future of the 21st century economy is going to be largely written in the Indo-Pacific — in our region," the President said. Along with a dozen...
Samsung to re-start manufacturing TVs in Chennai
South Korean electronic major Samsung will restart manufacturing LED TVs in India through contract manufacturers from early next year, according to sources. Samsung, which had shifted its TV manufacturing to Vietnam, recently entered into an agreement with Dixon Technologies for production in India. Presently, Samsung imports its portfolio of TVs from...