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...
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...
61 Percent of American Executives Favor Sourcing from India Over China
U.S. companies are increasingly viewing China as a risky bet for their supply chains, with many now looking to neighboring India as an alternative destination to set up operations. A recent survey by UK firm OnePoll found that 61% of 500 U.S. executive-level managers would choose India over China if...