Supply Chain Digest
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Source: https://www.scdigest.com/assets/newsviews/24-01-27_Stocks.php?cid=21237
Indian warship contains fire onboard missile-hit cargo vessel in Gulf of Aden
New Delhi, Jan 27 (PTI) Indian warship INS Visakhapatnam on Saturday extinguished a fire onboard a commercial oil tanker with 22 Indian crew after the vessel was struck by a missile in the Gulf of Aden — a key shipping route that witnessed similar attacks in the last few weeks. The US Central Command (CENTCOM) said the Marshall Islands-flagged vessel MV Marlin Luanda was hit by an anti-ship ballistic missile fired by Iran-backed Houthi militants. The Indian Navy…
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Source: https://www.theweek.in/wire-updates/national/2024/01/28/del59–navy-3rdld-oiltanker.amp.html
Securing Indian automotive supply chain from disruptions
The supply chain and logistics heads of Indian automotive and component manufacturers are still haunted by the disruptions that started with the Covid-19 pandemic. However, there are better solutions now available to tackle these issues with technology and digitalisation taking it up. “The global energy transition and changing emission norms are putting automotive and component manufacturers into a very unique and tricky position as we have to fund the existing product line to meet the…
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Source: https://www.itln.in/amp/latest-news/securing-indian-automotive-supply-chain-from-disruptions-1351055
Indian air cargo: Rising above the rest
The Indian air cargo industry holds the potential to beat the competition and achieve the ambitious targets it has set for itself. But it also depends upon its ability to be agile and resilient to the structural challenges within. The Indian low-cost carrier Akasa Air on January 18, 2024 announced a firm order of an additional 150 737 MAX aircraft with Boeing. In 2021, Akasa Air had placed its initial order of 72 Boeing 737 MAX aircraft, which was followed up with an order of 4 737 MAX 8…
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Source: https://www.itln.in/amp/aviation/indian-air-cargo-rising-above-the-rest-1351053
IAS Vikas Narwal Given Addl Charge of Chairperson (JS Level), Cochin Port Authority – Indian Masterminds
IAS Vikas Narwal Given Addl Charge of Chairperson (JS Level), Cochin Port Authority Indian Masterminds
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US logistics startup Flexport to lay off 20% of its workforce: report – The Economic Times
US logistics startup Flexport to lay off 20% of its workforce: report The Economic TimesFlexport to Lay Off Nearly 20% of Staff in Latest Cuts The InformationLogistics firm Flexport to lay off another 20% of its workforce: Report Daijiworld.comFlexport Plans to Cut Another 20% of Staff The Wall Street JournalFlexport may reduce staff by 20% STAT Times
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Vizag gets `300 cr infra boost from VPA, NHAI, and Railways
Visakhapatnam: Visakhapatnam Port Authority (VPA), one among top five premier ports in India, will invest Rs 300 crore in collaboration with the National Highway Authority of India (NHAI) and Railways for the development of the city. Addressing a meeting after inspecting a ceremonial parade organised on the occasion of 75th Republic Day at Port Stadium here, VPA Chairman M Angamuthu said that it is a special day for VPA, which is the convergence of celebrating the 90th foundation year during…
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Enhancing Air Logistics Crucial for India’s Electronics and Telecom Manufacturing: HCL Cofounder
Ajai Chowdhry, the visionary Founder of Electronics Products Innovation Consortium and Co-Founder of HCL, recently emphasized the need for a significant overhaul in India’s logistics, both for imports and exports.
India aspires to position itself as a global hub for electronics and semiconductor manufacturing. However, the nation faces a critical hurdle in the form of inefficient logistics, both on the inbound and outbound fronts, according to Mr Chowdhry. Despite the…
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Ambuja recognised for superior supply chain efficiency
27 Jan 2024 CW Team
Ambuja Cements, the cement and building material company of the diversified Adani Group, has been honoured with the prestigious “Excellent Position” Award in the Cement Category at the CII Supply Chain and Logistics…
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Republic Day celebrated with patriotic fervour
Visakhapatnam : The city reverberates with patriotic fervour as several organisations, institutions come together to celebrate the 75th Republic Day on Friday. R-Day was celebrated in a grand manner at police grounds that witnessed participation of District Collector A Mallikarjuna, City Police Commissioner A Ravi Shankar, among others. A host programmes were organised on the occasion, including a parade. Nine tableaux of various departments were displayed. Among them, GVMC tableau bagged…
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