Manufacturers reported a sharp rise in dispatches from city-based units over recent weeks, with bulk consignments primarily routed to southern markets.
Business News
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Several firms from Taiwan, Vietnam, China and Cambodia, which had earlier deferred their India expansion plans, were now keen to proceed with their projects.
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It examines working conditions in Tamil Nadu, Gujarat and Delhi-NCR, highlighting how extreme heat is endangering the health, livelihoods and dignity of India’s garment workers, the majority of whom are women.
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Retail
Flipkart Appoints Somnath Das and Digbijay Mishra as VPs for Supply Chain and Corporate Communications
Das will lead supply chain operations for its large business segment, which includes appliances and furniture, and Mishra will head Corporate Communications for the Flipkart Group.
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Industry executives indicated that the alternative route around the Cape of Good Hope could extend shipping durations by 20 to 25 days. The longer voyages would raise freight charges at a time when fashion businesses operate on tightly structured seasonal calendars.
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The Strait of Hormuz, a critical shipping corridor in the Middle East, accounts for the transit of an estimated 20%–25% of global crude oil supply. Any disruption in the passage could therefore have far-reaching implications for energy-importing economies, including India.
