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The Future of Reshoring: Building a Stronger & More Resilient Manufacturing Base

CMTC Manufacturing Tech

Investing in Technology Advanced manufacturing technologies such as additive manufacturing (3D printing), robotics and automation, artificial intelligence (AI) and Internet of Things (IoT) can reduce operational costs in the long run.

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Global Supply Chain Resilience Initiative (GSCRI)

Frost & Sullivan Manufacturing

It has also established strong interconnectivity between local as well as regional networks for cross-border trade and freight movement to flourish with streamlined and digitalized customs procedures. It’s targets include expansion of sea freight capacity and the development of railway line for multi-model connectivity by 2030.

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Global Supply Chain Resilience Initiative (GSCRI)

Frost & Sullivan Manufacturing

It has also established strong interconnectivity between local as well as regional networks for cross-border trade and freight movement to flourish with streamlined and digitalized customs procedures. It’s targets include expansion of sea freight capacity and the development of railway line for multi-model connectivity by 2030.

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India’s EV Revolution: E2W and E3W show the way

Dinesh Mishra

which are 15% to 30% lower even at the landed cost (including freight and duties). From the policy side, the Government push is already there for local manufacturing with incentives from Make in India and FAME-II schemes. Currently, most the OEMs are importing all HV EV components like OBCs, inverter, motors, battery, etc.