COTD = Chart of the Day The automobile sector is a globally interconnected industry with a large economic footprint. The size of the sector’s gross output (that is, the sum of its value-added and intermediate consumption) is about 5.7 percent of global output, according to the World Input-Output Database (Timmer and…
Last year the global auto industry shrank for the first time since the global crisis. Many blame US trade policy for much of the sector’s misfortune. The US is the only big market where car sales have remained relatively resilient while China has led and fueled the global decline with…
China’s chip industry has entered a period of financial stress. Tsinghua Unigroup Co. moved to reassure bondholders in the wake of a plunge in its debt that its finances are in good shape. The company is helping build out China’s domestic chip industry. A recent statement noted the group has…
The company, which has four facilities in Tamil Nadu, is planning to expand its component manufacturing unit in India. Government officials said there would not be any problem in addressing the concerns. See the full article.
The Summit aims to bring together global decision-makers in manufacturing, senior representatives from Central & State Government and local ecosystem players from ICT supply chain to share their experiences that will help in developing the manufacturing ecosystem in India. The objective of the Summit is to provide an opportunity for…
