Walmart’s strategic pivot: Embracing India for a diversified supply chain and cost-efficient procurements while cutting imports from China

The world’s largest retailer, Walmart, is increasingly turning towards India for imports while reducing its dependence on China. The shift aims to lower costs and diversify the supply chain. As per a Reuters report, the data from Import Yeti revealed that between January 2023 and August 2023, 25 per cent of US imports were from India. If … Read more

USA interfering in India once again ahead of elections: US Attorney’s Office for Eastern District of New York decides to probe Adani Group for a project in India

The United States has expanded its investigation into India’s Adani Group, focusing on whether the conglomerate, along with its founder Gautam Adani, may have engaged in bribery. US prosecutors are examining whether Adani entities, or individuals associated with the company, were involved in paying officials in India for favourable treatment on an energy project. The investigation, led by the … Read more