Articles for tag: Aerospace, Aviation, Boost, Chain, Challenges, Demand, Global, India, Plans, Remain, Rising, Significantly, sourcing, Supply

September 29, 2024

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace is significantly increasing its sourcing of components from India, a rapidly growing aviation Market. With a manufacturing facility in Pune and additional operations in Bengaluru, the company currently works with 13 suppliers, including Tata Advanced Systems Ltd. Vikram Rai, CEO of GE Aerospace South Asia, noted that sourcing has surged by 20 times ...

September 8, 2024

Market News

Business

Adani Group expands globally, launching subsidiaries in China and Kenya to enhance supply chain capabilities and airport operations.

Adani Group is expanding its global footprint by establishing a new subsidiary in China called Adani Energy Resources (Shanghai) Co. (AERCL), which will focus on supply chain solutions and project management services. This new venture, registered on September 2, 2024, follows a similar move in Kenya with the formation of Airports Infrastructure PLC, aimed at ...

May 16, 2024

Market News

Business

Red Lobster shutting down stores amid bankruptcy fears – what’s next for the popular seafood chain?

Red Lobster is facing tough times as the popular seafood chain announces the closure of several locations and prepares to file for bankruptcy. The company’s financial struggles have forced it to make the difficult decision to shutter some of its restaurants. Customers and seafood lovers alike are left wondering what the future holds for the ...

May 12, 2024

Market News

Business

BNB Chain DEX Hits Record Volume – Discover Impact on BNB Price!

The decentralized exchange (DEX) on the BNB Chain has seen a significant increase in trading volume recently. This surge in activity begs the question – what does it mean for the price of BNB? Let’s break down the potential impact of this uptick in volume on the value of Binance Coin in easy-to-understand terms. Click ...