local sourcing News

Ikea Expands Sourcing Strategy in India Beyond Textiles Amid Global Trade Wars

Ikea is diversifying its supply chain in India beyond textiles to include plastics, metals, and furniture, aiming to reduce prices and boost exports. The company is also expanding ...

Hyundai Motors India Accelerates EV Market Dominance with Enhanced Local Sourcing Strategy

Hyundai Motors India is enhancing its EV market position by increasing local component sourcing and expanding charging infrastructure, aiming for 600 fast-charging stations in seve...

McDonald's Expands Global Footprint: Largest GCC Outside US to Open in Hyderabad, Creating 2,000 Jobs

McDonald's is establishing its largest global capability centre outside the US in Hyderabad, planning to hire over 2,000 people. The move highlights Hyderabad's appeal as a global ...