DB Schenker targeting India's nascent contract logistics market
Amid growing rumours and media reports about a possible ownership change, DB Schenker is looking ...
WTC: LOOKING FOR DIRECTION PG: INSIDER SALEBA: BIG CHINA ORDER IN THE MAKINGJBHT: NEW CFO DISCLOSED AS PRESSURE BUILDS TO DELIVER VAUEDSV: TOP PRICE TARGET CUTWMT: EARNINGS MISSBA: LOSING OUTFDX: CEO SUCCESSION PLAN TALKAAPL: THE FALL IN CHINAEXPD: CASHING INLOW: BIG DEALZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED
WTC: LOOKING FOR DIRECTION PG: INSIDER SALEBA: BIG CHINA ORDER IN THE MAKINGJBHT: NEW CFO DISCLOSED AS PRESSURE BUILDS TO DELIVER VAUEDSV: TOP PRICE TARGET CUTWMT: EARNINGS MISSBA: LOSING OUTFDX: CEO SUCCESSION PLAN TALKAAPL: THE FALL IN CHINAEXPD: CASHING INLOW: BIG DEALZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED
Much of thinking behind Asia manufacturing sourcing locations over the past three years or so has been the leakage of manufacturing out of China to lower-cost locations such as Cambodia, Vietnam and Bangladesh. However, new prime minister Narendra Modi is intent on seeing some of that business come to India, paving the way for much deeper economic ties between the world’s two most populous countries. “Modi’s goal is to bring basic manufacturing to an economy that needs more decent-paying jobs. In short, China has set its sights on rivalling Germany or Japan, while India will happily settle for where China is now.”
Comment on this article