QUALITY CONTROL ORDERS (QCOs) IN INDIA – ARE YOU GOING TO BE IMPACTED?

QUALITY CONTROL ORDERS (QCOs) IN INDIA – ARE YOU GOING TO BE IMPACTED?India being a leading importer of various products for years has been putting in several efforts to control the quality of products imported in India. The requirement of quality control has originated owing to inadequacy of products meeting the qualification requirements and their failures of meeting safety, reliability, and standard quality norms. Quality Control Orders (QCOs) have been introduced by Indian government for critical products impacting consumer safety and is expected to be expanded to other products soon. These QCOs have an impact on imported products as there …

FOM: Potential to transform India’s fertilizer landscape with a biogas byproduct

FOM: Potential to transform India’s fertilizer landscape with a biogas byproductNeed for an eco-friendly alternate to subsidized chemical fertilizers Indian agricultural sector has been extensively reliant on subsidized chemical fertilizers, which are available at more than 90% subsidy rates especially Urea, thus resulting in increased consumption, leading to concern about its negative impact on soil fertility and overall soil health. This concern about soil health however opens a huge opportunity for fermented organic manure (FOM), a sustainable and environmentally friendly alternative produced as a byproduct of biogas plant.India’s move towards increased utilization of Biogas & Organic fertilizer The Indian government …

Komplexität meistern: EACs Global Sourcing Chroniken

Komplexität meistern: EACs Global Sourcing ChronikenIn den letzten Jahren hat EAC mehrere Unternehmen bei globalen und regionalen strategischen Beschaffungsprojekten in verschiedenen Branchen unterstützt, darunter Industrie, Mobilität, Bauwesen, Energie und Umwelt, Chemie und Konsumgüter. Bei der Durchführung dieser Sourcing-Projekte sind wir auf einzigartige Herausforderungen und unerwartete Chancen gestoßen. In diesem Artikel möchten wir ausgewählte Beobachtungen und Erkenntnisse unserer EAC-Beschaffungsexperten zusammenfassen.Wachsende Bedeutung nachhaltiger Beschaffungspraktiken In der heutigen umweltbewussten Welt ist Nachhaltigkeit nicht mehr nur ein zweitrangiges Anliegen, sondern integraler Bestandteil einer erfolgreichen Geschäftsstrategie. Dies konnten wir feststellen, als wir ein führendes europäisches Unternehmen bei der Suche nach potenziellen Lieferanten für vier verschiedene …

Navigating Complexities: EAC’s Global Sourcing Chronicles

Navigating Complexities: EAC’s Global Sourcing ChroniclesIn recent years, EAC has supported multiple companies in global and regional strategic souring projects across various industries, including industrials, mobility, building & construction, energy and environment, chemicals, and consumer goods. While executing these sourcing projects, we have encountered unique challenges and unexpected opportunities. With this article we would like to summarize select observations and learnings of our EAC sourcing experts.Rising Importance of Sustainable Sourcing Practices In today’s environmentally conscious world, sustainability is no longer a secondary concern; it is an integral part of a successful business strategy. We observed this while assisting a leading …

The Future: India’s Construction Equipment Industry thrives on Sustainability and Innovation Trends

Building the Future: India’s Construction Equipment Industry thrives on Sustainability and Innovation TrendsThe construction equipment industry in India is about to undergo a significant transformation. An expanding economy, rising urbanization, and large-scale infrastructure projects have all contributed to an increase in the need for construction equipment. The industry recorded the sales of 107 thsd units in FY’23 and is expected to grow at 7% CAGR during FY23-30. It is world’s 3rd largest market and is currently valued at 6.1 bln EUR with earthmoving equipment segment being the majority contributor at 72% share.Key Growth Drivers: Infrastructure Development Projects: Large-scale government initiatives …

Outsourcing of non-core activities to developing Innovation hubs

Outsourcing of non-core activities to developing Innovation hubs: The new Shared Services concept in practiceTo focus on core business competencies without impeding the flow of non-core activities while achieving cost efficiencies, businesses have been setting up shared services centers (SSCs) since 1980s but over the years, the model has evolved to adapt better to changing business requirements. From Shared Services Centers (SSC) to Global Competence Centers (GCC) and Global Business Services (GBS), service delivery model encompassing outsourcing, captive shared services as well as centers of excellence (COEs) for serving various business units have been the guiding pillars to offer centralized expertise …

Indian Biodiesel Industry Outlook

Indian Biodiesel Industry Outlook: Navigating Growth, Policy Dynamics, and Investment OpportunitiesIndia is the 3rd largest crude oil consuming nation globally accounting for 262 mio tons in FY 2023 with 89% demand met by imports from Russia, Iraq, and Saudi Arabia. High speed diesel consumption is estimated at 39.3 mio tons in FY 2023 of which ~87% is used by transport industry and rest 13% by industry, agriculture, and power generation. Diesel consumption is expected to reach ~105 mio tons by FY 2030 mainly driven by increased industrialization, urbanization, infrastructure development, and rising vehicle sales.To reduce dependency on imports and meet …

Globale Herausforderungen bei der Herstellung von Windturbinen und der Lieferkette

Globale Herausforderungen bei der Herstellung von Windturbinen und der LieferketteWie kann man die Wettbewerbsfähigkeit steigern und Risiken ausgleichen? Die Windenergie ist eine der am schnellsten wachsenden Energiequellen der Welt, angetrieben durch unterstützende Gesetze in den USA, der Europäischen Union, Indien und China, doch die freien Kapazitäten sind begrenzt und werden wahrscheinlich bis 2026 verschwinden.Die Windenergie ist eine der besten Quellen, um die Schmerzen und Herausforderungen des Klimawandels zu lindern. Angesichts des steigenden weltweiten Strombedarfs, der Prognosen zufolge bis 2030 um 25 % auf ~30k TWh1) steigen wird, sind die Entwicklung und Nutzung von Windenergie und anderen erneuerbaren Energiequellen unverzichtbar und …

Global Wind Turbine Manufacturing & Supply Chain Challenges

Global Wind Turbine Manufacturing & Supply Chain ChallengesHow to boost competitiveness and balance risks? Wind energy it one of the fastest-growing energy sources in the world driven by supportive legislations in the US, the European Union, India and China yet spare capacity is limited and will likely disappear by 2026.Wind energy is one of the best source to alleviate the pain and challenges of climate change. With the increasing demand of global electricity, which is forecasted to grow by 25% and reach ~30k TWh1) by 2030, development and utilization of wind plus other renewable energy sources are indispensable and have …

India and ASEAN – Investment Destinations

India & ASEAN – Investment DestinationToday I had the honor to share my views on India and ASEAN as important investment destinations for foreign and especially Swiss investments. Swiss Foreign Direct Investment (FDI) into ASEAN accounted for > 6bn USD last year making it one of the most important destinations for the Swiss Confederation. Additionally, more than 350 Swiss companies are invested in India of which 50% have substantial manufacturing facilities. With a Trade and Economic Partnership Agreement (TEPA) on the horizon, the momentum for Swiss-Indian investments is thriving.  Thanks to the Geneva Chamber of Commerce, Industry and Services (CCIG) – for organizing …

Agricultural Mechanization (beyond tractors) – focusing on the Indian Agri-Machinery Industry

Agricultural Mechanization (beyond tractors) – focusing on the Indian Agri-Machinery IndustryIndia, with its vast and diverse agricultural practices, plays a pivotal role in global food production. It is the second-largest producer of rice, wheat, sugarcane, cotton, and groundnuts, as well as the second-largest fruit and vegetable producer. The farm equipment industry, a cornerstone of this sector, which was traditionally dominated by tractors, is undergoing a transformative phase fueled by technological advancements, localization efforts, policy shifts, and changing consumer preferences.EAC has observed key trends shaping today’s Indian agri-machinery industry. The key trends are: Small agri-machinery segment transitioning towards localisation: The small …

Indian Chemical Distribution Sector: Imminent Growth Opportunity

Indian Chemical Distribution Sector: Imminent Growth OpportunityThe fast-growing Indian chemical industry, projected to reach 288 bln EUR by 2025 (163 bln EUR in 2019), boasts the presence of both international leaders and local champions. The industry is experiencing rapid growth in both domestic and export trade. To keep pace with increasing demand while ensuring cost-efficient operations, it requires a specialized, safer, more innovative, and flexible transport system for faster and more efficient transportation. Chemical distribution – Overview The Indian chemical distribution sector is primarily driven by the growth of the chemical industry and government initiatives that promote local manufacturing. It …