Category: News
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How To Tariff Proof Your Supply Chain
Tariffs in the current global trade landscape create significant supply chain disruptions, driving up expenses and complicating operations. Avoiding tariffs in global trade has become a priority as many are turning to alternative sourcing markets. India is becoming increasingly attractive due to its affordability, workforce talent, and manufacturing capability. rivexa’s digital marketplace strengthens India’s position…
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Expanding Horizons: mjunction and rivexa Drive Global Growth with Innovation and Trust
Exciting times ahead!mjunction services ltd (a joint venture of Tata Steel and SAIL) is expanding its global footprint, focusing on Europe in 2025, and strengthening its base in the U.S. With the legacy of mjunction, rivexa is helping MSMEs tap into international markets with a focus on transparency and trust in global trade. Together, we…
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Red Sea crisis: RBI, IRDAI called in to help limit impact on Indian exports
Strategic Importance of the Red Sea for Global Trade: The Red Sea strait is crucial for 30 per cent of global container traffic and 12 per cent of global trade. About 80 per cent of India’s merchandise trade with Europe passes through this route. The International Monetary Fund reported that in January and February of…
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India’s Textile Industry Vision 2047: A $600 Billion Export Goal on the Horizon
Introduction India’s textile industry, a cornerstone of its economy, is embarking on an ambitious journey towards 2047. The government’s vision entails achieving a remarkable $600 billion in textile exports, up from $44 billion in FY22. This transformation is driven by a surge in fast fashion and the growing success of e-commerce platforms, reshaping consumer dynamics.…
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Understanding the Carbon Border Adjustment Mechanism: Balancing Trade and Climate Goals
In the global pursuit of climate action, policymakers are continuously exploring innovative strategies to incentivize emissions reductions while ensuring fair competition in international trade. One such strategy gaining traction is the Carbon Border Adjustment Mechanism (CBAM). This mechanism aims to address carbon leakage and level the playing field by imposing tariffs on imports based on…