US Ambassador Says American CEOs Are Flocking to India Every Week for Business Expansion
New Delhi, India — US Ambassador to India Sergio Gor made a striking observation this week: American corporate leaders are showing up at the US Embassy in New Delhi on a weekly basis, eager to shift operations and supply chains to India. Speaking at the Annual Leadership Summit of the American Chamber of Commerce in India, Gor painted a picture of India as one of the most sought-after destinations for business expansion in the current global climate. "Every single week, CEOs from the United States come to the embassy and say, I want to move my company from another country to India," Gor told the audience. He pointed to recent high-profile visits as evidence of this momentum. In just the past week, top executives from Uber and Walmart had made trips to India, and leaders from Boeing, Lockheed, and GE were also expected to arrive shortly. "They're here, they're not in other parts of the world," Gor said. "This is not a one-off. This is a regular occurrence" — one he described as a testament to the "limitless potential" in the US-India relationship. At the heart of this corporate migration is a broader rethinking of global supply chains.
Panda Biotech and Culturewell Launch India's First Hemp Fiber-to-Yarn Supply Chain
DALLAS, TEXAS — May 21, 2026 — Panda Biotech, the United States' leading zero-waste industrial hemp processor and operator of the largest hemp decortication facility in the Western Hemisphere, has announced the creation of India's first fully integrated hemp fiber-to-yarn supply chain ecosystem. The initiative was launched in partnership with Culturewell Trading LLP and its subsidiary, Culturewell Hemp Pvt. Ltd., and marks a pivotal moment for sustainable textile sourcing on a global scale. The two companies have jointly built the infrastructure required to transform certified U.S.-grown hemp from mechanically-cottonized fiber into finished yarn. That includes degumming and spinning capabilities that, until now, were not available anywhere in India. The result is an end-to-end solution that takes American hemp from farm to finished yarn, ready for integration into one of the world's most sophisticated manufacturing ecosystems. India sits at the center of that opportunity. The country supplies yarns, fabrics, denim, garments, technical textiles, and home furnishings to major global brands, and its mills are under growing pressure to source raw materials that are traceable, sustainable, and competitively priced. This partnership is designed to meet exactly that demand. "India represents one of the most strategically important textile markets in the world," said Panda Biotech President Dixie Carter. "The country's mills and manufacturers are searching for high-quality natural fibers that can compete globally on consistency, performance, traceability, and price. Through our partnership with Culturewell, we now have a trusted, experienced partner on the ground to accelerate adoption of American-grown hemp across India." Every shipment moving through the partnership carries OEKO-TEX Standard 100 and USDA BioPreferred certifications, giving buyers a verifiable sustainability story that meets the sourcing and compliance expectations of export-focused brands worldwide. "What we have built with Panda Biotech is not simply a supply agreement it is the foundation of an entirely new industrial framework for hemp in India," said Culturewell CEO Rajesh Raizada. "Indian customers have been asking for hemp yarn, not just fiber. For the first time, we can deliver it certified American-grown hemp, degummed, spun, and ready for the mills.
Australia Stockpiles 90,000 Tonnes of Urea Amid Middle East Supply Crisis
India's Oil Majors Confirm Stable Fuel and LPG Supplies Amid West Asia Tensions
New Delhi, May 21 — As geopolitical tensions continue to simmer across West Asia, India's three state-run oil marketing companies — Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) — moved swiftly to reassure the public on Thursday, posting updates on X to confirm that fuel and LPG supplies across the country remain fully uninterrupted. All three companies emphasized that stock levels are adequate and that no shortage exists anywhere in the supply network, even as a few retail outlets reported a spike in demand. IOCL stated that its nationwide retail network is operating smoothly and that availability is sufficient to meet consumer needs without disruption. The company urged customers to continue purchasing fuel as per their normal requirements, noting that its logistics and supply chain teams are actively coordinating to prevent any bottlenecks. BPCL reported maintaining consistent LPG deliveries throughout the country over the ten-day period from May 11 to May 20, with uninterrupted service to households, small businesses, and vendors.
JFrog Report Flags India's Growing Software Supply Chain Security Gaps in AI Era
JFrog Ltd. has released its 2026 Software Supply Chain Security State of the Union, a comprehensive global study exploring how organisations are building, securing, and managing software amid a rapidly expanding AI-driven economy. The report's findings place Indian organisations among the most AI-active in the world, yet simultaneously reveal alarming gaps in malicious package detection, container security, and secrets scanning. These weaknesses leave Indian enterprises especially vulnerable at a time when attackers are actively weaponising AI models, compromising developer tooling through stolen credentials, and infiltrating open-source ecosystems on an unprecedented scale. By nearly every measure, last year was the most dangerous on record for software developers worldwide. Malicious npm packages surged 451% year-over-year, reaching more than 171,000 unique instances. npm also overtook Maven as the most widely used enterprise ecosystem for the first time, and a series of sophisticated npm supply chain attacks including the self-replicating "Shai-Hulud" worm underscored just how exposed modern development pipelines have become. For India, where defensive tooling still lags behind the pace of adoption, the risk is particularly acute. Sudhir Narla, General Manager for JFrog India and VP of Customer Success, framed the challenge plainly: "AI is accelerating how software is built, but it is also expanding the potential attack surface and increasing vulnerabilities. We are seeing a shift from isolated vulnerabilities to systemic risk across the entire software supply chain. Indian organisations will need to move beyond traditional security approaches and rethink how they establish trust in increasingly AI-powered, automated environments." The report surfaces several critical findings specific to India. First, the country appears to have some of the world's largest software security blind spots 65% of Indian organisations lack malicious package detection capabilities, and 71% do not use container security tooling at all.
ONO Raises $1.2M to Digitise India's Post-Harvest Agri Supply Chain
Agri-finance startup ONO has secured $1.2 million in a pre-Series A funding round, marking a meaningful step forward in its mission to digitise India's post-harvest agriculture ecosystem. The round was led by Aeravti Ventures, with additional participation from Angels and Tremis Capital. Notably, this is Aeravti Ventures' second bet on ONO, having first backed the company at the seed stage. The repeat investment signals growing confidence in ONO's long-term play within India's agricultural supply chain, a space that has historically struggled with fragmentation, opacity, and limited access to formal credit. ONO was founded by Rama Rao Kancharapu and David Pokuri with a clear mandate: use data and artificial intelligence to address the structural inefficiencies that plague post-harvest trade and financing for agricultural SMEs. The platform brings together farmers, traders, transporters, and buyers on a single digital infrastructure, offering tools that span market intelligence, real-time pricing insights, logistics coordination, and access to institutional credit. The idea is to create visibility across the supply chain at a level that has never been available to small and mid-sized agri stakeholders operating in rural India.
Tata Electronics and ASML Sign MoU to Power India's First 300mm Semiconductor Fab in Dholera
Mumbai, India / The Hague, Netherlands — May 16, 2026: Tata Electronics and ASML have formalized a strategic partnership through a Memorandum of Understanding aimed at advancing India's semiconductor manufacturing ambitions. The agreement positions ASML as a key technology enabler for Tata Electronics' upcoming 300mm semiconductor fabrication plant in Dholera, Gujarat — set to become India's first commercial-scale fab of its kind. At the heart of the collaboration is the deployment of ASML's holistic lithography suite across the Dholera facility. ASML's tools and solutions are expected to support smooth operations and efficient production ramp-up, ultimately delivering reliable output to Tata Electronics' global customer base. Beyond equipment, the two companies plan to work together on building domestic talent, strengthening local supply chains, and launching joint research initiatives designed to anchor long-term success at the Dholera site. Dr. Randhir Thakur, CEO and Managing Director of Tata Electronics, described the significance of the tie-up: "We are excited to partner with ASML, a company known for its innovation and leadership in lithography, and for enabling semiconductor customers globally. ASML's deep expertise in holistic lithography solutions will ensure the timely ramp of our Fab in Dholera, create a resilient and trusted supply chain for our global customers, drive innovation, and develop talent locally. This foundational partnership with ASML brings a shared commitment to the highest standards of quality, yield, and manufacturing excellence, and it will go a long way in building a strong semiconductor ecosystem in India." ASML's President and CEO Christophe Fouquet echoed that enthusiasm, pointing to India's growing role in the global chip industry: "India's rapidly expanding semiconductor sector represents many compelling opportunities, and we are committed to establishing long-term partnerships in the region. Signing this MoU marks an important milestone, and we look forward to close collaboration with Tata Electronics and its broader ecosystem. We believe Tata Electronics is strongly positioned to realize its ambitions in expanding semiconductor capabilities.
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