Elon Musk, the CEO of electric vehicle giant Tesla, made an unannounced visit to Beijing on April 28, to reportedly discuss the rollout of Full Self-Driving software and seek permission to transfer data collected in China abroad. A swelling and vast consuming middle class, availability of local labour and favourable and consistent tax laws and […]

Forty-seven per cent of large European and US organisations have already invested in reshoring their manufacturing production and 72 per cent are currently developing a strategy for reindustrialisation or already have one in place, according to a new report by Paris-based Capgemini Research Institute. Most of these organisations have initiated these strategies within the past […]

PARIS: A study released on Thursday by a consulting firm Capgemini reveals a significant surge in investment by companies in Europe and the United States aimed at reshoring manufacturing operations following the disruptions caused by the Covid-19 pandemic and the Russian invasion of Ukraine. Over the next three years, companies across 13 industrial sectors in […]

It’s no secret that the U.S. is undertaking a massive effort to reassure manufacturing. Those efforts should return manufacturing and production to the USA. Reshoring has many benefits including the creation of manufacturing jobs, a reduction in unemployment and balancing trade deficits. It is therefore easy to understand why reshoring stocks have such strong appeal.  U.S. […]