Illuminating shipping: Indian solar supplies drive volume growth — Panjiva
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Illuminating shipping: Indian solar supplies drive volume growth

China 2975 Cons. Discr. - Durables 516 Corp - Shipping 978 Energy - Renewables 184 India 512 Info Tech - Tech Hardware 799 Mode - Containerized 1471 Theme - Rates 234 U.S. 5321

The collapse in ocean shipping is leading container lines to rearrange their services and differentiate rate changes by route. Shipments from India to the US are expanding rapidly while those from mainland China are falling. The increase in shipments from India has been led by electrical and electronics goods and furniture, with growth in both as well as apparel, steel/aluminum and auto parts outpacing the growth in shipments from mainland China. Within the shipments of electrical goods, a decade-long process of reshoring in solar power equipment is playing out. Indian suppliers had a 4%...

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