Strikes at US ports to impact India, Indonesia, and South Korea: Moody

03 Oct 2024 CW Team

The ongoing strikes by dockworkers at major US ports along the East Coast and the Gulf of Mexico are expected to significantly impact India, Indonesia, and South Korea due to their heavy reliance on these ports, according to a report by Moody’s Analytics. The strikes, led by the International Longshoremen’s Association, have halted operations at 36 major ports, which handle nearly 55% of the container traffic moving in and out of the US, including the 14 largest ports from Maine to Texas.

“Countries like Indonesia, India, and South Korea, which rely heavily on these ports, will be hit hard, whereas more diversified trading economies like Hong Kong, Singapore, and Malaysia will be relatively insulated,” said Harry Murphy Cruise, Economist at Moody’s Analytics.

As per the Ministry of Commerce and Industry, trade between India and the US stood at $119.71 billion in the 2023-24 period, underlining the significance of these ports for bilateral trade.

Moody’s also emphasised that Cambodia is expected to be the most impacted, with around 45% of its exports heading to the US, of which 30% transit through these disrupted ports.

“For Asia, shortages would be most prominent in commodities. Crude and refined petroleum products make up nearly 20% of all exports to Asia from these 14 ports, while soybeans account for approximately 6%. Vehicles and electronics could also face delays if outbound shipments do not resume soon,” the report noted.

(ET)

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..