NEW DELHI – India’s Department for Promotion of Industry and Internal Trade said foreign retailers can now meet local sourcing requirements by buying goods produced in units in Special Economic Zones.
FORT LAUDERDALE, FL – Element Solutions posted fourth quarter electronics net sales down 4% year-over-year to $272 million. Electronics segment adjusted EBITDA was $63 million, up 7% year-over-year.
ORADEA, ROMANIA – Celestica will lay off some 450 people at its Romanian subsidiary, according to reports.