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China Surpasses USA and Becomes Largest Trading Partner of India in FY24 – Volza

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REHOBOTH BEACH, Del., June 5, 2024 /CNW/ — Volza — In a significant shift in global trade dynamics, China has surpassed the USA to become India’s largest trading partner in the fiscal year 2024 (FY24). This development underscores the evolving nature of international trade relationships and highlights the increasing economic interdependence between China and India. As businesses and policymakers navigate these changes, tools like Volza can play a pivotal role in understanding and optimizing trade strategies.

China Surpasses USA and Becomes Largest Trading Partner of India in FY24 – Volza

The Shift in Trade Dynamics

For several years, the USA held the position as India’s largest trading partner, with significant bilateral trade in goods and services. However, recent data from India’s Ministry of Commerce reveals that China has overtaken the USA, marking a pivotal change in India’s trade landscape.

Key Segment Driving the Change

Several factors have contributed to China surpassing the USA as India’s top trading partner:

Increased Import of Electronic Goods: China’s dominance in manufacturing and exporting electronic goods has led to a surge in imports from China to India. Products such as smartphones, laptops, and other consumer electronics have seen significant demand in the Indian market.Industrial Machinery and Equipment: The robust growth in India’s manufacturing sector has increased the demand for industrial machinery and equipment, much of which is sourced from China. This includes machinery for sectors such as textiles, chemicals, and automotive manufacturing.Chemical and Pharmaceutical Imports: China remains a key supplier of bulk drugs and intermediates to India’s pharmaceutical industry. The increasing import of these chemicals has further bolstered trade between the two countries.Infrastructure Projects: Several ongoing infrastructure projects in India have sourced materials and machinery from China. These projects, aimed at enhancing India’s infrastructure, have contributed to the rise in imports from China.

Key Factors Driving the Change

Increased Bilateral Trade Volume: The trade volume between India and China has been increasing significantly. In FY24, the total trade between the two countries surged due to higher imports from China, including essential commodities and intermediate goods used in Indian manufacturing.Competitive Pricing: Chinese products are often more competitively priced compared to those from other countries, making them attractive to Indian importers. This cost advantage has bolstered imports from China.Supply Chain Dynamics: The disruptions caused by global events such as the COVID-19 pandemic and the Ukraine conflict have led to changes in supply chain dynamics. China’s robust manufacturing and supply chain capabilities have allowed it to meet India’s demands more efficiently than other countries.Trade Agreements and Economic Policies: Both countries have engaged in trade agreements and economic policies that have facilitated smoother trade flows. India’s tariff structures and trade policies have also influenced the increase in imports from China.Increased Demand for Consumer Electronics: There has been a surge in demand for consumer electronics in India, many of which are imported from China. This sector’s growth has significantly contributed to the overall trade volume between the two countries.Raw Material Imports for Indian Manufacturing: Indian industries, particularly those in sectors like pharmaceuticals and automotive, rely heavily on raw materials and components from China. This dependence has driven up import numbers, contributing to the higher trade volume.Shift in Global Trade Patterns: Changes in global trade patterns, including the impact of the US-China trade war, have redirected some of China’s export focus towards other markets, including India.

Trade Figures at a Glance

According to the latest trade data, the bilateral trade between India and China reached a record high in FY24. The total trade value stood at approximately $118.4 billion, with imports from China accounting for the majority of this figure. In contrast, trade with the USA, while still substantial, lagged behind at around $118.3 billion.

Data is from Economics Times Ref Link: https://economictimes.indiatimes.com/news/economy/foreign-trade/china-overtakes-us-to-become-indias-top-trading-partner-in-fy-2023-24/articleshow/110049223.cms?from=mdr

Leveraging Volza for Informed Trade Strategies

Amidst these shifting trade dynamics, businesses can benefit from leveraging tools like Volza to gain deeper insights and make informed decisions. Here’s how Volza’s features can contribute:

Global Shipment Records Access: Volza provides users with access to comprehensive shipment records, allowing businesses to track product movements and understand global trade patterns. This data can help businesses identify emerging trends and make strategic decisions about trade partnerships.Competitor Analysis: By analyzing competitor shipment activities through Volza, businesses can gain a competitive edge. Understanding competitor strategies and market positions can inform pricing strategies, product offerings, and market entry decisions.Market Exploration: Volza’s market exploration features enable businesses to identify new markets and opportunities. With insights into demand trends and market dynamics, businesses can tailor their export strategies to target high-growth markets effectively.Real-Time Updates: Stay up-to-date with the latest trade data and trends through Volza’s real-time updates. Timely information allows businesses to adapt quickly to changing market conditions and capitalize on emerging opportunities.

Implications for India and Strategic Considerations

The rise of China as India’s largest trading partner in FY24 has several implications for the Indian economy. While this shift brings opportunities for economic collaboration, it also underscores the need for strategic trade policies and partnerships. India can leverage tools like Volza to:

Optimize Supply Chains: Track shipments, verify transaction details, and optimize supply chain efficiencies.Identify New Market Opportunities: Explore emerging markets and identify high-demand products using Volza’s data insights.Monitor Competitor Activities: Analyze competitor strategies and market positions to inform competitive strategies.

As India continues to navigate the evolving trade landscape, partnerships with platforms like Volza can provide the data-driven insights necessary to thrive in a rapidly changing global economy.

About Volza

Volza started in 2017 to help companies that trade goods internationally. They use advanced tools and data to show businesses new opportunities and potential problems. This helps import-export companies succeed in the competitive market. Volza provides detailed global trade information so businesses can make smart decisions. Learn more at Volza.

CONTACT: Arti Jain, marketing@volza.com, (302) 918-4610

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The Inner Circle acknowledges Colleen Reilly as a Pinnacle Professional Member Inner Circle of Excellence

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PORT ST. JOE, Fla., April 24, 2026 /PRNewswire/ — Prominently featured in The Inner Circle, Colleen Reilly is honored as a Pinnacle Professional Member Inner Circle of Excellence for her contributions to Transforming Catering and Event Services in Northwest Florida.

Since 2015, Colleen Reilly has served as founder and CEO of Catering Connections, a company that has redefined catering in Northwest Florida’s beach communities through innovation, collaboration, and community focus. Guided by her motto “Just one call feeds them all,” Ms. Reilly established a unique model by partnering with local restaurants to showcase their specialties, fostering unity among businesses while providing clients with one-of-a-kind event experiences.

With over 15 years of industry expertise, Ms. Reilly specializes in coordinating weddings, family reunions, and corporate events, managing every detail from client consultation to menu planning and flawless execution. Her dedication to service has earned Catering Connections multiple recognitions, including the Couples Choice Award from WeddingWire from 2021 to 2025, the Best of Florida Award from 2022 to 2024, and the Lux Life Hospitality and Catering Award in 2023 and 2024.

Ms. Reilly’s career foundation includes an associate degree in paralegal studies, magna cum laude, from Volunteer State College, a reflection of her meticulous approach to detail and commitment to excellence. Beyond her business, she serves her community as a board member of the Historic St. Andrews Waterfront Partnership and as president of Friends of the Governor Stone Inc., a nonprofit dedicated to preserving maritime heritage in Panama City. Her previous civic contributions include serving five years as a guardian ad litem, advocating for children within the legal system, and volunteering as a school chaperone for international student trips.

A leader who blends innovation with service, Ms. Reilly continues to grow Catering Connections while deepening her commitment to the local community. Looking ahead, she remains dedicated to expanding her company’s impact, bringing people together, and creating meaningful experiences through food and fellowship.

Contact: Katherine Green, 516-825-5634, editorialteam@continentalwhoswho.com

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SOURCE The Inner Circle

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Media Contributor Kianga Moore to Host Executive Media Roundtable On AI’s Transformational Impact in Retail

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Leaders from AdFury.ai, Vendormint, and New Nexus Group to Explore Real-Time Decision-Making, Resilience, and Growth in a Volatile Market

NEW YORK, April 24, 2026 /PRNewswire/ — As retailers navigate ongoing economic uncertainty, supply chain volatility, and rapidly shifting consumer expectations, the upcoming convening of a high-level roundtable discussion will examine how artificial intelligence is reshaping the retail landscape in real time.

Moderated by Media Contributor Kianga Moore, to be held on Wednesday, April 29 at 11h00am (EST), the roundtable will bring together senior leaders from AdFury.ai, Vendormint and New Nexus Group to discuss how modern enterprise platforms are leveraging AI to drive agility, efficiency, and long-term resilience across the retail ecosystem.

The discussion will additionally focus on how AI is enabling retailers to respond dynamically to changing demand signals, optimize marketing investments, and strengthen interoperability across increasingly complex vendor and marketplace networks.

“Retailers today are operating in a constant state of disruption”, stated Kianga Moore. “This roundtable will explore how AI is not just a tool for efficiency, but a strategic asset for anticipating change and building more resilient, adaptive American enterprise.”

Key discussion topics will include remarks on how, for example, enterprise AI platforms are helping retailers respond instantly to fluctuations in consumer demand, pricing pressures, and external supply chain disruptions and the role of AI in enhancing interoperability across vendors, partners, and marketplaces to create more agile and resilient retail infrastructures in 2026.

Rob Gonda, Chief Technical Officer at Vendormint, stated that, “Interoperability is the backbone of modern retail. AI enables seamless communication between platforms, vendors, and marketplaces—turning fragmented systems into cohesive, responsive ecosystems that can adapt under pressure.”

Discussion topics will also include machine learning’s ability to optimize ad spend, improving personalization, and delivering measurable ROI while maintaining brand trust and regulatory compliance.

Eric Howerton, Co-Founder and Chief Growth Officer of AdFury.ai, added that,”AI is fundamentally changing how brands approach customer acquisition. By leveraging machine learning through fine-tuned, retail-specific agentic flows, we can not only optimize ad spend in real time, but we can also ensure messaging is personalized, compliant, and aligned with evolving consumer expectations.”

And indeed the roundtable will include discussions on how AI-powered predictive analytics can help businesses anticipate economic, technological, and geopolitical disruptions ahead—and plan accordingly.

Cheryl Yarbrough, Vice President of Partnerships at New Nexus Group added that, “Resilience in retail is no longer built in quarterly planning cycles-it’s built in real time. AI gives organizations the ability to identify disruptions before they cascade, pivot strategies before momentum is lost, and maintain continuity when the market moves faster than any human team can react alone.”

The roundtable will be held via Zoom TeleConference, with questions from the press and key stakeholders to follow opening remarks and a 30-minute Q&A between the moderator and the panelists.

For all media inquiries and to register to attend, please contact: Sam Amsterdam, Amsterdam Group Public Relations Inc. – Sam@AmsterdamGroup.net / +1 (202) 910-8349

Vendormint (https://vendormint.com)New Nexus Group (https://www.newnexusgroup.com)AdFury.ai (https://www.adfury.ai)

Samuel Amsterdam
Communications Counsel
Vendormint
samuelamsterdam@gmail.com

View original content:https://www.prnewswire.com/news-releases/media-contributor-kianga-moore-to-host-executive-media-roundtable-on-ais-transformational-impact-in-retail-302753148.html

SOURCE Vendormint

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Fairway Home Mortgage Earns Prestigious USA TODAY Top Workplaces Award For 6th Consecutive Year

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Fairway CEO Steve Jacobson Named #1 Leadership Award Winner of Companies With 2500+ Employees

MADISON, Wis., April 24, 2026 /PRNewswire/ — Fairway Home Mortgage announced that it has earned the prestigious 2026 USA TODAY Top Workplaces award. This is the sixth year in a row Fairway achieved this honor.

The award honors organizations with 150 or more employees that have created exceptional, people-first cultures. This year, more than 40,500 organizations were invited to participate. The winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. USA TODAY showcased the winners at the National Awards Summit in Nashville. Watch the video of the event here.

“Being recognized with this award reflects Fairway’s commitment to bringing our people together face-to-face,” said Fairway’s CEO and Founder Steve Jacobson. “Companies are better when their people are around each other. People need each other and they learn from each other, and we’re very intentional about creating opportunities for in-person collaboration at Fairway.”

Jacobson demonstrated that in-person collaboration when he traveled to Knoxville this week with Fairway Senior Vice President Dan Richards to spend time with one of Fairway’s branches and their local real estate partners. “We engaged in real conversations about the market, discussed what people are seeing on the ground, and talked about how Fairway keeps showing up for clients,” said Richards. “It’s a reflection of the same hands-on approach that has defined Fairway’s culture for more than two decades.”

“To be named a Top Workplace for six consecutive years speaks to Fairway’s leadership, our mindset, and the empowerment of our staff,” said Fairway’s Chief People and Engagement Officer Julie Fry. “Our strength isn’t just what we offer employees. What sets a top workplace apart is the daily commitment to people—prioritizing connection, valuing contributions, and creating an environment where employees feel energized to serve because they feel valued first.”

The winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance.

“Earning a USA TODAY Top Workplaces award is a testament to an organization’s credibility and commitment to a people-first culture,” said Eric Rubino, CEO of Energage. “This award, driven by real employee feedback, is more than just a recognition — it’s proof that your employees believe in the organization and its leadership. Job seekers and customers look for this trusted badge of credibility and excellence. It signals a company that values its people, and that kind of culture resonates in today’s competitive market”

About Fairway Home Mortgage
Madison, WI- and Carrollton, TX-based Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender licensed in all 50 states. Fairway is the #2 overall retail lender in the U.S.

About Energage
Making the world a better place to work together.™
Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 20 years of culture research and the results from 30 million employees surveyed across more than 80,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

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SOURCE Fairway Home Mortgage

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