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rivexa Digital Marketplace Simplifying US Sourcing of Indian Injection Molding Services

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3 weeks ago

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7th April, Ohio: rivexa, a digitally driven export marketplace, started by mjunction Services Limited (a JV between Tata Steel and Steel Authority of India Limited), simplifies the search for verified Indian suppliers of injection molding services. Designed to bring India to the world, the development comes as India strengthens its position as a manufacturing and sourcing destination for global businesses.  

India’s growing manufacturing capabilities  

India is a global manufacturing powerhouse catering to some of the world’s biggest names. It is also backed by sound government initiatives like ‘Make in India’ as well. Injection molding services are a big part of this picture and serve the consumer goods, electronics, automotive, and medical devices industries. This sector has grown over the years, investing heavily in building substantial technical expertise while maintaining competitive costs.  

US-India trade developments  

The United States and India are working on building bilateral trade, even setting a USD 500 billion target for 2030. US trade policy developments have resulted in certain impacts on the injection molding industry. The US government maintains a 25% tariff on Chinese molds with the intention of protecting domestic manufacturing interests (PlasticNews). As a direct outcome, US companies have begun exploring alternative sourcing strategies to offset these elevated costs.  

Parallelly, India has enhanced its trade relations with the US. According to the Indian Trade Minister, bilateral trade negotiations focused on eliminating tariff barriers and aligning regulatory standards are progressing well (Reuters).  

Why India stands out now  

Indian manufacturers of injection molding services have invested in quality management systems and international certifications to meet global compliance requirements. This focus on quality control and standards alignment has positioned India as a reliable source of precision manufacturing services, including specialized injection molding services for demanding applications. India’s export-oriented manufacturing sectors have consistently grown, with projections indicating continued expansion.  

Sourcing India with rivexa

The rivexa marketplace uses a structured evaluation process for all its registered manufacturers. The process includes factory audits, compliance verification, and quality assessments. In addition to procuring reliable injection molding services, buyers can receive reliable services across multiple categories.  

These include drawing-based CNC machined parts, custom components, replacement parts, OEM aftermarket parts based on technical drawings. In addition, there are annual MRO supplies such as bearings, belts, filters, valves, rollers, switches, connectors and diverse CAPEX and OPEX procurement solutions. Moreover, the platform provides logistics support and quality control monitoring throughout the procurement cycle.  

It aims to streamline the sourcing process for US and global businesses seeking manufacturing partners in India’s growing industrial ecosystems.  

For sourcing and procurement needs, visit: rivexa

For media interviews with:

Richard Bentoski
Senior Manager, Sales
richard.bentoski@rivexa.com
Ph:330-407-1115

For sales and marketing-related queries, please email at marketing@rivexa.com 

About rivexa  

rivexa is a digitally driven export marketplace specializing in sourcing custom manufacturing of Industrial Goods and Components while ensuring efficient procurement operations. We make global trade easier by connecting brands with vetted Indian suppliers. This comprehensive B2B platform is backed by mjunction Services Limited – a joint venture between Tata Steel and the Steel Authority of India Limited.

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CGTN Poll: Trump’s approval rating plummets after 100 days in office

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1 hour ago

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May 1, 2025

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One hundred days into his second term, U.S. President Donald Trump and his “America First” policy are facing mounting challenges, according to new CGTN polls.

In February and April this year, CGTN conducted two global public opinion surveys involving 15,947 respondents from 38 countries.

Findings show a sharp decline in American public satisfaction with Trump’s governance. His tariff-centric approach and “America First” policy have triggered growing pessimism among respondents from both traditional U.S. allies and the Global South regarding future relations with the United States. The administration now faces a serious global trust deficit.

Global confidence in the U.S. declines

In the April survey, 48.9 percent of American respondents expressed dissatisfaction with Trump’s performance since taking office. Of those, 53.1 percent criticized his “reciprocal tariffs” policy for damaging the U.S. stock market, while 60.4 percent believed his domestic economic policies failed to control inflation and instead caused price increases. Meanwhile, 54 percent expressed serious concerns about his interest rate policies.

Discontent is also rising globally. Respondents from key U.S. allies expressed deep concern over strained ties with Washington. In France, Germany, Canada, Japan, and South Korea, more than 70 percent of respondents were pessimistic about their countries’ future relations with the U.S. Many cited the belief that the “America First” doctrine has made the U.S. less attentive to its allies. This sentiment was strongest in South Korea, where 87 percent strongly agreed, and over 70 percent in the UK, Germany, Canada, Australia, and Italy shared the view.

Likewise, confidence among Global South countries has rapidly declined. Of the 23 surveyed, 19 expressed pessimism about future ties with the U.S. In South Africa, Egypt, Peru, Indonesia, and Malaysia, optimism dropped by more than 20 percentage points.

Tariff bullying damages global public’s goodwill towards the U.S.

Both surveys found widespread opposition to U.S. tariff policy. Some 74.2 percent of global respondents believe the policy will seriously harm their countries’ economic development – a figure up 16.3 percentage points in just two months. Disapproval grew most in Saudi Arabia and Serbia, where negative views surged by 28.5 percentage points.

In Southeast Asia, countries like Vietnam, the Philippines, Thailand, Indonesia, and Malaysia – seen as “hard-hit areas” of U.S. tariffs – have shown growing resistance. Among respondents in these five countries, 60.2 percent believe “strengthening export controls and unilateral sanctions” harms their national development, up 15.5 percentage points from the previous survey. Meanwhile, 69.4 percent opposed “limiting investment by foreign technology enterprises” (up 14.3 percentage points), and 61.5 percent viewed U.S. “reducing dependence on foreign imports and supply chains” as detrimental to their countries (up 12.3 percentage points).

China’s firm countermeasures against U.S. tariffs received strong global backing. In 37 out of 38 countries surveyed, majorities supported China’s actions. Support among developing countries was especially strong – 13 countries, including Kenya, Egypt, Brazil, Kazakhstan, Nigeria, Malaysia, the UAE, and South Africa, saw support rates above 70 percent, with Kenya topping the list at 82.5 percent. Among developed countries, the UK led the G7 with a 70.5 percent support rate, followed by Canada (69.5 percent), Germany (66 percent), and France (65.5 percent).

The surveys were jointly conducted by CGTN and Renmin University of China via the Institute of International Communication in the New Era. Respondents included individuals from developed countries such as the U.S., the UK, France, and Japan, as well as from developing nations including Mexico, South Africa, and Malaysia.

https://news.cgtn.com/news/2025-04-30/CGTN-Poll-Trump-s-approval-rating-plummets-after-100-days-in-office-1CZRnmTuRK8/p.html

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Dubai-based IT-company Reputation House Won American Business Awards 2025

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9 hours ago

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April 30, 2025

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IT-company Reputation House is the only one company from Dubai to be recognized as the winner this year

United Arab Emirates, 30th Apr 2025, – Reputation House, an IT-company based in Dubai, has been announced a winner at the American Business Awards (The Stevie® Awards) for its IT solutions in online reputation management. The company was recognized as a Gold Winner in two categories: Innovation of the Year (Business Services Industries) and Most Innovative Tech Company of the Year (Up to 100 Employees). Additionally, Reputation House received the Bronze Stevie® Award for Best Data Tools & Platforms.

Dubai-based IT-company Reputation House Won American Business Awards 2025

This marks the second consecutive year the U.S. business community has honored Reputation House; the company captured one Gold and one Silver Stevie in 2024.

“Our 2025 tech expansion is about turning a once-traditional agency into a product-first software company,” said Dima Raketa, CEO of Reputation House. “Winning two Gold Stevies at America’s most respected business awards tells us we’re on the right path: our ecosystem of four interconnected tools will be redefining how global brands protect and grow their reputations. And we are just getting started.”

Kristina Shinkareva, COO, added: “This recognition belongs to our entire team — engineers and developers, data analysts, customer specialists, and every talent of Reputation House — whose hard work has turned big ideas into practical solutions that companies rely on every day.”

This year, Reputation House launched a full-scale technological transformation, unveiling four top-tier solutions that put complete online reputation control in clients’ hands. The new ecosystem starts with Reputation House Scan, which monitors mentions in 20+ languages, grades sentiment, and alerts teams to risks in real time. Account Control Center lets brands safely ignite and guide conversations across forums and social media, while the upgraded Reputation Check delivers fast, high-accuracy background reports on any partner, employee, or client. Rounding out the suite, the SERM Platform boosts search-engine rankings and surfaces positive content to the top of results pages. 

Together, these tools mark Reputation House’s shift from a traditional agency to a product-driven tech company—and set a new standard for how businesses protect and grow their digital presence.

To learn more about Reputation House, visit: www.reputation.house

Media Contact

Organization: Reputation House

Contact
Person: Media Relations

Website:

https://www.reputation.house/

Email:

pr@reputation.house

Country:United Arab Emirates

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Under the patronage of Maktoum bin Mohammed DIFC to host 3rd edition of Dubai FinTech Summit on 12 and 13 May 2025

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11 hours ago

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April 30, 2025

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  • His Highness: Summit reflects Mohammed bin Rashid’s vision of establishing Dubai as a global financial powerhouse
  • Summit to draw over 8,000 attendees and 300 speakers from more than 100 countries, and over 1,000 investors alongside top decision makers, thought leaders and experts
  • Essa Kazim: Through the summit, DIFC continues to showcase the tremendous opportunities for AI, FinTech and innovation companies in Dubai
  • Future Sustainability Forum will be incorporated into the summit for the first time
  • FinTech World Cup gives start-ups a platform to display solutions to investors, venture capitalists, and strategic partners

Dubai, UAE, 30th April 2025, ZEX PR WIRE, “The Dubai FinTech Summit reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, of establishing Dubai as a global financial powerhouse. The Summit is set to attract over 8,000 attendees and 300 speakers from more than 100 countries, as well as over 1,000 investors alongside top decision makers, thought leaders and experts. This reflects Dubai’s pivotal role in shaping the future of finance globally, while reinforcing its status as the destination of choice for businesses and entrepreneurs worldwide. We are committed to supporting FinTech in line with the goal of the Dubai Economic Agenda D33 to position Dubai as a top four global financial centre by 2033.”

– His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of DIFC

Government of Dubai Media Office – 13 April 2025: The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, at the Madinat Jumeirah, Dubai, under the theme ‘FinTech for All’. The Summit, held under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of DIFC, will bring together global industry leaders, innovators, and policymakers to explore the latest trends and insights driving the FinTech sector.

His Highness Sheikh Maktoum bin Mohammed said: “The Dubai FinTech Summit reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, of establishing Dubai as a global financial powerhouse. The Summit is set to attract over 8,000 attendees and 300 speakers from more than 100 countries, as well as over 1,000 investors alongside top decision makers, thought leaders and experts. This reflects Dubai’s pivotal role in shaping the future of finance globally, while reinforcing its status as the destination of choice for businesses and entrepreneurs worldwide. We are committed to supporting FinTech in line with the goal of the Dubai Economic Agenda D33 to position Dubai as a top four global financial centre by 2033.”

Drivers of FinTech growth

The FinTech sector continues to grow and by 2030 global revenues are expected to reach $1.5 trillion, representing an estimated 7% of the total financial services market. This growth is driven by advancements in artificial intelligence, blockchain and digital banking, creating new opportunities for financial institutions and technology companies worldwide.

Dubai FinTech Summit is at the heart of these developments. Its agenda will address the future of finance, financial innovation and regulatory compliance, while highlighting the challenges and opportunities the sector presents. It will also cover the latest in key areas such as blockchain technology, AI-driven services, and digital banking. Furthermore, the summit will explore investment trends, global economic shifts, and cross-border regulations.

Attracting talent

His Excellency Essa Kazim, Governor of DIFC said: “Through the Dubai FinTech Summit, DIFC continues to showcase the tremendous opportunities AI, FinTech and innovation companies can access when they establish in Dubai. As we relentlessly foster an environment of innovation and excellence, we are solidifying Dubai’s position as one of the world’s foremost destinations for FinTech talent and investment.”

Accompanying exhibition and Future Sustainability Forum

Providing a global platform for innovation, building partnerships and driving the next wave of FinTech advancements, the Summit will also feature an exhibition with 200 exhibitors.

The Future Sustainability Forum will be incorporated into the Dubai FinTech Summit for the first time, and the alignment is reflected in the Summit’s theme of ‘FinTech for All’. Associated sessions will highlight accessibility, inclusivity and empowerment in the financial sector.

Key speakers

Amongst the distinguished lineup of speakers are His Excellency Marko Primorac, Deputy Prime Minister and Minister of Finance of Croatia; His Excellency Gilles Roth, Minister of Finance, Luxembourg; Timothy Adams, President and Chief Executive Officer, Institute of International Finance (IIF), USA; Tony O Elumelu, Chairman of United Bank for Africa and Founder of Tony Elumelu Foundation, Nigeria; and Vijay Shekhar Sharma, Founder & Chief Executive Officer, Paytm, India.

The Summit will feature start-up and country pavilions in the exhibition arena to showcase cutting-edge solutions from emerging and established players. Additionally, the FinTech World Cup will give promising FinTech start-ups a global platform to display their solutions to investors, venture capitalists, and strategic partners, and an opportunity for investors to find the next big idea.

Reflecting the continued importance of FinTech to the finance industry, the event is being supported by Emirates NBD as Premium Banking Partner, Commercial Bank of Dubai as Strategic Banking Partner; Relm Insurance as Strategic Partner; Presight as AI Industry Leader; Pay10 and Alibaba Cloud as Platinum Sponsors; Seoul FinTech Lab as a Pavillion Partner; and Business Sweden as the Country Partner.

Registrations for Dubai FinTech Summit are now open at dubaifintechsummit.com.

About Dubai FinTech Summit

Dubai FinTech Summit is an annual mega event organised by the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The 3rd edition of the Dubai FinTech Summit will bring together over 8,000+ global industry leaders, 1,000+ investors and policy makers, signalling increased appetite for growth opportunities in the region.

Dubai FinTech Summit signals new wave of financial innovation, opportunity, transformation, and growth for the international financial services sector.  As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The Summit aligns with the Dubai Economic Agenda D33’s strategic goal of propelling Dubai into the ranks of the top four global financial hubs by 2033.

The expanded programme of Dubai FinTech Summit is set to exceed expectations by delving into key tracks, including the future of FinTech, global economic trends, blockchain and cryptocurrency, regulatory compliance, and investment outlook. The summit stands as a thought leadership-driven platform, addressing industry challenges head-on and championing innovation.

For more information, contact:

Shadi Dawi

Sr. Director – PR, Comms., & Media

M: +971 55 498 4989 | E: shadi@tresconglobal.com

Media partners include:

Entrepreneur ME –  Ecosystem Partner

Arabian Business –  Business Media Partner

The FinTech Times – Newspaper Partner

Finance World Magazine –  Finance Magazine Partner

The Technology Express –  Technology Intelligence Partner

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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