Resilient Supply Chains: A Pillar of India’s Economic Security
The recent geopolitical development in West Asia has shown how quickly supply disruptions can ripple through the global economy, underscoring a stark reality that while global interdependence is beneficial, it also amplifies vulnerability.
- As India navigates ongoing supply chain disruptions, this situation reinforces the need to build long-term resilience by reducing import dependence.
Why Supply Chain Resilience is Critical for India?
External Dependence in Energy Security
- India imports nearly 85% of its crude oil and more than 50% of its natural gas requirements.
- This high dependence makes the economy vulnerable to disruptions in global energy markets.
- Any volatility in prices directly impacts ....
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