India Invests in Supply Chain Resilience to Enhance Domestic Manufacturing

India is enhancing its supply chain resilience through substantial investments, aiming to strengthen domestic manufacturing and self-reliance amid global uncertainties, as emphasized in the latest policy initiatives.

• Commerce and Industry Minister Piyush Goyal announced that India is investing in building supply chain resilience across all sectors to mitigate vulnerabilities and enhance domestic manufacturing.
• The governments Atmanirbhar Bharat initiative focuses on infrastructure development and collaboration with trusted partners, aligning with goals set by the United Nations Conference on Trade and Development.
• Logistics improvements are crucial to this strategy, as India seeks to streamline operations and reduce dependency on foreign supply chains, particularly highlighted during disruptions experienced in Geneva.