UNCTAD roundtable: India willing to ‘pay extra buck’ for resilient supply chains
India is prioritizing self-reliance, or ‘Atmanirbharta,’ over mere cost efficiency to build resilient supply chains. The nation is reviewing all sectors to boost domestic capacity, even if it means higher initial costs. This strategic shift, exemplified by rapid vaccine development, aims to create jobs and strengthen manufacturing, while also fostering trust and reliability with global partners.🕒 1 min read
India is prioritizing self-reliance, or ‘Atmanirbharta,’ over mere cost efficiency to build resilient supply chains. The nation is reviewing all sectors to boost domestic capacity, even if it means higher initial costs. This strategic shift, exemplified by rapid vaccine development, aims to create jobs and strengthen manufacturing, while also fostering trust and reliability with global partners.
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