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India, US lay emphasis on stable global supply chains

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PM Narendra Modi on Sunday underscored three vital aspects for improving global supply chains during the session on Global Supply Chain Resilience convened by the US President on the sidelines of the G20 Summit in Rome. Modi asserted that trusted sources, transparency and time-frame are three vital fields that regulate the global supply chain.

The PM noted that while India is already a trusted source in IT and Pharma supply chains, it is keen to participate in the clean technology supply chain. He laid emphasis on the need to have a stable and resilient global arrangement. The leaders discussed ways in which “governments can alleviate pressure points in the global supply chain ecosystem.

Resilient global supply chains have topped Modi’s agenda over the last two years as he has pitched India as a reliable partner in the initiative. While addressing session one of the summit on Saturday, Modi invited G20 countries to make India their partner in economic recovery and supply chain diversification.

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