Goyal, Gan, Sidhu Discuss Supply Chain Resilience at Bloomberg New Economy Forum, New Delhi Panel
A panellist at the Bloomberg New Economy Forum in New Delhi on Wednesday said trust has been broken and key trade routes, including Hormuz, Malacca, Suez and Panama, can no longer be taken for granted. He warned that building redundancy into supply chains will cost far more than the old just-in-time model. Union Minister Piyush Goyal joined ministers from Singapore and Canada to discuss trusted partnerships, self-sufficiency, China and technology dependence. Goyal also called India-US ties very consequential. Watch the full discussion.
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