Modi's supply chain mantra: trusted source, transparency and time frame

After making its mark as a trusted source in pharmaceuticals, IT, among others, Modi said India is now ready to play a role in the supply chain for clean technology.

Prime Minister Narendra Modi on Sunday visited the famous Trevi Fountain in Rome along with other world leaders on the sidelines of the G20 summit

Prime Minister Narendra Modi underlined three critical aspects ‘3Ts — Trusted Source, Transparency and Time frame for improving global supply chains at the Summit on Global Supply Chain Resilience’ on the sidelines of the G20 Summit at Rome. After making its mark as a trusted source in pharmaceuticals, IT, among others, Modi said India is now ready to play a role in the supply chain for clean technology. The Summit on ‘Global Supply Chain Resilience’ was convened by US President Joe Biden to discuss the ways in which governments can alleviate pressure points in the global supply chain ecosystem.

Recalling the initial months of the Covid-19 pandemic when all countries faced paucity of medicines, health equipment and raw materials for preparing vaccines, Modi said, “Now when the world is on path to economic recovery, supply issues related to semi-conductors and other such things are hampering a healthy growth. Imagine, who thought the world may face shortage of shipping containers?” The Prime Minister reiterated his promise of coming up with five billion Covid vaccine doses and said, “It is imperative that there are no problems in the supply chain. India improved the export of vaccines to increase the global supply. We are working on providing affordable Covid-19 vaccines to not just our QUAD partners but the Indo-Pacific region too.”..Read More

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