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World looks towards India as trusted, reliable partner in global supply chain, says Piyush Goyal

Adhikansh Gupta

Mar 7, 2024 • 2 min read

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htmlFAQ on World looks towards India as trusted, reliable partner in global supply chain, says Piyush Goyal - News On AIR

Frequently Asked Questions

1. Who has said that the world sees India as a trusted partner in the global supply chain?

- Piyush Goyal, the Commerce and Industry Minister of India, stated that the world now regards India as a trusted, reliable partner in the global supply chain.

2. What steps has India taken to strengthen its role in global supply chains?

- India has been focusing on building supply chain partnerships, such as the joint initiative with the United States to make semiconductor supply chains more resilient, and emphasizing strategic energy partnerships. The country is also interested in advancing Free Trade Agreements (FTAs) to foster global trade relations.

3. How does the United States view its technological partnership with India?

- The United States considers India a "trusted" technological partner and is keen on diversifying supply chains with trusted partners. India is actively engaged in discussions with the U.S. on supply chain issues and the mutual progress of initiatives like the Indo-U.S. Commercial and Technology Exchange (iCET).

4. What did Piyush Goyal say during international summits and meetings about global supply chains?

- During various international summits and meetings, Piyush Goyal has highlighted the need for supply chains to be open, secure, trusted, and resilient, and he has urged countries to collaborate to achieve these goals.

5. Has India been involved in energy partnerships for supply chain assurance?

- Yes, India has engaged in strategic energy partnerships, such as the India Strategic Clean Energy Partnership (SCEP), to reinforce the resilience of supply chains in the energy sector.

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