Global Supply Chain Resilience: Need for Synchronization - By Chronicle Editorial Team

There is a visible churning in geopolitics and geoeconomics; the trade war between the United States and China, the outbreak of the COVID-19 pandemic, the Russia-Ukraine conflict, and the breakdown of the multilateral system are all driving global supply chains to be evaluated and reconfigured. The epidemic accelerated the migration of global supply chains that began with the trade dispute between the United States and China, exposing major vulnerabilities in vital commodity production networks.

There is now widespread agreement that countries must design their foreign trade policies to address vulnerabilities, manage disruptions, and limit concentration. India has a unique opportunity to ....