supply chain resilience initiative Current Affairs, GK & News

Supply Chain Resilience Initiative

On April 27, 2021, India, Australia and Japan formally launched the Supply Chain Resilience Initiative. The initiative was launched to counter the dominance of China in the Global Supply Chain. It aims to prevent disruptions in the supply chain as seen during COVID-19 pandemic. The initiative will mainly focus on diversification of investment and digital ..

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India-Japan sign Agreement for cooperation in AI, 5G, Critical Information Infrastructure

On October 7, 2020, India and Japan signed agreements of cooperation in Artificial Intelligence, 5G technology. The countries also agreed to give momentum to the supply chain initiative in the Indo-Pacific region. Highlights The agreements were signed between the External Affairs Minister Shri S Jaishankar and his Japanese Counter part Motegi. The agreement was signed ..

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What is Supply Chain Resilience Initiative (SCRI)?

India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative (SCRI) to reduce dependency on China, necessitated by Beijing’s aggressive political and military behaviour. Supply Chain Resilience Initiative In the context of international trade, supply chain resilience is an approach that helps a country to ensure that it has diversified ..

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