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Home > All news > Business, Economy > India is the solution to Global Supply Chain issues: PM Narendra Modi

India is the solution to Global Supply Chain issues: PM Narendra Modi

August 28, 2023
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New Delhi - Prime Minister Narendra Modi on Sunday, 27th August pitched India as a trusted partner for an efficient supply chain to the G20 business community, urging them not to look at the country just as a market to sell products. He was addressing the B20 Summit India 2023, which is the official G20 dialogue forum with the global business community, in New Delhi.

While addressing the meet, Modi said the world had irreversibly changed between the pre-pandemic and post-pandemic times, and India had become the face of digital revolution in the era of Industry 4.0. “Earlier, it was said that as long as the global supply chain is efficient, there is nothing to worry about. But can such a supply chain be called efficient when it breaks down, and that too when the world needed it the most? Therefore, today when the world is grappling with this question, I assure you that the solution to this problem is India. India has an important place in building an efficient and trusted global supply chain. And for this, global businesses will have to take up their responsibility by moving forward along with us,” Modi added.

Modi said treating other countries only as a market would not work but harm even the producing countries, sooner or later. “A profitable market can be sustained when there is a balance in the interests of producers and consumers. This also applies to nations. Treating other countries only as a market will never work. Making everyone equal partners in progress is the way forward,” he added.

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