New Delhi - The action plan team set up under the Supply Chain agreement of the Indo-Pacific Economic Framework for Prosperity (IPEF) needs to address global concentration of supply chains in critical minerals, agro-chemicals, pharmaceuticals and medical devices, Commerce and Industry Minister Piyush Goyal said recently.

“The use of specific minerals is indispensable for the sectors including clean energy, electronics, defence, transportation, telecommunications, fertilisers, and pharmaceuticals. One of the key challenges in supply chains is risk on account of concentration of global capacities or resources, which can add to price volatility and supply . . .