Industry And Cluster | News & Insights

Diversification in supply tends to be key and post COVID order

Published: August 5, 2020
Author: munimji

According to the Union Minister, Hardeep Singh Puri, diversification in the supply chain is going to be the key in planning for post COVID order.

“When we plan for the post-COVID order, we need to diversify, create new supply chains, we should try and avoid excessive dependence on any one source or commodity,” he said.

Later in a series of tweets, the Union Minister stated that India and the Association of Southeast Asian Nations (ASEAN) are service sector-oriented economies, and rooted for greater cooperation between the countries.

Puri said, “Pandemic has made us rethink our supply- production strategies. It is time for the world community to regroup, diversify, and integrate and the time for greater cooperation among our countries in innovations in health technologies, medicine, scientific research, and Development.”

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