22) Supply Chain Resilience Initiative (SCRI) Flashcards
1
Q
What is this initiative about ?
A
The objective is to basically attract FDI with a vision of creating an economic power house and strengthening the relationship among partner countries
2
Q
Why is this under discussion suddenly ?
A
India , Japan and Australia have begun discussions on launching a Trilateral SCRI to reduce the dependency on China
3
Q
Significance ?
A
It is a direct response to companies that are concerned about Chinese political behaviour and disruption to the supply chain
