This mind map outlines the critical aspects of supply chain resilience and raw material security, their drivers, strategies, and relevance for India's economy.
This timeline highlights key global events and policy responses that shaped India's focus on supply chain resilience and raw material security.
This mind map outlines the critical aspects of supply chain resilience and raw material security, their drivers, strategies, and relevance for India's economy.
This timeline highlights key global events and policy responses that shaped India's focus on supply chain resilience and raw material security.
COVID-19 Disruptions
Geopolitical Tensions
Over-reliance on Single Sources
Diversification of Suppliers
Domestic Production & Local Value Addition
Strategic Stockpiling & Long-term Pacts
Atmanirbhar Bharat Abhiyan
Supply Chain Resilience Initiative (SCRI)
Critical Minerals Policy (2023)
Stable Industrial Growth
Price Stability & Reduced Volatility
Job Security & Creation
Globalization & 'Just-in-Time' Manufacturing: Focus on efficiency, cost reduction, and globalized supply chains.
Global Financial Crisis: Exposed vulnerabilities in interconnected global economies, but supply chain resilience not primary focus.
Tohoku Earthquake & Tsunami (Japan): Major disruption to global electronics and auto supply chains, highlighting regional risks.
Launch of 'Make in India': Initial push for domestic manufacturing to reduce import dependence.
COVID-19 Pandemic: Widespread global supply chain disruptions, exposed over-reliance on single sources (e.g., China for APIs, electronics).
Atmanirbhar Bharat Abhiyan: India's call for self-reliance, strategic reduction of imports, and boosting domestic production.
Supply Chain Resilience Initiative (SCRI): India, Japan, Australia launch initiative to diversify supply chains in Indo-Pacific.
Critical Minerals Policy: Government identifies 30 critical minerals, focuses on domestic exploration and international partnerships for procurement.
National Logistics Policy Implementation: Focus on improving efficiency and resilience of domestic and international logistics infrastructure.
Strategic Import Shift (Marble): Ban on Turkish marble, shift to Oman for raw material security and quality.
COVID-19 Disruptions
Geopolitical Tensions
Over-reliance on Single Sources
Diversification of Suppliers
Domestic Production & Local Value Addition
Strategic Stockpiling & Long-term Pacts
Atmanirbhar Bharat Abhiyan
Supply Chain Resilience Initiative (SCRI)
Critical Minerals Policy (2023)
Stable Industrial Growth
Price Stability & Reduced Volatility
Job Security & Creation
Globalization & 'Just-in-Time' Manufacturing: Focus on efficiency, cost reduction, and globalized supply chains.
Global Financial Crisis: Exposed vulnerabilities in interconnected global economies, but supply chain resilience not primary focus.
Tohoku Earthquake & Tsunami (Japan): Major disruption to global electronics and auto supply chains, highlighting regional risks.
Launch of 'Make in India': Initial push for domestic manufacturing to reduce import dependence.
COVID-19 Pandemic: Widespread global supply chain disruptions, exposed over-reliance on single sources (e.g., China for APIs, electronics).
Atmanirbhar Bharat Abhiyan: India's call for self-reliance, strategic reduction of imports, and boosting domestic production.
Supply Chain Resilience Initiative (SCRI): India, Japan, Australia launch initiative to diversify supply chains in Indo-Pacific.
Critical Minerals Policy: Government identifies 30 critical minerals, focuses on domestic exploration and international partnerships for procurement.
National Logistics Policy Implementation: Focus on improving efficiency and resilience of domestic and international logistics infrastructure.
Strategic Import Shift (Marble): Ban on Turkish marble, shift to Oman for raw material security and quality.
Involves identifying critical raw materials and their sources, assessing risks, and developing mitigation strategies.
Strategies include diversification of suppliers, domestic production, strategic stockpiling, and long-term procurement agreements.
Focus on reducing over-reliance on a single country or region for critical inputs.
Promoting local value addition and backward integration to reduce import dependence.
Developing robust logistics and infrastructure to ensure smooth flow of goods.
Collaboration with international partners through Supply Chain Resilience Initiative (SCRI).
The shift from Turkey to Oman for marble blocks is a direct example of diversifying sources for raw material security.
Crucial for sectors like manufacturing, electronics, pharmaceuticals, and energy.
Aims to prevent disruptions that can lead to production halts, price volatility, and job losses.
This mind map outlines the critical aspects of supply chain resilience and raw material security, their drivers, strategies, and relevance for India's economy.
Supply Chain Resilience & Raw Material Security
This timeline highlights key global events and policy responses that shaped India's focus on supply chain resilience and raw material security.
The concept of supply chain resilience gained significant traction globally after the COVID-19 pandemic exposed the fragility of highly optimized, globalized supply chains. For India, this coincided with the 'Atmanirbhar Bharat' initiative, leading to a concerted effort to diversify sourcing, boost domestic production, and engage in multilateral initiatives like SCRI to ensure raw material security and economic stability.
Involves identifying critical raw materials and their sources, assessing risks, and developing mitigation strategies.
Strategies include diversification of suppliers, domestic production, strategic stockpiling, and long-term procurement agreements.
Focus on reducing over-reliance on a single country or region for critical inputs.
Promoting local value addition and backward integration to reduce import dependence.
Developing robust logistics and infrastructure to ensure smooth flow of goods.
Collaboration with international partners through Supply Chain Resilience Initiative (SCRI).
The shift from Turkey to Oman for marble blocks is a direct example of diversifying sources for raw material security.
Crucial for sectors like manufacturing, electronics, pharmaceuticals, and energy.
Aims to prevent disruptions that can lead to production halts, price volatility, and job losses.
This mind map outlines the critical aspects of supply chain resilience and raw material security, their drivers, strategies, and relevance for India's economy.
Supply Chain Resilience & Raw Material Security
This timeline highlights key global events and policy responses that shaped India's focus on supply chain resilience and raw material security.
The concept of supply chain resilience gained significant traction globally after the COVID-19 pandemic exposed the fragility of highly optimized, globalized supply chains. For India, this coincided with the 'Atmanirbhar Bharat' initiative, leading to a concerted effort to diversify sourcing, boost domestic production, and engage in multilateral initiatives like SCRI to ensure raw material security and economic stability.
