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Home >News >India >Industry owes it to people to create supply chains at home: Jaishankar

Industry owes it to people to create supply chains at home: Jaishankar

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Foreign minister S. Jaishankar.

  • He said he was in touch with other countries to urge them to keep supply chains open to India for making vaccines

NEW DELHI : New Delhi: The industry should build a strong partnership with the government to fulfil national development goals, including the creation of jobs and a secure national economic base, foreign minister S. Jaishankar said on Monday.

New Delhi: The industry should build a strong partnership with the government to fulfil national development goals, including the creation of jobs and a secure national economic base, foreign minister S. Jaishankar said on Monday.

The central assumption of Atmanirbhar Bharat is to have “human-centric or employment-centric growth", Jaishankar told the national leadership conclave of the All India Management Association.

The central assumption of Atmanirbhar Bharat is to have “human-centric or employment-centric growth", Jaishankar told the national leadership conclave of the All India Management Association.

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“This is a moment to reflect on how we should build deeper strengths and capacities, which would allow us to face these kind of storms in the future," he said, against the backdrop of India grappling with a stretched health infra amid a second covid wave.

India had been too dependent on global supply chains, the minister said and pointed out that Indian companies were fixated on bottom lines.

“I hope as a country, as an economy, as an industry, all of us take that as a message that we need to build very much stronger and very much deeper at home," he said.

“We need today manufacturing expansion at home, services growth at home, transformed agriculture, most of all a kind of economic mentality that does not say I will look after my bottom lines. I am prepared to integrate supply chains from abroad, I don’t care what happens to my people and smaller enterprises at home," the minister said in a strong message to Indian industry.

“I do think Indian industry owes it to India and Indian people to create supply chains at home," he said.

Taking on critics who had slammed the government for exporting vaccines, he said he was in touch with big countries to persuade them to keep their supply chains of ingredients open to India for the manufacture of vaccines. Against this backdrop, India cannot say that finished goods such as vaccines made in India would not be sent out for common good. One of the vaccines that India was mass producing was developed internationally, Jaishankar said.

At present, given the spike in cases at home, India had explained to the world that the country needed vaccines produced at home, which was understood, he said.

Also on Monday, Jaishankar spoke to his US counterpart Antony Blinken on Afghanistan, the agenda of the UNSC, which India joined as a non-permanent member on 1 January and health cooperation.

“Spoke to my US counterpart Secretary of State @SecBlinken this evening. Conversation covered recent developments in India’s immediate and extended neighbourhood. Exchanged views on the UNSC agenda. Also discussed issues pertaining to our health cooperation," the minister tweeted.

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