Skip to playerSkip to main content
  • 6 months ago
New Delhi, July 06, 2025(ANI): Confederation of Indian Industry (CII) President Rajiv Memani said, "Supply chain resilience has become a big issue from COVID times. This is most visible and impactful in the rare minerals sector. There is no short-term fix to this. The industry and the government must partner to address this issue. They should examine each sector where supply chain dependence is high and implement a product-led strategy... It needs to be done urgently because these situations can recur..."

Category

🗞
News
Transcript
00:00Rare Minerals is one where I think it's been probably most visible, most impactful that has happened.
00:06There is no short-term fix on this. It's a long-term solution.
00:10Industry and government have to partner, participate in this together.
00:14In each of the sectors where supply chain's dependence is very high on a country or on a few countries,
00:21there I think we need to have a product-led strategy.
00:23I think it needs to be done on a very urgent basis
00:26because these kinds of situations are likely to reoccur.
00:30How do India deal with the sorting of Rare Minerals?
00:35I think that supply chain resilience right from the COVID times has become a big issue.
00:43Rare Minerals is one where I think it's been probably most visible, most impactful that has happened.
00:50I think there is no short-term fix on this. It's a long-term solution.
00:54Industry and government have to partner, participate in this together
00:59and see how in each of the sectors where supply chain's dependence is very high on a country or on a few countries,
01:08there I think we need to have a product-led strategy.
01:11What are the minerals that are required for that?
01:14What is the technology that's required for that?
01:17What is the policy support or financial support that that industry or sector needs?
01:24But I think it needs to be done on a very urgent basis
01:27because these kinds of situations are likely to reoccur more and more going forward.
01:33And there are no short-term solutions for this.
01:35Most of the solutions on this are more medium-term to long-term.
01:38So there has to be a sense of urgency with which we move on this one.
Be the first to comment
Add your comment

Recommended