Business Blog: Yellen: India indispensable for friendshoring

Sunday, July 16, 2023

Yellen: India indispensable for friendshoring

The US sees India as an “indispensable partner” for friend-shoring as part of the overall “derisking strategy” for the American supply chain, said US treasury secretary Janet Yellen said on Sunday. “Friend-shoring is an important foundation of our approach to increasing the resilience of our supply chains, and we see India as an indispensable partner in that."

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GHUu0hV
via IFTTT
at
Labels: , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

India extends coal import mandate for power to avoid blackouts

India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...