Look for alternate sources of supplies, Ficci tells members

| | New Delhi
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Look for alternate sources of supplies, Ficci tells members

Saturday, 27 June 2020 | PTI | New Delhi

Amid the ongoing border tensions with China, industry chamber Ficci on Friday asked its members to look for alternate sources of supplies and not remain dependent on a single nation.

“We have been standing shoulder to shoulder with the Government in dealing with the situation and have been sharing with you our inputs and responses to the Government.

“Ficci and its members have been supporting all the steps taken by the Government in handling the standoff at Galwan valley, and will continue to support,” Ficci President Sangita Reddy said in a letter to members on the India-China standoff and the industry’s action plan.

Reddy said “while measures have been taken at the government level, it is equally important that industry also takes some actions to strengthen the government’s hand in putting ‘India first’.”

She added the industry needs to focus on the five-point ‘PEACE’ action plan — Productivity, Efficiency, Alternates, Competitiveness and Exports.  

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