Analyze how the Supply Chain Resilience Initiative (SCRI) between Australia, Japan, and India has helped to strengthen and diversify supply networks in the face of geopolitical unrest. Talk about the economic and strategic justifications for this trilateral collaboration.
The unfolding of the Covid-19 pandemic and the aftermath of it has brought to the fore, the unprecedented impact of vulnerabilities and gaps in the global supply chain.In a bid to deal with this, the Supply Chain Resilience Initiative by India-Japan-Australia was formally launched in a virtually held trilateral ministerial meeting in 2021.
Objectives of SCRI:-
Strategic/Economic rationale behind the SCRI initiative:-
Although the SCRI sounds promising having a holistic and extensive plan to move forward is the need of the hour.