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Why India has to plan a marathon and not a sprint in attracting global supply chains

The Covid-19 pandemic has hit the global economy at an unprecedented scale and speed. Essential preventive measures led to the shutdown of offices, the stoppage of factory outputs, and disruption to global industries and their supply networks. Major industries including automotive, plastics and rubber, electronic equipment, pharmaceuticals, and medical equipment have been considerably affected. According to the World Bank, Global Value Chains (GVCs) are…


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