Global supply chain with less dependence on China to be positive outcome of COVID-19: Mahindra

Image
Press Trust of India New Delhi
Last Updated : Apr 18 2020 | 9:16 PM IST

Mahindra Group Chairman Anand Mahindra on Saturday said a truly diversified, global supply chain with less dependence on China will be one of the positive outcomes of the coronavirus pandemic.

Mahindra, who earlier criticised sub-standard masks and testing kits sent by China, said India must fight hard to become a major node in global supply chain.

"Yes, I said that because I believe that a truly diversified, global supply chain with less dependence on China will be one of the positive outcomes of this crisis," he said in a tweet in response to a follower's comment.

Mahindra had asserted that what many had thought to be a global supply chain was indeed a Chinese supply chain and the quest for global supply chains independent of Beijing needs to go further and deeper.

"India must fight hard to become a major node in the world's new supply chain," he said in the tweet.

Earlier, Mahindra criticised China, which he said "is already under siege as the source of COVID-19".

"Now, some of the masks and testing kits sent by them as humanitarian initiatives are apparently sub-standard. It must do more stringent checks on these shipments, or it will only accelerate its 'social distance' from the world," he had said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 18 2020 | 9:16 PM IST

Next Story