Where would Apple, IBM, Cisco be if they'd not sourced talent, asks RBI Guv

Share prices of the most efficient corporations are where they are because of global supply chains

Cautioning against protectionism, RBI Governor Urjit Patel on Monday said where would giant American corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from across the world. 

“I don’t think that we have heard the last word on US policy talk about this because there is a push back internationally that the world has benefited from an open trading system,” the Reserve Bank of India (RBI) governor said after delivering a lecture in New York.

 He made the remarks in response to a question on the rise of protectionist tendencies in major