PK Mishra Urges India to Balance Economic Resilience with Global Openness
PK Mishra stressed that India's economic resilience should not lead to global insulation. He pointed out that domestic production can be costlier than imports, necessitating improved risk assessment. Due to economic uncertainties, businesses are delaying investments and diversifying suppliers. Mishra emphasized that strengthening domestic capabilities should prioritize competitiveness over just replacing imports.
Economic Times·



