Economic Survey: India Must Shift to 'Strategic Indispensability' Amid Global Shifts
Business
N
News18•29-01-2026, 16:42
Economic Survey: India Must Shift to 'Strategic Indispensability' Amid Global Shifts
- •The Economic Survey 2025-26 urges India to move from import substitution to 'strategic indispensability' in a fractured global order.
- •Authored by CEA V Anantha Nageswaran, the report highlights the need for India to be deeply embedded in global value chains.
- •Focus areas include semiconductors, with Rs 1.60 lakh crore investments, and task-specific AI to avoid an 'AI debt bomb'.
- •India needs a National Input Cost Reduction Strategy for critical minerals, essential amidst weaponized supply chains.
- •The survey calls for aggressive industrial policy and private sector R&D to bridge the 'strategic power gap' and secure trusted partnerships.
Why It Matters: India must become strategically indispensable in global value chains, focusing on key sectors and R&D for future growth.
✦
More like this
Loading more articles...
