Kamal Ghorui
Whether it’s oil & gas or crucial inputs like gallium or cobalt, import restrictions/high prices rarely produce a complete breakdown. Because markets find alternatives. What’s scary is knowledge-based chokepoints. There’s no easy solution. That’s where GOI should focus
Every few months, a new article sounds an alarm that our adversaries control some material we had never heard of before.
Pattern is predictable. First comes the jaw-dropping statistic: Country X produces Y% of the world’s supply of Material Z. Then the breathless conclusion: our supply chains are vulnerable, we must act.
Govts oblige, with yet another industrial policy measure.
By the time it is operationalised, spotlight moves to the next, obscure chokepoint.
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