India Inc Faces Pressure to Reduce Import Dependence Amid Global Supply Chain Shifts
Former Central Board of Indirect Taxes and Customs (CBIC) Chairman Najib Shah has issued a clarion call to India Inc, urging domestic corporations to aggressively reduce import dependence to secure the nation’s economic resilience. Writing this week, Shah emphasized that private sector investment in domestic research and development, combined with strategic localization, is essential for…