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PM Modi Highlights Weaponisation of Global Trade and Supply Chains Amid New Global Challenges
M
Moneycontrol•13-10-2026, 11:08
PM Modi Highlights Weaponisation of Global Trade and Supply Chains Amid New Global Challenges
- •Prime Minister Narendra Modi stated that the 21st century has brought unprecedented global challenges, noting that supply chains, energy, technology, and payment systems are increasingly being weaponised for geopolitical pressure.
- •He highlighted that globalisation roots have transformed into chokepoints, worsened by the global pandemic, regional wars, and obstacles to trade and energy supplies.
- •PM Modi emphasized that India aims to be a dependable global partner, asserting that the nation grows with the world and for the world rather than at anyone's expense.
- •He pointed to India's strong economic confidence and a banking system on its strongest footing in decades, while calling for greater international dialogue and mutual understanding.
Key Questions Answered
Prime Minister Narendra Modi stated that supply chains, energy, technology, critical minerals, and payment systems are increasingly being weaponised as instruments of geopolitical pressure.
PM Modi described India's banking system as being on its strongest footing in decades, comparing it favourably with banking systems in several other countries.
PM Modi highlighted that India supplied the world with the concept of zero without seeking recognition or royalties, reflecting an ideology centred on cooperation and shared progress.
