India, Japan, Australia to launch Supply Chain Resilience Initiative(SCRI)

News: India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative(SCRI) to reduce the dependency on China. Facts: SCRI: The aim of the initiative is to attract foreign direct investment to turn the Indo-Pacific region into an economic powerhouse and to build mutually complementary relationships among partner countries. Significance:. The… Continue reading India, Japan, Australia to launch Supply Chain Resilience Initiative(SCRI)