New Delhi, Oct. 29 -- Chief Economic Advisor V Anantha Nageswaran on Thursday called for a shift in India's industrial strategy, saying support for domestic manufacturing must be linked to export competitiveness and the ability to match import prices, as global supply disruptions make access to critical resources increasingly uncertain.

Speaking at the ISID-IDRA Fourth National Conference during the inaugural session, Nageswaran said the country could no longer rely on markets to provide essential goods as smoothly as during the decades before the pandemic.

He said governments and industries must focus on building domestic capabilities and reducing dependence on supplies that could be restricted during geopolitical tensions.

"The 21st ...