India needs diversified energy routes, wider trade partnerships amid geopolitical risks: Economist
New Delhi, Sept. 25 -- India needs to diversify its energy supply routes and broaden trade partnerships across Europe, Asia and Southeast Asia as geopolitical conflicts expose vulnerabilities in concentrated supply chains and reliance on a limited set of major economic partners, economist Kent Oliver Bhupathi said.
Speaking to ANI on the sidelines of PAFI's 13th Annual Forum, Bhupathi said India's dependence on international supply chains for LPG and oil makes it important to diversify both its energy sources and the routes through which supplies enter the country.
"India should really focus on its supply chain networks," Bhupathi said, adding that the country needs to diversify its pipelines and ports of entry as it does not produce en...
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