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Industry ignoring vulnerabilities in supply chain, rues Goyal

Financial Express Chandigarh

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December 04, 2025

COMMERCE AND INDUSTRY Minister Piyush Goyal on Thursday expressed concerns over the lack of urgency among the industry in identifying and plugging vulnerabilities in their supply chains at a time when the world has seen weaponisation of trade.

- MUKESH JAGOTA

“I still don't see that sense of urgency when people are assessing their supply chain to see where the concentration of a geography or a supplier can hurt their long-term survival. And such areas of concern, if we can identify them quickly, if we can plug them quickly, will be essential in our long-term strategies to survive and then to grow,’ the minister said at the CII IndiaEdge 2025.

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INDIAN BANK ON Thursday reported a 7.3% year-on-year rise in its net profit for the December quarter to $3,061 crore, owing to lower provisions and an improvement in the asset quality.

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