Uploaded on Aug 24, 2020
PPT on India Japan Australia Joint Supply Chain Initiative.
India Japan Australia Joint Supply Chain Initiative.
A JAPAN AUS
TRALIA
INDI AIN
JOINT SUPPLY
CH
INITIATIVE
INTRODUCTION
• Japan, India and Australia are moving towards a new trilateral
effort to ensure global supply chains.
• It will reduce dependence on China in the event of another
catastrophe like the corona virus occurring in the future.
Source: The Guardian
SUPPLY CHAIN INITIATIVE
• The Supply Chain Resilience Initiative was first proposed by Japan.
• The initiative aims to reduce the dependency in China. Japan is to
be joined by India and Australia.
Source: The Economic Times
AIM OF THE INITIATIVE
• The main aim of the initiative is to attract foreign direct
investment in the Indo-Pacific region.
• It also aims to turn the region to an economic powerhouse, also,
to build partner relationship between the countries in the region.
• The idea of SCRI has been thrown open to the ASEAN countries as
well.
Source: War on the Rocks
HIGHLIGHTS
• Japan had already approached the Indian Government about the
initiative.
• With the aggressive moves of China in the Line of Actual Control,
India is to join the initiative.
Source: The Economic Times
CHINESE POLITICAL BEHAVIOUR
• It is a direct response to companies that are concerned about
Chinese political behaviour and disruption to supply chain.
• The corona virus outbreak has brought to the diversification away
from trade and supply chain dependence on China for many
countries.
Source: Foreign Policy
SIGNIFICANCE
• With the initiative creating a rigid supply chain in the region, the
resilience across Indo-Pacific is to improve.
• The businesses now have started seeing India as a “hub for supply
chains”.
Source: The Economic Times
INDIA: A HUB FOR SUPPLY CHAINS
• Indian Government appears to have taken the call to become the
part of global supply chain and emerge as an alternative to China.
• PM Modi mentioned that the businesses are now seeing India as a
hub for Supply chains during his speech at the I-Day celebrations,
2020.
Source: Supply Chain
INDIA-JAPAN-AUSTRALIA
• Their geographic locations value the triangular approach to Indo-
Pacific Diplomacy.
• The trio’s steps in the Indo-Pacific took place countering China’s
actions.
Source: IAS Toppers
INDIA-JAPAN PARTNERSHIP
• India and Japan are building their new partnerships in the areas of
security, political and economic cooperation.
• There is convergence between Japan’s Free and Open Indo-Pacific
Strategy and India’s Act East Policy
Source: The Economic Times
INDIA-AUSTRALIA PARTNERSHIP
• India and Australia conduct anti-submarine warfare exercises. They
have also established strong people-to-people links
• Australia and Japan have joint ventures that identify India as key
third partner, especially those related to Indo-Pacific Region.
Source: The Economic Times
Comments