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The Economic Times
The Economic Times

Economic resilience cannot mean global insulation; domestic production "may cost more": Principal Secy to PM

New Delhi: India's push for economic resilience should not mean insulating itself from global markets, said PK Mishra, Principal Secretary to the Prime Minister, highlighting that domestic production may be costlier than sourcing from the cheapest global markets.

Addressing the 5th Kautilya Economic Conclave, Mishra said the benefits of building domestic capacity become evident during periods of disruption.

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