India is drawing up a long-term strategy spanning up to 25 years to reduce its dependence on foreign countries for critical technologies, as geopolitical tensions, shifting trade policies and disruptions to global supply chains force governments to rethink their technological vulnerabilities, Union Minister Ashwini Vaishnaw said.
Speaking at the Bloomberg New Economy Forum, Vaishnaw said New Delhi was identifying technologies and components where excessive reliance on overseas suppliers could expose India's economy and manufacturing sector to external shocks.