Shifting Global Supply Chains: A Shift towards Security

• COVID-19 pandemic has shifted focus from efficiency to resilience in global supply chains.
• US proposed rules prohibiting import or sale of connected vehicle systems from entities with a nexus to the PRC or Russia.
• US case against Chinese connected car tech based on potential misuse of hardware and software components.
• Israeli supply chain attack on pagers and walkie-talkies in Lebanon reignited supply chain security debate.
• Supply chain security concerns have spread to other tech industries like semiconductors.
• Shift from “just in time” to “just in case” influenced by U.S.-China rivalry, technology decoupling, and COVID-19.
• India can ensure supply chains security through a two-pronged approach: “just to be secure” through “trust but verify” and “zero trust.”