📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Business
Commerce Secretary cites resilience, diversification as key to global trade growth
✍️ Asianet Newsable
🗓 25 Sep 2026, 03:16 AM
👁 12
The Commerce Secretary told Asianet Newsable that resilience and diversification are the main forces propelling global trade forward.
New Delhi – In an interview with Asianet Newsable, the Commerce Secretary emphasized that the twin pillars of resilience and diversification are driving the current expansion of global trade. He highlighted that economies worldwide are adapting to supply‑chain disruptions and shifting market demands by building more flexible and varied trade networks.
The official noted that such adaptability reduces dependence on single sources and enhances the ability of businesses to navigate geopolitical tensions and pandemic‑related challenges. By spreading risk across multiple partners and regions, countries can maintain steady export‑import flows even when individual markets face setbacks.
For India, the secretary said these trends align with ongoing policy measures aimed at broadening export baskets and strengthening ties with a wider set of trading partners. He underscored that fostering resilience and diversification will help the nation capture a larger share of global commerce in the years ahead.
The official noted that such adaptability reduces dependence on single sources and enhances the ability of businesses to navigate geopolitical tensions and pandemic‑related challenges. By spreading risk across multiple partners and regions, countries can maintain steady export‑import flows even when individual markets face setbacks.
For India, the secretary said these trends align with ongoing policy measures aimed at broadening export baskets and strengthening ties with a wider set of trading partners. He underscored that fostering resilience and diversification will help the nation capture a larger share of global commerce in the years ahead.