India's role within the ITSI will start with a "comprehensive assessment" of the country's semiconductor industry, and what it needs for expansion efforts.
In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.
Nearly half of respondents (47%) believe the primary benefit to having a more diversified supply chain is reducing the risk of disruption from various events such as natural disasters.
Businesses are increasingly recognizing the need to integrate sustainability standards required by national laws deep within their international supply chains.