Global green growth conundrum

Green growth is the overarching theme across the world and India is no exception, but the trend towards deglobalisation is throwing a spanner in the works

Every country is assiduously wooing investment in manufacturing. Each country wants to have security of supply of all things critical — energy, technology, metals, minerals, computer chips, food. There is a whole “buy local” wave that rides on a “make at home” initiative. The new world order that emerges following these changes may look very different from what we are familiar with.

Apple Inc, for example, has 703 suppliers from multiple countries, as well as 390 customers, according to Bloomberg’s supply chain analysis. The number of suppliers for Samsung Electronics is even higher, at 965. Tesla has 298 suppliers, while Canadian