‘Fluctuations in trade policies challenge for global supply chains’

Nikhil Agarwal, President, CJ Darcl Logistics highlights, “Fluctuations in global trade policy is a challenge for global supply chains. The implementation of trade barriers, such as tariffs and quotas, disrupts the flow of goods, leading to delays, increased costs, and uncertainty in sourcing essential materials. Businesses must navigate this dynamic landscape by employing responses, such as diversifying supplier base or reshoring production, to mitigate these disruptions. India’s integration with export control exemplifies the complex interplay between national policies and the global trade environment. We, at CJ Darcl, believe that these policy changes can exert a broader influence on market dynamics, impacting factors such as industry competitiveness, consumer behavior, and the configuration of global value chains. To successfully navigate this evolving environment, businesses require a commitment to continuous monitoring of policy developments, proactive adaptation of strategies, driving resilience in the face of change.”