Industry body, Confederation of Indian Industries (CII) on Sunday proposed a blueprint for actions by industries in war induced disruptions. The blueprint has 12 points agenda:
- First, it suggested industry may work with Government in building strategic reserves and buffer mechanisms for critical raw materials, fuels and intermediate goods.
- Second, companies may endeavour to maintain price stability by ensuring that the benefits of stable fuel prices and moderated logistics costs are transmitted to end consumers and downstream partners.
- Third, companies may strengthen supply chain resilience by identifying alternative sourcing corridors, diversifying vendor bases and building calibrated inventory buffers for critical inputs.
- Fourth, firms may accelerate investments in energy transition, including renewables, green hydrogen and industrial energy efficiency.
- Fifth, wherever technically and commercially feasible, companies may explore switching from LPG to natural gas and other efficient energy options. This will support cost optimisation while contributing to a cleaner energy mix.
- Sixth, businesses operating institutional kitchens and large food services may adopt innovative approaches to reduce fuel intensity, including the use of electric or bio-based cooking solutions and optimised consumption practices.
- Seventh, companies may prioritise the protection of employment and livelihoods by using internal efficiencies and cost management to absorb temporary shocks, thereby supporting workforce stability.
- Eighth, larger firms may support MSME partners through faster payments, better credit terms and improved order visibility.
- Nineth, companies may enhance energy efficiency and operational optimisation across processes to reduce exposure to fuel cost volatility.
- Tenth, exporters and manufacturers may strengthen risk management practices, including logistics planning, insurance coverage and receivables management, to improve resilience in uncertain conditions.
- Eleventh, firms may invest in technology and data systems that improve supply chain visibility and operational flexibility, enabling quicker response to disruptions.
- And twelfth, companies may review procurement and contracting practices to build greater flexibility in sourcing, pricing and delivery timelines, thereby reducing vulnerability to sudden external shocks.
Complimenting the government for various measures Chandrajit Banerjee, Director General, of CII said “this is a moment for partnership.
The Government has created a strong enabling framework and industries can complement this by ensuring continuity, supporting smaller enterprises and maintaining confidence across the economy
Such a coordinated approach will help India navigate the present situation while strengthening long term resilience.”
Published on March 29, 2026