A Supply Chain Council (SCC) has been established under the Supply Chain Resilience Agreement, a key aspect of the Indo-Pacific Economic Framework for Prosperity (IPEF), aiming to strengthen global supply chain stability. The United States has taken the role of Chair, while India serves as Vice-Chair, reinforcing the strategic partnership between the two countries. The SCC focuses on key sectors like semiconductors, critical minerals, and healthcare to address global vulnerabilities.

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• A Supply Chain Council (SCC) has been formed under the Indo-Pacific Economic Framework for Prosperity (IPEF).
• The United States will chair the SCC, with India as Vice-Chair.
• The Supply Chain Resilience Agreement, effective from February 24, 2024, focuses on supply chain stability in key sectors.
• The IPEF includes 14 countries, representing around 40% of global GDP and 28% of global trade.
• The first SCC meeting was held in Washington in September 2024, laying out action plans for critical sectors.
• India is leading efforts in healthcare and pharmaceuticals to improve global supply chains.
• Two sub-committees have been created: one for logistics and movement of goods, and another for data analytics.
• India also participated in the inaugural Crisis Response Network meeting in September 2024.
• The Crisis Response Network aims to improve coordination and response times during supply chain disruptions.
• The initiative aims to boost resilience in sectors critical for national security, economic stability, and public health.