Global turbulence to rise in coming years from AI, debt risks: Vaishnaw
Warning of heightened global turbulence in the coming years from tech disruptions, artificial intelligence and financial risks, Union Minister Ashwini Vaishnaw on Wednesday said India is strengthening its economic and technological resilience to shield its growth from external shocks.
Speaking at the Bloomberg New Economy Forum 2026, Vaishnaw -- who is Minister for Electronics and IT, Information and Broadcasting and Railways -- said global technology supply chains would continue to span multiple countries and geographies, but companies and governments would need to repeatedly evaluate their partners and ensure that dependence on a particular country or company did not compromise resilience.
Technology will remain a highly globalised field, he emphasised, adding that global value chains will be multi-border, multi-country, and multi-geography, reflecting the nature of the industry itself.
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