India highlights need to diversify partnerships for global resilience

India's Finance Minister Nirmala Sitharaman addressed the 5th Kautilya Economic Conclave in New Delhi on Saturday, underlining a number of priorities for coming decades in view of global uncertainty.

The Minister said that a more resilient global economy will require countries to diversify partnership and work together to keep the movement of goods, services and energy and capital as stable and predictable as possible. He also emphasized that private investment must lead the cycle, adding that scale of investment and private sector participation is essential to strengthening innovation capacity.