<p>New Delhi: India's growing weight will ensure that the overall balance in the world order remains in favour of freedom, openness, transparency and a rules-based order, External Affairs Minister S Jaishankar said on Friday.</p><p>In a virtual address at the Nikkei Asia Future of Asia Forum, he said the challenge of supply chain and the use of economic coercion by states have put a premium on resilience, in comments that came amid China's attempt to become an economic hegemon.</p><p>Jaishankar said the world is undergoing a flux, driven by geopolitical, geo-economic and geo-technological developments and that the global order today is visibly under stress, with Asia and the Indo-Pacific very much part of this transformation.</p>.Choice for people is whether 'gaadi of Bharat' should go on higher or reverse gear, says Jaishankar.<p>"But it is not just change we are seeing; there is also much greater risk-taking. It is visible in the conflict in Ukraine, in violence in the Middle East and the disregard for international law and agreements in Asia and the Indo-Pacific," he said.</p><p>"This has economic facets, perhaps even more concerning. The supply chain challenge, over-concentrations stemming from globalization and the use of economic coercion by states have put a premium on resilience and redundancy," he said.</p><p>The minister said equally important is the technology challenge that has created a new level of inter-penetration and interdependence. "As a result, the era of AI, EVs (electric vehicles), green and clean technologies have brought both hope and anxiety in equal measure."</p><p>"As both market shares and data harnessing are leveraged, national security has become crucial to many economic transactions," he said.</p>.<p>Jaishankar said the transformation of India is critical to strengthening multipolarity in Asia itself, which is a prerequisite for a multipolar world.</p><p>"India's growing weight will ensure that the overall balance in the world order remains in favour of freedom, openness, transparency and a rules-based order," he said.</p><p>"Equally, its greater sense of responsibility and more contributions are also making a difference. Indian naval ships are currently operating in the Red Sea to protect maritime shipping," he noted.</p><p>"India has been a First Responder for natural disasters across the Indian Ocean, sometimes even beyond. Its initiatives ranging from solar energy to disaster resilience and bio-diversity have been recognised across the world," he said. </p>
<p>New Delhi: India's growing weight will ensure that the overall balance in the world order remains in favour of freedom, openness, transparency and a rules-based order, External Affairs Minister S Jaishankar said on Friday.</p><p>In a virtual address at the Nikkei Asia Future of Asia Forum, he said the challenge of supply chain and the use of economic coercion by states have put a premium on resilience, in comments that came amid China's attempt to become an economic hegemon.</p><p>Jaishankar said the world is undergoing a flux, driven by geopolitical, geo-economic and geo-technological developments and that the global order today is visibly under stress, with Asia and the Indo-Pacific very much part of this transformation.</p>.Choice for people is whether 'gaadi of Bharat' should go on higher or reverse gear, says Jaishankar.<p>"But it is not just change we are seeing; there is also much greater risk-taking. It is visible in the conflict in Ukraine, in violence in the Middle East and the disregard for international law and agreements in Asia and the Indo-Pacific," he said.</p><p>"This has economic facets, perhaps even more concerning. The supply chain challenge, over-concentrations stemming from globalization and the use of economic coercion by states have put a premium on resilience and redundancy," he said.</p><p>The minister said equally important is the technology challenge that has created a new level of inter-penetration and interdependence. "As a result, the era of AI, EVs (electric vehicles), green and clean technologies have brought both hope and anxiety in equal measure."</p><p>"As both market shares and data harnessing are leveraged, national security has become crucial to many economic transactions," he said.</p>.<p>Jaishankar said the transformation of India is critical to strengthening multipolarity in Asia itself, which is a prerequisite for a multipolar world.</p><p>"India's growing weight will ensure that the overall balance in the world order remains in favour of freedom, openness, transparency and a rules-based order," he said.</p><p>"Equally, its greater sense of responsibility and more contributions are also making a difference. Indian naval ships are currently operating in the Red Sea to protect maritime shipping," he noted.</p><p>"India has been a First Responder for natural disasters across the Indian Ocean, sometimes even beyond. Its initiatives ranging from solar energy to disaster resilience and bio-diversity have been recognised across the world," he said. </p>