# Resilience Premium Justifies Strategic Investment

> PK Mishra argues economic resilience costs more but pays off in volatile times.
- Title: Resilience Premium Justifies Strategic Investment | Shortify
- Summary: PK Mishra argues economic resilience costs more but pays off in volatile times. India's strategic reserves and supplier diversification can offset global…
- Keywords: pk mishra, kautilya economic conclave, strategic reserves, supplier diversification, domestic capabilities, critical minerals, geopolitical risks, economic security, business, money, news, Resilience
- Source: Financialexpress — https://financialexpress.com/policy/economy/resilience-is-not-free-but-it-can-be-worth-the-premium-pk-mishra/4352929
- Author: FE Bureau
- Published: 2026-10-03T11:44:58+00:00
- Read time: 1 min
- Topics: pk mishra, kautilya economic conclave, strategic reserves, supplier diversification, domestic capabilities, critical minerals, geopolitical risks, economic security, business, money, news
## PK Mishra at Kautilya Economic Conclave
Principal Secretary to the Prime Minister PK Mishra spoke at the Kautilya Economic Conclave on October 3, 2026.

> Resilience is not free, but it can be worth the premium
## Geopolitical Disruptions Demand Resilience
Global conflicts and supply chain risks justify government investment in strategic reserves and domestic capabilities.
## Critical Minerals Add Vulnerability
Lithium, cobalt and rare earths extraction remains concentrated in few countries, raising supply chain concerns.
## India's Strategic Shift
India expanded crude oil imports from 27 to 43 countries while investing in renewable energy and nuclear power.
## Resilience Requires Productivity
Domestic manufacturing must become competitive, scalable and export-oriented to justify resilience costs.

> Resilience has to be accompanied by productivity
## Economic Security Balance
Countries need to balance openness with resilience through strategic reserves, supplier diversification and international partnerships.
## Key takeaway

India's strategic reserves and supplier diversification can offset global disruptions despite higher costs.