India must build strategic buffers amid US ties, energy challenges: CEA

India faces mounting pressure from shifting international relationships and energy security concerns that could constrain economic growth, according to the nation's top economic policymaker. Chief Economic Adviser V Anantha Nageswaran flagged the evolving dynamics of US-India relations and volatile global energy markets as key risks that require careful navigation through strategic planning and diversified partnerships.

The CEA stressed that India must avoid being forced into choosing between competing global power blocs, a position that would limit its policy flexibility and economic options. Instead, he advocated for building robust strategic buffers—mechanisms and partnerships designed to insulate the Indian economy from external shocks and geopolitical pressures.

A critical element of this strategy involves expanding partnerships with foreign technology firms, which Nageswaran identified as essential for maintaining economic momentum and reducing dependence on any single country or bloc. Such collaborations would enable India to access cutting-edge technologies while preserving strategic autonomy in an increasingly multipolar world.

The remarks underscore New Delhi's broader foreign policy approach of strategic autonomy, emphasizing that India's economic interests are best served through balanced, pragmatic engagement with multiple partners rather than alignment with any particular geopolitical camp. Energy security remains a particular concern given India's import dependence and vulnerability to supply disruptions, making diversification of sources and partnerships crucial for sustained economic development.