Nishtha Agarwal
Nitin Seth
Dr. Ashish Agarwal
Abstract
As China’s position in the market weakens due to coronavirus disease, supply chain managers around the world are looking for alternatives to safeguard their businesses. India with its strategic location, infrastructure and growing economy poses as a great option. There are several sectors in India which are performing exceptionally well and can tap into the opportunity and showcase their prowess in stabilizing the disruptions caused in the global supply chains. However, to cater to the global demands, these sectors need more development which in turn requires investments from the government. The challenge of limited resources at hand, which sector should the Indian government prioritize in the near future is a problem with which it grapples. The present study aims at creating a decision-making framework using Analytical Hierarchy Process (AHP) to solve this problem. The three-layer AHP framework, through pairwise comparisons, aims at identifying the sector which the government should focus its investments upon based upon various performance parameters. The AHP framework suggests pharmaceutical as the most preferred alternative sector amongst all. Chemical and agriculture come the next best alternatives after pharmaceutical. The managerial implications and future scope of the study are discussed in the paper.Keywords- Supply chain management, resilience, disruptions, coronavirus