India-US walk together for economic growth
Against the backdrop of Indian Prime Minister Narendra Modi’s visit to the US in June, here is a very brief snapshot of some of the recent trends in the India US economic ties over the past few weeks.
Dancing elephant, prowling dragon
Africa is the new battleground for India and China to carve out their influence. Besides a lucrative market and source of raw materials, the continent offers India strategic significance in the Indian Ocean. India Inc. Consulting Editor analyses if India is close to winning this game of catch-up.
Lord Marland – Leading the Commonwealth’s new business avatar
The organisation charged with promoting trade and investment between Commonwealth countries has had a turbulent history but it may have finally found its saviour in businessman and entrepreneur Jonathan Peter Marland, also known as Lord Marland of Odstock. Here we trace the journey of the Commonwealth Enterprise and Investment Council (CWEIC) and the promise it holds under Lord Marland’s stewardship. The Commonwealth Heads of Government Meeting (CHOGM) in Edinburgh in 1997 had mandated the creation of the Commonwealth Business Council [...]
Reasons why India is the pharmacy to the world
The life-saving role played by Indian pharmaceutical firms in poorer countries of Africa is one of the real global success stories of our time. The year: 2001. Africa was facing a major health crisis. Sub-Saharan Africa alone had 22.5 million HIV-positive people. The disease was assuming epidemic proportions. The price of patented drugs supplied by western drug companies was a prohibitive $10,000 per patient per year – way out of reach of the average patient. Enter Cipla, an Indian pharmaceutical [...]
Money Matters: How EXIM Bank helped India make a mark in Africa
The Export Import (EXIM) Bank of India has had a robust presence in countries in the African continent, which it sees a critical component of its strategy to promote and support two-way trade and investment. It described itself as a partner institution to promote economic development in Africa. Here we trace its backing for Indian companies in the region. EXIM India actively promotes and finances Indian companies to execute their projects in Africa. As on March 2015, EXIM India supported [...]
Sealing the deal for India-US engagement
As Prime Minister Modi plans his latest visit to the US, a Washington D.C. based Indian industry expert lays out the groundwork for the next chapter in the India-US relationship. Since May 2014, Prime Minister Narendra Modi and President Obama have met six times. Three times in the US, once in India and twice at other multilateral dialogues like COP 21 and the 2015 UN General Assembly. June 2016 will witness another meeting between POTUS [President of the United States] [...]
Is Obama set to become India’s roving ambassador?
Prime Minister Narendra Modi’s visit to the US in June will have as much to do with strengthening the ties forged during Barack Obama’s presidency as it will have with setting the stage for doing business with the new President who will take office in the US at the end of the year. In what some foreign policy analysts called “unprecedented”, Modi will not only address a joint meeting of the US Congress but also be the guest of honour [...]
The 100% African, 100% Indian formula of success
Naushad Merali is one of the most successful entrepreneurs in East Africa. The Kenyan-born Gujarati takes pride in his Indian roots and has a knack for striking deals that saw him make a success of a string of businesses, from telecom to tea. He chairs the Sameer Group, a Kenyan conglomerate active in agriculture, construction, information technology, property and finance. ‘India Global Business’ caught up with him to explore his unique touch of turning around loss-making ventures into success stories [...]
India makes a play across sectors in Africa
Indian companies have been fairly active in the African continents, which offers the country an extremely lucrative market. Given China’s head-start in the region, India’s state-owned enterprise interest in Africa is long-overdue. Here are just some recent snapshots of the India-Africa story.
Making a mark in the neighbourhood
Indian companies remained active in the nascent Asia-Pacific market, with deals being struck from energy to automotive. Here is a brief look at some of the countries and sectors covered in recent weeks.