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    India and Vietnam: Pushing back the dragon

    2018-05-18T13:04:09+00:00February 9th, 2017|2017/2018, Emerging Markets, February 2017, Year|

    The comprehensive strategic partnership between New Delhi and Hanoi is playing an important role in ensuring balance of power in Asia

    Rarely, if ever, does India weigh heavily on the minds of foreign leaders when they meet their counterparts from third countries. But when Chinese President Xi Jinping recently met Communist Party of Vietnam’s General Secretary Nguyen Phu Trong in Beijing, seasoned observers could sense that New Delhi was the invisible elephant in the room.

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      India and China: It’s complicated

      2018-09-19T07:49:07+00:00February 9th, 2017|2017/2018, February 2017, India & China, Year|

      An assertive China presents Prime Minister Modi with his most intractable foreign policy challenge, but there are indications that Beijing may be getting a little edgy. Mahatma Gandhi had said of his adversaries: “First they ignore you, then they laugh at you, then they fight you, then you win.” Much to the chagrin of many in New Delhi’s policy circles who saw India as a counterweight to China, Beijing has, at least publicly, refused to treat India as an equal. [...]

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        Thinking out of the box: Reconfiguring the India-Pakistan-China Triangle

        2018-06-12T12:57:35+00:00February 9th, 2017|2017/2018, February 2017, India & China, Year|

        A foreign policy observer believes it is time for India to move towards a more flexible approach towards China. It has been suggested that New Delhi’s bid for membership of the Nuclear Suppliers Group (NSG) was an “extraordinary exercise in realpolitik”, that the Indian government under Prime Minister Narendra Modi “is not easily rattled by disapproving noises at home or abroad”. One analyst referring to China’s opposition put it rather colourfully that Beijing behaved “not as an enlightened power but [...]

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          Pharma sector makes its mark on the world

          2020-03-26T07:13:57+00:00February 9th, 2017|2017/2018, February 2017, Sector Focus/Pharma, Year|

          Some of India’s leading pharmaceutical majors made their mark with acquisitions in recent months.

          Aurobindo Pharma buys Portugal firm

          Aurobindo PharmaceuticalsAurobindo Pharma has announced the acquisition of Portugal’s Generis Farmaceutica SA.

          The Hyderabad-based company said a definitive agreement was signed by its step-down subsidiary, Agile Pharma, Netherlands. The acquisition will be from Magnum Capital Partners for an all-cash deal, the company said.

          It will include a manufacturing facility in Amadora, Portugal, which has the capacity to produce 1.2 billion tablets or capsules annually. After the acquisition, the Aurobindo Group will be the largest in the generic pharmaceutical market in Portugal, with a portfolio of 271 generic products.

          Generis has a wide portfolio of products, with a major share in therapeutic areas such as cardiovascular, central nervous system, anti-infective, and the genitourinary system.

          Aurobindo expects to complete the deal by next month, after the Portuguese Competition authorities clear the deal.

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            Post-Brexit UK will continue to attract Indian companies

            2018-08-06T13:39:18+00:00February 8th, 2017|2017/2018, February 2017, UK/EUROPE, Year|

            David Landsman is the Executive Director of Tata Limited and recently took charge as the Chair of the Confederation of Indian Industry (CII) India Business Forum (IBF) in the UK. He took time out for ‘India Global Business’ to talk about this new role, his wider perspective on post-Brexit India-UK ties and the need to address a decline in India’s exports to Britain. What does the post-Brexit era hold for Indian companies looking at UK/Europe for expansion? Over the past [...]

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              Digitalising enterprise operations for the world

              2018-05-18T13:04:10+00:00February 8th, 2017|2017/2018, February 2017, UK/EUROPE, Year|

              Delhi-headquartered logistics technology solutions company FarEye recently announced its foray into Europe as Belgium’s leading postal service, TBC Post, opted for its services. The CEO and co-founder tells ‘India Global Business’ what sets Indian tech solutions apart in the global marketplace.

              The FarEye logistics technology solution is unique in that it is a home-grown technology product and solution combination that has gained global acceptance in a short period of three years.

              Let me share what FarEye’s powerful mobile platform does. Our logistics technology solution digitalises enterprise operations by empowering field workforce. The solution includes intuitive dashboards that deliver real-time visibility to CXOs (corporate executives) to better serve their customers. This empowers the enterprises to build a competitive advantage by improving agility.

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                Indian firms on buying spree in the US

                2018-05-18T13:04:10+00:00February 8th, 2017|2017/2018, February 2017, The Americas, Year|

                The US remained among the key destinations for Indian companies on a global expansion spree.

                JSW Steel to restart US coal mining

                JSW SteelsJSW Steel plans to restart coking coal mining in the US, according to Indian media reports.

                JSW Steel owns nine coking coal mines with cumulative resources of 123 million tonnes at West Virginia in the US. These mines, which were acquired from a string of US-based companies in 2010, could not be developed due to a fall in coal prices following global financial crisis and the subsequent economic slowdown. Spot coking coal prices have more than trebled from $90 a tonne to $310 a tonne since July, on the back of strong demand from China and predictions of worst-ever cyclone in Australia.

                Seshagiri Rao, Joint Managing Director, JSW Steel, said: “We will restart coking coal mines in the US by March next year and then take up iron ore mining in Chile. We will not bring the coal to India but it will act as a financial hedge as we are largely dependent on imported coal to operate our plants in India.” International coking coal prices have gone up sharply because of Chinese imports.

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                  Improving India-China trade relations is key for Asian century

                  2018-08-01T12:20:45+00:00February 8th, 2017|2017/2018, December 2017, February 2017, India & China, India & The World, Year|

                  Asian equations, specially between the two giant economies of China and India will be in focus with the installation of Donald Trump as the 45th US president. Trump’s belligerent ‘America First’ foreign and commercial policy stance, will in all likelihood, force China to curb its manufactured goods exports to the US, with whom it has a whopping and patently unsustainable trade surplus of nearly half a trillion dollars! It is unlikely that even US MNCs, which have huge export bases [...]

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