Global Edition – November 2018

///Global Edition – November 2018

A Statue of Unity for a modern India

2018-12-12T08:23:10+00:00November 23rd, 2018|2017/2018, Global Edition – November 2018|

It is time the world got to learn a little more about the contribution of Sardar Patel in setting India on the path of today’s economic growth trajectory, writes India Inc. Founder & CEO Manoj Ladwa. India is the toast of global investors. A 1.3 billion-strong nation with a $2.5 trillion economy growing at more than 7 per annum, the fastest growth rate among major economies, is drawing foreign investments by the bucketful. It could have been a very different [...]

Chopstick Diplomacy: Decoding the Modi-Abe equation

2018-11-23T13:32:30+00:00November 16th, 2018|2017/2018, Global Edition – November 2018, Home Page|

The Modi-Abe chemistry can translate into a great partnership model of global economic and strategic cooperation, writes India Inc. Founder & CEO Manoj Ladwa. It was Shinzo Abe who, in his first term as Japan’s Prime Minister, had suggested an “Arc of Democracy” from Japan to India as the defining feature of the new global architecture in the 21st century. Though he didn’t say it in so many words, most geo-political experts interpreted this as some sort of a still-not-fully-defined [...]

India-Japan: Convergence at the top but…

2018-11-19T08:17:16+00:00November 16th, 2018|2017/2018, Global Edition – November 2018, Home Page|

India and Japan are on the same page on the Indo-Pacific, security, economic cooperation and on the need to cooperate on developing infrastructure across Asia and Africa in order to provide a counterweight to China. They now have to find a way of translating this convergence of goals into brick and mortar projects that actually make a difference on the ground. Japan has emerged as India’s closest strategic and economic partner over the last couple of decades. The close personal [...]

Can Saudi Arabia solve India’s oil conundrum?

2018-11-16T10:39:26+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

As the Donald Trump administration’s deadline for Iran sanctions beckons, India must find alternatives for its crude oil needs fast. In the last few months, there have been hectic parleys in the diplomatic channels between India and Saudi Arabia. The topic is an obvious one — crude oil. The decision by the Trump administration in the US to unilaterally withdraw from the Iran nuclear deal of 2015 in May earlier this year and re-impose sanctions on Tehran, and any country [...]

The BRICS, their bank and beyond

2018-11-16T10:41:07+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

A strategic expert traces the origins of what brought Brazil, Russia, India, China and South Africa together and what the future holds for these emerging economies of the world. Not too long ago, just about when the BRICS – Brazil, Russia, India, China, South Africa – group started with their first formal meetings and summits (the first of which took place in 2009),the standard line in leading Western publications was that this was an artificial construct, made up of disparate [...]

Himachal Pradesh: Favoured by Gods and industry

2018-12-07T11:55:53+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

The northern Indian state of Himachal Pradesh, which is often called the Land of the Gods, has, in recent times attracted several big names in Indian and global industry such as Nestle, Statkraft, Adani, Ranbaxy and Dabur. A proactive government, single-window clearances and easy procedures are driving this rush of investments in this hitherto agrarian state. Amid reports that a mega investment summit in Himachal Pradesh may have to be postponed because it is clashing with the winter session of [...]

The International Solar Alliance: From promise to action

2018-11-19T08:17:29+00:00November 16th, 2018|2017/2018, Global Edition – November 2018, Home Page|

A sector expert highlights that the Indian experience of significantly driving down solar prices by offering a large aggregated market to manufacturers has lessons that can yield cost benefits to ISA member countries too. As countries around the world prepare for the upcoming climate negotiations in Katowice in December 2018, much of the focus will be on determining a rulebook to action the agreement reached in Paris in 2015. As negotiators focus on the means to realise the objective of [...]

Maldives offers itself as a solution to a ‘brewing India-China cold war’

2018-11-16T10:43:19+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

As Mohamed Nasheed makes a somewhat triumphant return from exile to the Maldives, the former President and democracy champion vows not to play India and China against one another. The former President of the Maldives, Mohamed Nasheed, sees the island nation as a “solution” to South Asia’s security issues and what he describes as a “brewing cold war” between the two major powers of the region – India and China. In an address just before he left his base while [...]

Peru reaches out to Indian companies

2018-11-16T10:27:41+00:00November 16th, 2018|2017/2018, Global Edition – November 2018|

An investment promotion expert for the South American country highlights why a free trade agreement with India will prove beneficial to both economies. Peru has an investment grade rating, the second highest in Latin America, from the three main agencies (S&P, Moodys and Fitch) and has managed to break the common false dichotomy that high growth tends to accompany inflationary pressures by presenting the highest economic growth and lowest inflation rates in the region over the last two decades. In [...]

Indian car market poised to drive past Germany

2018-11-19T08:17:23+00:00November 16th, 2018|2017/2018, Global Edition – November 2018, Home Page|

Bernhard Mattes is the President of the German Association of the Automotive Industry (VDA) – a representative body for the country’s auto manufacturers and component suppliers. In this interview with ‘India Global Business’, he addresses a range of issues from the sluggish India-EU free trade agreement talks to the scope for Indian suppliers to expand into the region. What is the kind of impact you foresee Brexit having on India-EU ties? Brexit is a topic we are viewing with great [...]