Luring manufacturing from the dragon’s den
India needs to improve infrastructure and address investor concerns over high taxes in order to attract global manufacturing companies that are looking for alternatives to China.
The unveiling of Amit Shah
This week witnessed Amit Shah’s dramatic dominance on India’s political landscape. His unveiling will have wide global implications. It’s time for the world to take note, writes India Inc. Founder & CEO Manoj Ladwa. A little more than five years ago, when Narendra Modi stormed to power in New Delhi for the first time, Amit Shah was a bit of an unknown quantity to most Indians, barring those from their home state of Gujarat. There was curiosity about the man people [...]
India gets caught up in an Iran-West crossfire
The Indian crew members of oil tankers being held hostage in a tit-for-tat battle between Iran and the West could force a rethink of India’s own outlook towards Tehran. Over 40 Indian crew members have been caught up in the rising tensions between Iran and the West, with the Strait of Hormuz in the Gulf as the scene of the latest standoff. It began with the local police in Gibraltar, a British Overseas Territory on the Spanish coast, confirming that [...]
Does India’s resources sector offer an opportunity for Australian miners?
Australia can play a significant role in India’s growth story, not only as a resource supplier, but also as an enabler, helping India modernise its mining sector and improve efficiency, writes an expert on India- Australia relations. The Australian government’s release of the ‘India Economic Strategy, 2035’ (IES2035) last year came as a relief to those with concerns that Australia might be falling behind in according India a higher priority. The document lays down Australia’s vision for capturing the opportunities [...]
Digital economy boom is empowering SMEs in India
E-commerce has provided a plethora of unexplored possibilities for sellers to expand their business and scale greater heights, writes an Amazon India expert. One of the best parts of my job is that I get to travel across India quite frequently. Wherever I go I am struck by the fact that it is small businesses that are at the heart of the communities there. It is not a stretch to say that small businesses keep the giant Indian economy humming. [...]
Digital India aims to blend the digital and physical worlds by uniting people, services, and devices
Som Satsangi is the Vice President and Managing Director of Hewlett Packard Enterprise in India. In this interview with ‘India Global Business’, he weighs up what makes India an attractive R&D base, the impact of Digital India alongside Make in India and HPE’s plans to invest $500mn in the country. What makes India an attractive R&D base in the context of plans for a new HPE campus? India’s highly skilled talent pool plays a critical role in the growth of [...]
The Yogi’s mission impossible for Uttar Pradesh
The north Indian state of Uttar Pradesh wants to be the country's first state worth a trillion dollar economy but it won’tbe a cakewalk. Yogi Adityanath, the firebrand chief minister of Uttar Pradesh, India’s most populous state, created a flutter on July 9 when he exhorted a group of local businessmen to aim for a $1 trillion economy for the state over the next five years. An astute politician on socio-political issues, Adityanath is not known for his knowledge on [...]
The vexing issue of the Indian Sovereign Bonds
The Finance Minister of India, Nirmala Sitharaman, in her maiden budget speech announced that India would issue its first international Sovereign Bond. Above the din of sound bytes and criticism that has followed, two investment experts decipher what this really means for the Indian economy. Will they, or Won’t they? Should We, or Shouldn’t we? Global investors have been asking themselves the first question and various agencies of Government of India have been asking the second. The Finance Minister of [...]
Using design thinking for integrated development issues
The MD and CEO of Siemens India expands on how the company’s Project Asha is addressing the severe development deficit in rural India. Mokhada Block, Palghar district, Maharashtra, a complete tribal belt is around 130 kilometers north of India’s financial capital Mumbai. The nearest town is Wada, 27 kilometers away. The village lacked basic amenities that city-dwellers take for granted. Every year, during monsoon, most of the villages in Mokhada would be cut off from the rest of the world [...]
A future IMF chief from India can redress many global imbalances
As Christine Lagarde makes way for a new Managing Director of the International Monetary Fund (IMF), the need to look beyond the traditional breeding grounds to find her successor became all the more pronounced in order to effectively reflect the realities of the 21st century global order. An influential UK parliamentary panel recently wrote to the UK Foreign and Commonwealth Office (FCO) to engage more proactively with New Delhi to try and seek out the next International Monetary Fund (IMF) [...]