RCEP lessons: India must reform faster to become more competitive

    2020-08-20T07:01:21+00:00November 8th, 2019|India Inc News|

    India’s withdrawal from the RCEP trade pact indicates that it remains open for business on its own terms and is also an acceptance that reforms must carry on at pace, writes India Inc. Founder & CEO Manoj Ladwa. Unanimity and consensus are difficult to achieve in India but Prime Minister Modi’s decision to pull out of the Regional Comprehensive Economic Partnership (RCEP) deal has been welcomed by almost all stakeholders – political parties, businesses and farmers associations. For me, this [...]

      The rocky path to US-India alignment

      2019-10-26T06:26:35+00:00October 24th, 2019|2019, North America Edition – 25th October 2019|

      Internal challenges hinder the US and India from fostering closer strategic ties. While there is clear logic to closer India-US strategic cooperation on a number of fronts, domestic priorities and capacity issues will continue to complicate ties. The United States and India are currently in the midst of a minor trade spat, cantered on medical devices, agriculture and e-commerce, among others. Washington has revoked India’s benefits under the 1970s era Generalized System of Preferences (GSP) arrangement, and New Delhi has [...]

        Tensions highlight the importance of global trade

        2019-10-22T16:12:25+00:00October 16th, 2019|India Inc News|

        From bicycles to whisky, handbags to semiconductors. Made on Earth, a new BBC News series, explores eight everyday products, and the eight intricate global trading networks that bring them to market. Even as trade tensions mount, the world has never been more connected, and the volume of international trade continues to rise. Global trade used to be a slightly worthy topic, loved by economists and confined to the financial pages of newspapers. But high-profile trade rows have changed all that, underlining its [...]

          Modi-Xi offsite holds lessons for other powers

          2020-08-20T06:59:22+00:00October 11th, 2019|2019, North America Edition – 11th October 2019, UK Edition – 11th October 2019|

          The two neighbouring powers – not inimical to each other but not quite on the same page on most issues either – have thankfully found a way of discussing their bilateral issues, warts and all.  This is a lesson that other powers could also learn from, writes India Inc. Founder & CEO Manoj Ladwa. You’ve heard of corporate offsites, where company bigwigs travel to exotic destinations to discuss strategies and iron out issues in an informal setting. Well, Indian Prime [...]

            How neighbours can become good friends

            2019-10-11T15:40:35+00:00October 11th, 2019|2019, North America Edition – 11th October 2019, UK Edition – 11th October 2019|

            Indian Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina have laid the foundation for closer trade and economic ties between the two countries. Now, it is up to the business houses in India and Bangladesh take this forward. Among its South Asian neighbours, Bangladesh is, arguably, India’s closest ally. However, New Delhi has been facing stiff competition from Beijing. In 2015, China replaced India as Bangladesh’s top trading partner. The following year, China agreed to invest $24 billion [...]

              India shows the way on globalisation

              2020-03-24T07:39:34+00:00September 13th, 2019|2019, Global Edition – September 2019, North America Edition – September 2019|

              India has been opening up its markets to foreign investments and creating opportunities for companies globally even as trade wars are closing markets in other countries. Economists around the world are burning the midnight oil trying to answer the question that is giving sleepless nights to heads of states and C-suite occupants alike: is the world economy heading towards a recession? Economic report cards from the largest economies don’t make for happy reading. The US manufacturing sector has been slowing [...]

                A framework for India’s trade boom in the times of a US-China clash

                2019-09-17T08:38:22+00:00September 12th, 2019|2019, North America Edition – September 2019|

                An expert from American Enterprise Institute lays out a framework for boosting Indian trade. A great deal of work must be done when considering whether and how trade can drive Indian growth, For instance, India cannot take much advantage of US-China trade conflict because it is not the next best competitor. If the US forces production out of China, it will go to Mexico, Vietnam,  and others - even Bangladesh for some products. There is another China-related, longer-term and much [...]

                  India and Russia tango in Vladivostok, but…

                  2020-08-20T06:59:48+00:00September 6th, 2019|India Inc News|

                  India’s reaffirmation of its friendship with Russia and the opening of new business opportunities will make some in the West uneasy, but the imperative of containing the shadow of the big dragon in the room should bring everyone around, writes India Inc. Founder and CEO, Manoj Ladwa. I don’t think it’s ever happened before. When Indian Prime Minister Narendra Modi announced a $1-billion line of credit for the development of the Russian Far East, it probably marked the first time [...]

                    The Commonwealth at 70; is it fit for purpose?

                    2020-03-20T05:47:37+00:00July 26th, 2019|2019, UK Edition – July 2019|

                    Can the Commonwealth serve as a body seeking to forge a commonly-accepted approach to global challenges? Or is it still struggling to justify its existence? Our strategic expert analyses the Commonwealth as it nears its 70th year. Over the past few decades, the number of multilateral groupings in Asia has multiplied. While ASEAN – the Association of South East Asian Nations - has modelled itself, with Asian characteristics, on the European Union, most of those which are not seeking greater [...]

                      India sees big opportunities in Africa, a counterpoint to China

                      2020-03-20T06:04:01+00:00July 26th, 2019|2019, UK Edition – July 2019|

                      By proposing a free trade agreement with Africa and by extending a $50-million grant to Niger to host the African Union Summit, the Modi government has signalled that it will continue to champion close collaboration and partnership with Africa. If Africa were a country, it would be the world’s seventh-largest economy. Then, more than 30 of the 54 nations in Africa are democracies. And Africa has the largest concentration of Indians or Indian origin people outside the sub-continent. In a [...]