The 14th India-UK Joint Economic and Trade Committee (JETCO) comes with all the promise of post-Brexit “Early Harvest Agreements” in the lead up to a full-fledged free trade agreement (FTA); but it is important that the momentum unleashed by ministers on both sides is revved up to top speed now, writes India Inc. Founder & CEO Manoj Ladwa.
He is China’s most powerful leader since Mao himself and probably doesn’t have any independent sounding board in the upper echelons of China’s party and government elite. This is blinding the Chinese President to the rising tide of global resentment against Beijing’s coercive diplomatic and military tactics, write India Inc Founder and CEO Manoj Ladwa.
China is trying to utilise Western pre-occupation with the coronavirus to brazenly expand the boundaries of what it considers a Sino-sphere. Unless the free world pushes back against this now, it will be difficult to contain China’s ambitions of dominating the world in the future, writes India Inc. Founder and CEO Manoj Ladwa.
In a potent challenge to the Whitehall system, Boris Johnson’s controversial political advisor, Dominic Cummings wrote in a now infamous blog at the beginning of the year, that he wanted to hire “data scientists, policy experts, assorted weirdos” to work in 10 Downing Street. He was laying down the gauntlet to radically shake up Britain’s fabled civil service that once ruled two thirds of the globe. Manoj Ladwa, India Inc. Group Founder and CEO, asks whether it’s time for the [...]
Foreign investors consider energy and logistics costs in countries very carefully while deciding on investment destinations. To attract Western, Japanese and Korean companies leaving China in the wake of the Covid-19 pandemic, India Inc. Group Founder and CEO Manoj Ladwa argues in this fourth of a six part series of articles, that India must privatise its power distribution and urgently reform its logistics networks. Highlights: India’s power sector needs thorough structural reforms. India must privatise its power distribution and bring [...]
Will the Modi government stand up to the luddites in the legal profession, who for decades, have stifled reform at every opportunity? India Inc. Group Founder and CEO Manoj Ladwa outlines his thoughts for a radically reformed Indian economy in this last of a six part series of articles. Highlights: India will need deep rooted legal reforms in order to gain a coveted place in the top 50 in World Bank’s Ease of Doing Business rankings. India’s legal system is [...]
It’s time to bring back development finance institutions, and reform the bond market so Indian businesses can raise money at competitive rates, writes India Inc Founder and CEO Manoj Ladwa. Highlights: India needs alternative sources of finance for its long-term infrastructure development and other needs. The government must encourage large corporates to float new development financial institutions to channel household savings and foreign borrowings into productive assets. RBI should subscribe to bonds issued by companies or set up a dedicated [...]
The central government must not now waver on its intended labour reforms, that it started last year before the COVID-19 crisis, says India Inc. Group Founder and CEO Manoj Ladwa in the second of this 6-part series of articles on his vision for reforming India’s economy. Highlights: Uttar Pradesh, Madhya Pradesh, Gujarat, Rajasthan and Punjab announced significant labour reforms last week. Labour laws in these states are now comparable to those in India’s peer nations in South East Asia. At the federal level, the government has been working at reforming India’s [...]
The Modi government’s move to create a land bank twice the size of Luxembourg to provide foreign investors with on-demand plug and play infrastructure will make India attractive for companies leaving China, writes India Inc. Group Founder and CEO Manoj Ladwa. Highlights: The Gujarat government’s decision to allocate plots to interested companies within seven days will address a huge pain point for foreign and domestic investors. This coupled with the Modi government’s decision to create a land bank of 463,000 [...]
Countries reform fastest during crises. India is no exception. In a six-part series starting tomorrow, India Inc. Group Founder and CEO, Manoj Ladwa explains how COVID-19 presents India with an opportunity to push through reforms that can herald a new economic renaissance. Highlights: The current government has the political capital to push through necessary, but politically contentious, measures to ease processes, cut down bureaucracy and eliminate corruption. It is planning to prepare a stimulus and reforms package to revive the [...]