365 results found
In recent years, China has increasingly invested in West Africa to further its ambitious Belt and Road Initiative, diversify its supply chains, and acquire critical minerals and raw materials for its domestic industries. Indeed, China sees immense potential in West Africa for the region’s ability to provide a secure supply of critical minerals and energy resources insulated from the West. Beijing is now the region’s largest bilateral trading
Although it may look like a "sudden development", Chinese observers pointed out that a "quiet but significant" shift in China-India relations had already been underway in the past few months.
Accompanying these country-level strategies is a range of defensive measures that the EU has put in place. These include two-way screenings of investments and anti-coercion mechanisms under the umbrella of its 'derisking' approach. At the same time, Europe is attempting to diversify its trade partners and supply chains in favour of more 'like-minded' nations in Asia, Latin America and elsewhere.
Heightening great-power rivalry has impeded consensus-making in multilateral institutions. This has given rise, in recent years, to minilaterals especially in the Indo-Pacific. Even as there are criticisms that minilaterals are too informal and lacking in structures that are required for focused debates, China’s belligerence has galvanised support for, and focus within minilateral groupings in the region. Over the past year, the fallout of the
Opening up retail trade should not have happened at a time when inflation is high, GDP growth rate is falling, industrial growth and exports are declining. Unfortunately, it would take a long time for the multi-brand retailers to establish their own supply chains and hence inflation is unlikely to come down in the near future.
China’s approach to trade has stood impervious to change. It is time for a new geoeconomic approach to counter China. Like-minded nations can fashion rapid arrangements to grow the supply chains that matter most, such as for electric vehicles (EV). The US and India, plus Australia, Canada, Japan, Britain, Taiwan, Korea, and Mexico can form an EV supply chain compact to create a level playing field within the group and incentivise their
As India and Taiwan complete 30 years of informal relations this year, there is scope to deepen cooperation in the domains of trade, technology, digitalisation, and security. This paper offers a framework for India’s engagement with Taiwan, identifies the pillars of their current relationship and areas for future collaboration, and explores the limitations and challenges. The dual-track engagement—proactive engagement and soft balancing with
Beginning in 2017, the first Trump Administration steered United States (US)-China relations from engagement to competition. Thereafter, Biden largely built on this policy, while giving indications of moving towards a phase of “competitive co-existence”. Under Biden, the US sought to reassure China that it was adopting a strategy of “de-risking” and not “de-coupling,” and its goal was to adopt a technology export regime that would als
Defence reforms have become a national urgency
Emissions from fossil fuel-powered motor vehicles adversely affect air quality and contribute to global warming. The manufacture and use of electric vehicles (EVs) is among the ways by which this challenge can be mitigated. This brief evaluates the best practices adopted by countries in the forefront of EV adoption, and outlines the lessons India can draw from them to inform its own EVs strategy. It finds that in addition to strengthening
The COVID-19 pandemic has had a massive economic and social fallout for India, as it has across the globe. In India, large numbers of people lost their jobs, and supply chains across industries and agriculture have been disrupted. At the same time, environmental indicators—notably air and freshwater quality—showed improvements following the long period of a nationwide lockdown. This brief outlines why India must make a focused decision to mov
States are no longer insulated from distant geopolitical realities. As India has witnessed, trade and supply chain linkages can extend conflicts to uninvolved states
IMEC को भारत–यूरोप व्यापार का गेमचेंजर माना गया था लेकिन जमीनी हकीकत बताती है कि यह गलियारा अभी उम्मीद और अमल के बीच अटका हुआ है.
New Delhi will have to keep a close watch on global debates on economic security and the impetus building to restructure the world’s trading system
The fourth Quad Leaders’ Summit will be an opportunity to assess its progress in ensuring a peaceful and stable Indo-Pacific
The year 2022 saw the global economic outlook deteriorate amidst high inflation, fiscal tightening, and supply chain uncertainties arising from both the Russia-Ukraine war and the prolonged COVID-19 pandemic. Global Gross Domestic Product (GDP), after expanding by some 5 percent in 2021, contracted in the first half of 2022. This brief makes a case for gender lens investing (GLI) as a means to boost women’s participation in economic act
Amidst pressures on the global trading system, the EU FTA will provide stability and certainty for businesses, support greater investment flows, and deepen supply chain integration
A strategic partnership of two great democracies will counter the rising influence of techno-authoritarians.
PM Narendra Modi has an opportunity to play peacemaker at the most important peace summit since World War II. India’s well-established relationship with Russia is the key.
The global shortage in semiconductors that occurred during the Covid-19 pandemic, resulted in heavy losses for many economic sectors. The fragility of the supply chain and the innate dependencies within, have made semiconductor collaboration essential to maintain the industry’s efficiency. This brief examines how semiconductors have become a fulcrum for building potential technology alliances. It outlines ongoing diplomatic initiatives
India is a sovereign nation; is it digitally sovereign, too? This paper examines the degree to which India is self-reliant in electronic hardware. After all, for a country to be self-reliant in the information age, it has to either attain indigenous capability in electronic manufacturing and services or be equipped to protect data and mitigate the threats associated with supply chain vulnerabilities. This paper refers to self-reliance in electron
With trade wars and financial realignments looming, India's success in this evolving landscape will depend on its ability to balance collaboration with autonomy
Besides making use of geopolitical uncertainties and geoeconomic risks to reach a timely deal, the FTA shows elements of pragmatism through carve-outs
भारत आणि युरोपियन युनियन यांच्यातला करार अनेक स्तरांवर व्यावहारिक ठरला आहे. भू राजकीय अस्थिरता आणि भू आर्थिक जोखमींच्या स्थितीतून मार्ग कसा काढावा याचाही हा वस्तुपाठ आ�
This report presents an initial stocktaking of the India-Middle East-Europe Economic Corridor (IMEC) announced in 2023 following a meeting in New Delhi between the leaders of India, the US, the United Arab Emirates, Saudi Arabia, Italy, France, Germany, and the European Commission. Given that the participating economies contribute to almost half of the global GDP, there are many opportunities and challenges associated with the economic corridor.
The United States (US)-China trade war and the COVID-19 pandemic fundamentally altered global trade patterns, revealing critical supply chain vulnerabilities. US tariffs pushed companies to shift manufacturing to more favourable locations, accelerating “friendshoring” to countries like India and Vietnam. The “China plus one” strategy has bolstered domestic manufacturing and attracted foreign investment through Production Linked Incentive
The moves are to reduce India’s strategic vulnerability, but there are issues that need to be resolved
The uncertainty and possible further disruptions in the defense supply chain out of Russia could accelerate India’s diversification and indigenization efforts.
Semiconductors are increasingly becoming the fulcrum of national and economic security. They undergird economies that are growing to be more dependent on digital technologies and aided by advancements in artificial intelligence. As the world works to secure semiconductor supply chains with a firm national push, China is emerging as a formidable contender in certain segments. Within this context, India’s semiconductor ambitions must be evaluated
India’s economic and policymaking commentariat has focused on the factors that have inhibited India’s manufacturing growth. It is time they shift their focus to successful cases
Faced with trade imbalances and geopolitical friction, India is pivoting from overt dependence on China to a “China-plus-one” strategy anchored in resilience and regional realignment
While India’s diplomatic and political outreach with West Asia has been a success story over the past decade, the geopolitics of technology has the potential to offer a challenge.
The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have
Export orientation is a quality and time conscious eco-system which hinges on becoming part of global supply chains.
It makes more sense to enable domestic multi-brand retailers to become strong and see how they develop the village infrastructure and supply chains. It would be risky to usher in oligopolistic global retailers without any strings attached and allowing them to take a big slice of India's huge retail market.
चीनच्या दृष्टीने युरोपीय गटाचे राजकारण यावेळी इंडो-पॅसिफिकपर्यंत विस्तारू शकणार आहे.
Assumption that tariffs will bring pharmaceutical manufacturing back to US shores is marred by several complexities
The India-US relationship now is shaped by forces and communities far larger than the world of officialdom
Recent years have highlighted the global headwinds against China's increasingly aggressive moves in the Indo-Pacific region. Vulnerabilities associated with an overdependence on the country for several critical goods, including electronics, have exacerbated prevailing anti-China sentiments. This has provided the impetus for diversifying electronics supply chains, an opportunity India is well positioned to leverage. This brief assesses Ind
