450 results found
India will be there at the G-7 to remind the West once again that it is playing an important role in the global oil market.
India's exports would go down if economic sanctions are imposed on Sri Lanka as sought by some people in Tamil Nadu, affecting farmers, manufacturers and suppliers in the State, says former President of the India-ASEAN-Sri Lanka Chamber of Commerce.
China is now India's single largest trading partner and a big growing export market for Indian goods
India and Sri Lanka are now working on a comprehensive economic agreement following the success of the Free Trade Agreement of 1999. This was stated by Sri Lanka's Minister for Export Promotion and International Trade,
Whatever Modi may want to do in the coming years is circumscribed by the fact that India does not have too many cards in its hands. It is not an oil-rich country, or one with some ideology to export. It is a poor country whose primary goal is to transform the lives of its people.
Despite the kind words, emergency cooperation, and the defence relationship, there are longer term difficulties in the India-Russia relationship that are unlikely to be easy to resolve.
India’s growing strategic importance as a balance to China in the Indo-Pacific region, as well as convergence between New Delhi and Washington DC about Beijing’s aggressive stance on emerging technology, have resulted in warming relations between the United States (US) and India. Indeed, in recent years, there has been a spur of cooperative agreements between the two sides on domains such as defence technology, 5G, and semiconductors. This br
This brief explores the factors informing the Donald Trump administration’s continuity on the US’s defence trade with India. The administration’s impetus to maintain US-India defence trade stems from factors like the ‘reverse revolving door’ policy that has increased the influence of US defence contractors, its ‘Buy American’ policy to boost US arms exports, and defence trade being construed as an incremental means to correct the bi
Manufacturing clusters, export-oriented industries, and data centres can procure clean electricity through open access or captive routes, gaining long-term cost certainty while absorbing large volumes of new capacity
Prime Minister Narendra Modi's government has launched many reforms under the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives to strengthen India’s moribund defence industry. These reforms have led to some visible improvements, as evidenced by increased defence production and exports, and a large bank of in-principle government approvals for future domestic production. However, several challenges persist that require urgent attenti
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
This brief analyses the regulatory, security and ethical challenges facing states and the international community regarding emerging technologies in biotechnology, focusing on the CRISPR/Cas9 gene editing system and artificial gene synthesis. It highlights the inadequacy of current mechanisms such as export control regimes to regulate these emerging technologies because of a fundamental shift in the nature of challenges posed and an altered globa
This brief probes the role of the current 116th US Congress in strengthening India-US relations in the realm of defence trade and technology transfers. The analysis is done in the context of the Trump administration’s relaxation of arms export policies, as well as a rise in conservative nationalism which abhors arming partner nations that prolong US conflicts overseas. Furthermore, as the Democrat-majority House of Representatives appropriates
Many see China to be practicing a new form of imperialism in Africa as it imports primary goods from Africa and exports manufacturing goods to Africa, without transferring skills to the continent. And China-Africa ties are not free from challenges. There is also immense potential.
The unilateral tariff imposition by the United States on various countries has started a trade war that threatens to adversely affect the world’s major economies. This paper finds that no country, including the US itself, is likely to benefit from a tariff war. In India, some analysts had expected that the country’s export penetration in the US and elsewhere will increase, as China loses out. An analysis of trade data, however, shows that whi
A rationalisation of the rupee exchange rate in end July and August made exports and domestic products competitive.
Imposition of wider restrictions on technology exports to the other
India joins the regime at a time when export regulation of dual-use technology items have become increasingly complex.
This paper examines two types of waste on which India can explore transboundary waste-trade opportunities and challenges: farm-produce waste and municipal solid waste. Using lessons learnt from trade between other countries, the paper argues that while India can augment its economy through increased waste exports or imports, certain conditions must be met for India to benefit from sustained international waste trade practices. The paper recommend
This monograph makes an assessment of the prospects of India’s inclusion to the export control regimes. It begins by analysing the technical parameters for membership and whether or not India meets them. This includes an examination of India’s domestic export control system — both control list and legal framework. The next chapter delves into the political debates on India’s membership to the four export control regimes. This takes i
In response to increasing criticism of the existing international investment regime, various countries, including India, have been revising their model investment treaties. is paper analyses India's recently approved Model Bilateral Investment Treaty (BIT). It makes an assessment of the text's practical implications from the perspective of ongoing negotiations of investment agreements with several countries, as well as India's transition towards
Isolation from the West has forced Russia to reach out to the Global South. Its trade with India, for example, saw a remarkable rise in FY2024-25, driven by increased imports by India, primarily of crude oil. To work around US, UK, and EU sanctions imposed on Russia, the two countries have resorted to the rupee–ruble settlement facilitated by the Reserve Bank of India’s (RBI) decision in July 2022 to allow export and import operations in Indi
In the last decade, South Korea's defence exports have become one of the successful case studies of the country’s export basket. However, given the changing nature of modern warfare, a shift focusing on the adoption of New Generation Technologies (NGT), such as Artificial Intelligence (AI), robotics, and semiconductors, is taking place within the Korean defence industry. Given the strategic importance of these systems, the Korean government has
Export orientation is a quality and time conscious eco-system which hinges on becoming part of global supply chains.
A decade of far-reaching defence reforms under Modi has transformed the Indian military’s reputation and capabilities
For Mongolia, Russian investments & cooperation between the two nations create a more competitive market in Mongolia & reduce its dependence on Chinese exports
Recently, the Special Economic Zones Bill 2005 has been passed by both Houses of Parliament and is awaiting the approval of the President. The purpose of having a separate Bill on Special Economic Zones (SEZs) is to clarify all policy initiatives relating to such special zones so that many more foreign and domestic investors can establish their units in these areas. There are 11 functioning SEZs in the country already and they are producing 5 per
All over Europe, the new mantra is austerity. Though India's exports have been doing well since last month, this may not be sustained in the future if our big trade partners are busy tightening their belts and trade credits dry up.
After a long delay, the government has finally announced the much awaited new foreign trade policy, with thrust export promotion, reducing trade transactions costs, e-commerce, services exports and ease of doing business. It is a welcome relief to see that economic reforms on the trade front are back on track and in full swing.
As per the OPEC deal, Saudi Arabia, the world’s largest crude exporter and OPEC’s biggest producer and the de facto leader had to cut output by 4,86,000 barrels per day (bpd) to a ceiling of 1,00,58,000 bpd.
Quantum communication will fundamentally alter the landscape of digital communication once it becomes a practical reality. While hardware development may take time to materialise, software implementation is already underway, and holds particular importance in light of the impending threat posed by quantum computers to classical encryption. The United States (US) and China are investing heavily in quantum communication and have made progress. Like
New sanctions target Russia's top oil firms, Rosneft and Lukoil. The US and EU aim to isolate Russia economically and force negotiations on Ukraine. This move impacts China, India, and Turkiye, key energy buyers. India faces a balancing act with its energy imports. The sanctions signal a shift in global energy dynamics and US influence.
Saudi Arabia, under the tutelage of the crown prince and heir apparent Mohammed bin Salman, is remoulding its two main exports—oil and Islam—to future-proof both the Saudi state and the monarchy that runs it. While transitions of such scale and consequence have been attempted before, they have met with limited success. Today, the challenges and opportunities before Riyadh are simultaneously invigorating and jarring. This brief assesses Saudi
Greece is having unprecedented economic problems and so is Spain which is seeing the rise of a new party Podemos. France too is in economic trouble and Germany is facing flattening out of exports and slower growth prospects.
The past decade has witnessed the proliferation of small satellite technology in various domains including the military, academe and commerce. is paper explores the idea of utilising small satellites technology (of the order weighing less than 150kg) for specic aspects of India's space security interests. It will describe some of the programmes and missions of global leaders in space security, and examine specic applications of small satellite te
India appears to have successfully climbed into the category of a nuclear "have," overcoming the divisions enshrined in the Nuclear Non-Proliferation Treaty (NPT) and enforced fervently by its adherents. However, as India prepares to argue its case for entering the export control regimes, it will find that the new "status" will bring contentious new issues, which will demand careful consideration.
A regionally integrated grid is central to South Asia’s clean energy transition. Cross-border electricity trade (CBET) in the Bangladesh–Bhutan–India–Nepal (BBIN) subregion has nearly tripled from 7.8 TWh in 2013 to 21 TWh in 2024, yet remains far below its potential. An integrated grid can harness the region’s diverse clean energy resources, lower system costs, enhance energy security, and support decarbonisation. Recent milestones, in
A spurt in domestic demand can prove to be the most important impetus for growth of the Indian economy in 2015-16. Then India will not have to be reliant entirely on export led growth. China is also following this strategy as its dependence on the global economic forces have gone beyond its control.
India’s marine fisheries sector plays a critical role in coastal livelihoods, food security, and the country’s emerging blue economy. However, the governance of marine fisheries remains fragmented due to variations in Marine Fishing Regulation Acts (MFRAs) implemented by coastal states and Union Territories. These differences in seasonal bans, gear regulations, licensing systems, enforcement capacity, and penalties complicate coordinated mana
The Centre has chipped in by banning the export of beef and cows, thereby minimising the incentive for cow slaughter.
India is increasingly vulnerable to cyber attacks that range from intrusions that affect the integrity of data to large-scale attacks aimed at bringing down critical infrastructure. This vulnerability is largely a function of India's digital economy, which is a "net information exporter" that relies heavily on devices manufactured outside the country. Another complicating factor is the density of India's cyberspace, which does not permit a unifor
India and Germany embark on a path of cooperation leading with trade and security
China’s external economic engagement in smart city development under the Belt and Road Initiative (BRI) and its digital sub-initiative, Digital Silk Road (DSR), is reshaping the geo-economic and geopolitical landscape of the Indo-Pacific. Between 2017 and 2023, Chinese state and private companies invested, loaned, or contracted over US$22 billion in digital infrastructure under the DSR framework, spanning telecommunications, artificial intellig
Russia is now the world’s most heavily sanctioned country, with unprecedented punitive action targeting its energy exports, central bank, and other sectors. Given Russia’s economic resilience amid such economic restrictions and India’s dependence on Russia for its defence and energy requirements, this issue brief highlights the economic rationale for New Delhi to maintain existing trade ties with Moscow despite continued geopolitical pressu
As the EMEs grow and mature, they can no longer rely on export-driven, credit-fuelled growth and must look inward to initiate deep seated structural reforms and modify their path to economic prosperity. There is a need for effective governance and strong leadership to restore the lost pride of emerging markets.
Countries are searching for ways to ensure economic security and technological sovereignty amid growing competition over scarce resources. Among these resources, playing an increasing role are critical minerals, including rare-earth elements, that underpin semiconductors, green technologies, and next-generation industries—thereby powering economic growth. Recognising the importance of critical minerals, it is vital to examine how resource-scarc
Iran’s oil sales are at a five-year high as the US looks the other way despite sanctions. Iran is smartly undercutting Russia in selling cheaper oil and upset Saudi Arabia’s plan to profiteer from production cuts. The new world order being shaped amid the US-China battle for global supremacy equally belongs to countries charting independent paths
