179 results found
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
Given India’s emergence as an exporter, not just an importer, of capital, there is a need to revisit the stand on bilateral investment treaties
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
India's participation in multilateral naval exercises such as 'Milan' bolsters India's growing soft military power
India has undertaken steps towards exports-centric manufacturing and has kickstarted its own industrial policymaking, suggesting that India’s indust
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
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
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
As Maldives faces a complex economic landscape driven by import dependencies and fiscal policy challenges, strategic policymaking is imperative
Export orientation is a quality and time conscious eco-system which hinges on becoming part of global supply chains.
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.
With growing digitalisation and amid the ongoing pandemic, India needs to reorient its trade policy with emphasis on developing its own GVCs and upgra
‘Wheat diplomacy’ could just be the start of focus on export from India to Afghanistan.
A depreciated rupee may be good for the economy as it can aid in boosting exports.
The bans placed by the US would “not stop China permanently”, they were meant to hobble China to enable the US and its allies to stay ahead
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 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.
Sri Lanka’s quest for right-sizing the military and building a well-equipped force for future challenges offers opportunities for India to further e
The dependence on China’s demand and exports has driven the shipping industry for too long and has increased risks for the entire supply chain.
BRI has so far only contributed to the rise of GHGs and not to the GDP of the host countries. Is China accruing economic benefits while exporting carb
A combination of institutional frameworks and policy changes has ensured a profound transformation in India's defence policy
The Centre has chipped in by banning the export of beef and cows, thereby minimising the incentive for cow slaughter.
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.
The recent update released by the EU on its Economic Security Strategy is aimed at positioning it as a geopolitical as well as a geoeconomic bloc
The US export controls might push China towards an impetus for a strong domestic semiconductor industry
As Vietnam seeks to diversify its arms purchases, India could emerge as a potential exporter of defence equipment.
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
India’s large defence industrial base has historically been dominated by public sector entities, although they have failed in meeting the growing requirements of the armed forces. The public sector suffers from inefficiency in productivity, innovation and international sales, rendering New Delhi highly dependent on arms imports. The government is taking steps to reform the public sector, even as it accords greater importance to the private sect
To make the most of the UAE-India CEPA, India and the UAE need to strengthen their global value chain participation.
Russia’s war on Ukraine, interrupted value chains, and increased regionalisation are putting pressures on the already-strained multilateral trading system. Though a strong World Trade Organization (WTO) is needed to navigate these challenges, the organisation risks becoming irrelevant if far-reaching reforms are not implemented as soon as possible. In the short- and medium-term, WTO members must agree on limiting export barriers, especi
Countries in the Gulf region are facing a proverbial perfect storm: oil demand falling to its lowest levels in decades, disagreements within the group of oil-exporting nations on supply cuts, and the COVID-19 pandemic. The plummeting of oil prices is affecting these countries’ fiscal positions, business sentiments, and economic growth. India has stakes in all this; after all, the country has strong economic, commercial and diaspora ties with th
Aside from financial aid, the UK’s Rwanda bill does not offer any incentives to Rwanda and only exports the domestic challenges caused by immigratio
Vehicular congestion and insufficient parking facilities are significant emerging challenges for India’s mega and metropolitan cities, severely impairing mobility. Although curtailed by constitutional mandates, many Indian cities are seeking to resolve the issue through parking policies, focusing on regulations, pricing as a management tool, new technologies, and off-street parking provisions. This brief assesses the parking policies of Ahmedab
Questions about the utility of globalisation are not new. Could the COVID-19 outbreak be the final nail on the coffin for an idea that drove the world economy in the past three decades? In theory, countries would produce what they specialised in, leaving it to the market to ensure everyone got a better price for it. As 2020 began, the pandemic spread from one province of China and soon disrupted production across the world. Countries banned the
When China set up the ‘Big Fund’ in 2014, its mandate to companies was chip-making rather than the development of a self-reliant industry based on R&D. This strategy has left gaps in China that the US is now intending to exploit through its new rules. It has introduced a sweeping set of export controls that will make it more difficult for Chinese companies to develop cutting-edge technologies, especially semiconductors.
The drastic and sudden drop in Venezuelan and Iranian oil exports to India in 2019-2020, due to the looming threat of US secondary sanctions, is the latest supply chain disruption to India’s energy security. To avoid similar disruptions in the future, India must act decisively to increase its Strategic Petroleum Reserves to meet at least 90 days of emergency oil stocks, and combine lobbying efforts between India’s private and public oil compa
China may soon find it difficult to source semiconductors specific to the development of artificial intelligence, expanding on US export control measures announced in October 2022. The US is preparing to constrain access of Chinese companies to US cloud-computing services.
US-China relations have been rocky since 2018 when the two sides started a tariff war and the US began to restrict the export of semiconductors to China. And then came Covid-19 and as the situation in the US deteriorated, rhetoric against China began to rise. It has been opportunistic, driven by the hope that it would make the electorate overlook shoddy handling of the pandemic by the Trump administration.
In a recent interview, former Punjab chief minister and current Tamil Nadu Governor Surjit Singh Barnala said India's move to export wheat seeds to Pakistan in 1978 played a considerable role in thawing the relations between the two countries.
