With a massive, yet demanding middle class, the Chinese Communist Party needs a reliable source of cheap labor to continue to allow Chinese nationals to enjoy mass-produced daily products. step forward India, mass producer.
Gateway House interviewed Shada Islam, Director of Policy at Friends of Europe, a Brussels-based think tank, on topics ranging from the India-EU Free Trade Agreement (FTA) to Make in India and cooperation on climate change.
Germany is a crucial partner for India, especially for the Make in India programme. The needs and strengths of both countries are complementary: in India, German companies are among the largest employers, and Germany is the second largest destination for Indian investment in Europe. India needs to develop and enhance the skill of its population, and develop an advanced manufacturing base. For this, a new level of collaboration is required.
Mexico’s recent political and energy reforms, globally competitive manufacturing sectors, growing trade links with the U.S. and other trade alliances can spur the country forward in the years to come
Indian manufacturing’s share of GDP has been stagnating. Some of the industry’s problems stem from a business culture of hierarchy and bureaucracy. But competitive pressure is forcing a transformation, and the new management models now being adopted can change how investors and customers perceive Indian companies
The economic mismanagement by the ruling UPA in the past few years – by putting politics and polls ahead of economy and prosperity, and slavish obedience to political masters – has created an environment of crisis and desperation in India. Where did the country’s so-called economic ‘dream team’ go wrong?