Courtesy: Gateway House
Multilateral funding can aid regional financial connectivity between the Bay of Bengal states, where financial networks are scarce. India's successful fintech can be mobilised to create a local ecosystem of startups with better access to funds and strong ties to the Indian market.
Courtesy: Gateway House
The Indo-Pacific has become an important part of global geopolitics in the recent past, with several great powers implementing concerted Indo-Pacific policies to create economic, social and security linkages with the region. India can use its development experience and futuristic technology to secure stability and prosperity. This compendium of essays explores the comprehensive role that India can play in the Indo-Pacific, from energy and environment, to trade, security, technology and a vibrant diaspora.
Courtesy: Blaise Fernandes
Geographical Indication (GI) tags denote a good's specific physical origin. These are potential revenue-generators for India. Combining government support with its e-commerce network, India can empower MSMEs and women-led cottage industries to compete with large companies by building a strong GI ecosystem. The Make in India initiative and GI can together provide an impetus to social and economic growth in India.
Courtesy: Twitter |@GatewayHouseIND
On October 21, the Foreign Secretary Harsh Vardhan Shringla inaugurated the CCCS-Gateway House conference on "Leveraging China's Economy". In his keynote address, he traced the India-China trade imbalance, explained that the disturbed border changed equilibrium and noted that the "ability of India and China to work together will determine the Asian century".
Courtesy: Shutterstock
Geographical Indication (GI) tags can be ready revenue generators today, especially for India. The country's robust global e-commerce system and recent domestic drone policy can help build a strong GI ecosystem and boost India's soft power. The government must lend its support to the industry, learning from European and Chinese examples.
Courtesy: Toyota
In June this year, the Japan Aerospace Exploration Agency collaborated with Honda Research to build an energy system for surface mobility on the moon. SpaceX and Mitsubishi Heavy Industries, Tesla and Mitsubishi Motors have similar alliances, reflecting the increased participation of the automotive sector in the space economy. Tokyo wants its biggest export, automobiles, to pick up stakes in this space. India should have a similar ambition. The May 2020 space reforms recognise the significance of commercialising the space sector. But now is the time for long-term R&D investments in the domestic auto sector, to help India step into this play.
Courtesy: Shutterstock
The simultaneous rise of India's tech unicorns with the unexpected crackdown by China on its star tech players, is an interesting study. India will certainly be a beneficiary of China's move, which is likely to scare foreign capital away. There's plenty on offer in India, with nearly 60 IPOs scheduled for a 2021 listing.
Courtesy: The Maritime Executive
China is rapidly expanding its influence in the Indian Ocean Region, as its massive investment in ports starts to materialise. From smaller investments of $78 million in Djibouti to large ones like $1.6 billion in Gwadar, these are funded largely by Chinese state-owned enterprises. This infographic shows the 17 ports being built by China, which are now important strategic, economic and political outposts for the country.
Courtesy: The Times of India
In an interview with Garrison Moratto of The New Diplomatist, Amb. Rajiv Bhatia, Distinguished Fellow, Foreign Policy Studies, counters China's claims that the Quad is an "Asian NATO." He highlights how the India-U.S.-Japan-Australia Quadrilateral initiative aims to increase cooperation in the Indo-Pacific on international law and security. This podcast delves into the history of the Quad's formation, current strategic characteristics, and future geopolitics, ahead of the fall in-person Leaders' Summit in the U.S.
Courtesy: Shutterstock
Sanctions are an important foreign policy tool, used especially by the West against its adversaries. Now, these rivals are retaliating with counter-sanctions. Are these effective? How does this impact global politics? Where does India stand in this free-for-all sanctions era?