Last week, Indian tech start-up Zomato's Initial Public Offering raised over a billion dollars. This is a welcome new trend in domestic financing for start-ups in India, with more gaining unicorn status in the past year. It is also indicates a sector independent of Chinese backing. In this podcast, Amit Bhandari, Fellow, Energy and Environment Studies Programme, discusses the positive outcome of Press Note. 3 on the sector.
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A ransomware attack recently targeted Kaseya, a software services company in the U.S., for $70 million, incapacitating hundreds of its clients globally. There is an increasing incidence of such attacks, with perpetrators targeting government agencies and high-tech companies, leading to considerable economic losses. How can governments mitigate these threats and attribute responsibility to those accountable?
With the U.S.-led Artemis Accords gathering momentum, and China and Russia joining hands, space exploration is becoming economically important. Countries increasingly want to participate in the space exploration economy and are partnering with space superpowers that have aligned geopolitical and geoeconomic interests. India, too, must do the same, says Dr. Chaitanya Giri, Fellow, Space and Ocean Studies Programme.
Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.
As new technological advances take place every day, India must keep up. While the U.S. is still a front-runner in defence technologies, China and Russia are catching up quickly. In order to counter this, India can insert itself into the pre-existing bilateral co-operation between the U.S. and Israel. Sameer Patil, Fellow, International Security Studies Programme tells us how.
There has been an increasing need for the regulation of content on social media platforms like Twitter, WhatsApp and Facebook. Ambika Khanna, Senior Researcher for International Law Studies Programme explains the legal concerns associated with intermediaries
In preparing India for its G20 Presidency, domestic standards must be strengthened to reflect globally. The chaotic nature of the Global Digital Infrastructure requires a champion in standard setting and developing regulatory frameworks. India and Canada, both founding members of the Global Partnership on AI with the OECD may influence the multilateral system.
Trade patterns are influenced by geography. To facilitate strong trade relations and strengthen domestic economies, India & Canada must leverage ASEAN through the digital shift and build on beneficial relations with nations amidst the coercive behaviour of hegemonic powers.
Start-ups are the latest entrants in the defence manufacturing sector. They are getting a bigger role through the Innovations in Defence Excellence programme. The technologies being developed by them will add to the Indian military’s operational and combat capabilities. But beyond the obvious market for the defence forces, there is also the huge homeland security market, in India and abroad which the start-ups can tap into.
Dr. Chaitanya Giri, Fellow, Space & Ocean Studies Programme, Gateway House was in conversation with Manjeet Kripalani, Executive Director, Gateway House on, India's Space Sector reform: An Opportunity for Business.