Since 1947, India has had a proud record of development cooperation. It began even though it was newly independent and itself developing, but created a camaraderie with movements in other emerging countries. Now after 75 years, its time to move toward an FDI-led model, which will particularly help reduce the rising indebtedness in the developing world.
Amit Bhandari, Energy & Environment Fellow, Gateway House; Blaise Fernandes, President, Indian Music Industry Association; Ambika Khanna, Senior Researcher, International Law Programme, Gateway House discuss the reaction to China’s increased investment in HDFC, the depth and motive for China's investments in India, and the new FDI rules put in place by the government to protect strategic investments in the country.
'Strategic OFDI’ is outward foreign direct investment made by nations in their strategic interests. China leads the way, but the U.S. has also just announced a new agency for strategic OFDI. It will now gain increasing salience in global foreign policy.
While all eyes are currently on Greece, the UK has plans to hold a referendum on whether to exit the European Union or a "Brexit". The potential of a "Brexit" has both short and long term implications on the UK's position as a financial hub and on Indian FDI into the UK
Rapidly evolving security threats in India's neighbourhood and a number of accidents means it is critical for India to invest in the modernisation as well as the indigenisation of India's rapidly obsolescing defence equipment. This policy perspective provides recommendations on what role Indian private sector can play in the modernisation of India's defence sector
Pressure for a unified public procurement framework is mounting on India from both within the country and internationally. While an integrated procurement structure is necessary, a broad policy architecture must precede the framing of any legislation
With the Modi government’s focus on improving neighbourhood relations, India cannot afford delays in its aid projects in the region—especially because aid is an effective foreign policy instrument. Why are these projects getting delayed? Is the government taking remedial steps to improve India’s aid programme?
Finance minister Arun Jaitley’s 2015-16 Budget resonates only partially with Prime Minister Narendra Modi’s arc of economic diplomacy; it lacks strategic intent that could invest India with some geo-strategic heft in the years to come
During President Obama’s visit to India to attend the Republic Day parade, if he and Prime Minister Modi announce specific agreements related to the two most vibrant components of the relationship—defence and technology—it will pave the way for real progress on the September 2014 US-India joint statement.