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.
To be self-reliant in defense manufacturing and produce the appropriate technology, India must focus on long-term R&D-oriented planning. Recent government initiatives like Make in India and Aatmanirbhar Bharat are bringing the necessary change.
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.
Following the lead set by the U.S. and Israel, India is now tapping its domestic start-up ecosystem for technological innovation and self-reliance in defence. Indian entrepreneurs are developing niche technologies which will boost the Indian military’s combat capabilities. They are also enabling the much-needed commercial synergy with Silicon Valley venture firms.
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.
Start-ups are the latest entrants in the defence manufacturing sector. They have greater access through the Innovations in Defence Excellence programme. The technologies developed by them will add to the Indian military’s operational and combat capabilities. Beyond the obvious market for the defence forces, there is also the huge homeland security market in India and abroad for the start-ups.
The delivery of five Rafale fighter jets last month is a big boost for Indian military capacity. The government's recent ban on the import of 101 defence items is a major step forward in building domestic defence-industrial capabilities. Partnering with like-minded diplomatic partners and adopting emerging technologies will help India in this endeavour.
Globalisation has resulted in the interdependence of nations through the largely unimpeded transmission of investment capital and information, and integrated business operations. The leading beneficiaries have been the global 1%, and China. While it is too late and not possible to roll back an interconnected world order, globalization as we know it will recede, as will China’s standing in the world.
The reason for the two countries’ continued good relationship? They share strategic interests and universal values even if they have divergent ways of thinking
It has been ten months since India and Germany signed an agreement to partner in developing three smart cities. The government now seriously needs to move beyond slogans and aspirations and start addressing the more pressing issues specific to smart city development. Then only will the Modi-Merkel diplomacy be viewed as a success at home.