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.
Prime Minister Narendra Modi’s foreign travels combine domestic and foreign policy to achieve India’s twin goals of national security and investment inflow. The leader-as-salesman is not new, and India is just catching up with the global norm
Neelam Deo, Director, Gateway House, reviews the three country tour and what it means for India’s relations with China, Mongolia and South Korea, going forward
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.
India has used two-way trade targets as a proxy for judging the temperature of its key bilateral and plurilateral relationships. But a deeper understanding is needed of the extent to which physical targets can help accomplish qualitative objectives
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.
Germany’s Mittelstand or medium and small companies are the heart beat of Germany’s successful economy. They will be showcased at the Hannover Fair, which Prime Minister Modi will inaugurate on April 12. It can be the perfect blueprint for his Make in India effort.