The purpose of privatisation, therefore, should not be to find a private buyer for every government-developed rocket. It should be to create an industry capable of designing, manufacturing, operating and eventually improving India's future launch vehicles.
The last thing India needs is a debate in which concerns over public intellectual property become an argument against private participation. The country is already playing catch-up with the major space powers. We cannot afford to let a legitimate debate over ownership and sharing of value become an impediment to the much-needed privatisation of the space sector.
A common BIMSTEC policy statement on digital sovereignty would give the region a clearer collective voice and a stronger negotiating footing with foreign companies. Additionally, BIMSTEC can be used to initiate a shift from U.S. cloud storage companies to regional alternatives such as TATA Communications (India) and NIPA Cloud (Thailand).
India is carving out a vital role in the global back-end chip infrastructure. Washington actively views India's rise in this sector as a strategic hedge, codifying tech cooperation through bilateral frameworks designed to shift critical supply lines away from East Asia.
The South Asia region is estimated to grow by 7.1 percent in the year 2021-22 amid the global surge in demand and targeted measures to contain the pandemic, the World Bank said in its latest report, adding the recovery, however, remains “fragile” and “uneven” across the countries in the region
Top American CEOs, who were at the forefront of galvanising the business community to help India during its COVID-19 crisis early this year, on Wednesday reflected upon the outpouring of support for their efforts to save lives
The Indian economy is open to innovation and investment, Prime Minister Narendra Modi told UAE investors, and promised to keep up the reforms momentum in the economy
India's Adani Group has signed a deal worth $700 million with the Sri Lanka Ports Authority (SLPA), the country’s state-owned port firm, and its local partner John Holdings Kneells PVC to develop and run the West Container Terminal (WCT) Port in Colombo
HCL Technologies, a multinational Indian IT firm, said it hired 1,000 IT professionals in Sri Lanka since June last year when the company started its operations in the island nation as the Rajapaksa government has been pushing the sector in which it sees great growth potential
The United States and India will co-host the fourth annual Indo-Pacific Business Forum (IPBF) October 28- 29 that will bring together leaders in government, industry, media, and non-profits from across the Indo-Pacific, a White House statement said Friday on the occasion of the Quad Summit
India's Defence Ministry on Friday inked a nearly Rs 20,000-crore (USD 2.7 mn) deal with Airbus Defence and Space, Spain to procure 56 C-295 medium transport aircraft which will replace the ageing Avro-748 planes of the Indian Air Force
India has great potential for attracting investments and manufacturing under the various programmes introduced by Prime Minister Narendra Modi as companies try to diversify their global footprints, according to hi-tech CEOs who met him in Washington Thursday
Prime Minister Narendra Modi started his campaign to welcome more investments and enterprise creation in India with a meeting with wireless technology giant Qualcomm CEO Cristiano Amon in Washington on Thursday
Nepal will sign a deal with India for technical assistance for testing of surveillance and radar systems installed at its airports
Sri Lanka has started for the first time an airborne oil exploration survey in its seawater for potential petroleum resources, Energy Minister Udaya Gammanpila said, adding the data and other information collected from the survey will help oil investors looking to invest in the island’s energy sector
Sri Lanka’s world-renowned tea industry--accounting for almost ten percent of its total exports--is staring at a disaster, industry players believe, as they anticipate a failing crop by next month due to the blanket ban President Gotabaya Rajapaksa has put early this year on the use of chemical fertilizers
India's Minister for Road Transport and Highways Nitin Gadkari said on Tuesday that the bilateral trade between India and the US has grown from $16 billion to $ 149 billion in the last two decades
The Nepal government has hiked taxes on two-wheelers automobile in its revised budget presented recently where it proposed an increase in excise duty and road development tax, raising the likelihood of decreased sales in the coming festive seasons
India and Colombia have signed a memorandum of understanding on space cooperation and cooperation in biotechnology and pharmaceuticals
