A landmark event in 2023 was the MoU with Japan’s Rapidus Corporation to establish semiconductor manufacturing in India. Backed by Japanese giants like Sony, Toyota, Kioxia, NEC, NTT, and MUFG Bank, this move could be a game-changer for India’s electronics ecosystem, which currently lacks indigenous chip…
In this context—marked by fresh US scrutiny of tariff offenders—India has a unique opportunity to step in as a more reliable and less controversial partner for the US in supply chain manufacturing. A complementary—not adversarial—partnership with China could also benefit India in tapping the US market, especially since India has incurred a…
The revival of trade relations with old friend Russia is the turning point in India’s oil dependency on the Arab world. This has strengthened India’s resilience to oil shock to a considerable extent.
China used both the ASEAN FTA and RCEP tariff concessions to enter the ASEAN market to make it a potential platform for sneaking into the Indian market through the ASEAN–India FTA.
The significance of American investment is that it plays an important role in transforming India’s industrialization and paving the path to challenge China to become the next-generation supply chain hub.
The launching of supply chain resilience in the Indo-Pacific region is another attribute of the rising interest in India. India’s strong leadership in the region evokes new opportunities to reap benefits from its low-cost hub, laden with high IT technology.
Riding the global strategic shift in manufacturing, India is on the cusp of attractive large-scale domestic and foreign investors by incentivizing supply chain manufacturing
Days are ahead when the rupee will tend to become fully convertible. Full convertibility means fully capital account convertibility in the balance of payment. It opens the market for foreign investors, businessmen and trade partners
In India over 75 per cent of electricity is generated from coal-based thermal plants. Oil accounts for less than 2 percent of electric power, writes S. Majumder for South Asia Monitor
There are several ways whereby the IPEF will outbid China in the Indo-Pacific region and outweigh India’s China dependency, writes S. Majumder for South Asia Monitor
