Courtesy: indiagiftspoint.com
For too long, India's intellectual elite and foreign policy establishment have ignored economic statecraft, focusing instead on the immediacy of security and political diplomacy. Now with Narendra Modi, a focused push to gain lost ground seems likely - and Indian business can play a vital role.
Courtesy: wikimediacommons
Even small Indian IT companies have managed to succeed in the Latin American market. Understanding the local culture is one of the main keys to success as illustrated in the case of Mann India Technologies, which was one of the earliest Indian entrants in the Latin American IT market.
Courtesy: RBI
RBI’s second bi-monthly policy did not raise interest rates, as was expected. But, away from the noise on repo rates, the policy has two critical pivots: an emphasis on making liquidity available for credit expansion and, more importantly, managing inflationary expectations through upbeat language
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The Narendra Modi government has made the North East a developmental and foreign policy priority. Gateway House has conceived a robust regional economic plan called the “Seven Sisters’ Corridor” that can be the template for a new North East.
Courtesy: Google Maps
An underwater gas pipeline project connecting Oman with India’s west coast is being resurrected. Several factors explain the renewed interest, including the relaxing of sanctions against Iran and India’s need to counter-balance geopolitical and security considerations dogging other land-based projects
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Government of Brazil/Wikimedia Commons
Brazil’s advantages – including resources of oil and gas, no historical baggage, an absence of terrorism and military conflicts – and regional leadership, make it a potential global power. But it also has to tackle many challenges in the medium-term, such as poverty, poor infrastructure, healthcare and education
Courtesy: Ministry of External Affairs
India is the largest producer, consumer and importer of pulses in the world, and a large consumer of edible oils. To meet its growing demand, India can build a long-term partnership with Argentina for regular supplies – Argentina produces these commodities abundantly and has relevant agribusiness expertise
Courtesy: www.narendramodi.in
The burgeoning trade between the state of Gujarat and Latin America has ensured that Narendra Modi’s campaign is closely followed in Latin America. The new government in India must build on this engagement, which will help address India’s energy, food and investment needs
Courtesy: Lupin World
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month