Courtesy: TDB
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.
Courtesy: Gateway House
The Indo-Pacific has become an important part of global geopolitics in the recent past, with several great powers implementing concerted Indo-Pacific policies to create economic, social and security linkages with the region. India can use its development experience and futuristic technology to secure stability and prosperity. This compendium of essays explores the comprehensive role that India can play in the Indo-Pacific, from energy and environment, to trade, security, technology and a vibrant diaspora.
Courtesy: Blaise Fernandes
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.
Courtesy: Gateway House
China has been steadily increasing its influence within the United Nations using a combination of increased funding, strategically placing its key officials and selecting the most influential agencies and bodies to lead. The clusters of agencies headed by China are directly and indirectly linked to its domestic agendas like the Belt and Road Initiative, Make in China 2025 and the rise of Chinese companies. The world is just starting to take notice - and so must India.
Courtesy: Gateway House
Israel and the U.S. have become India's top arms suppliers, with companies from these countries participating in the 'Make in India' initiative. These robust defence partnerships can be elevated, by inserting India into the U.S.-Israel defence technology cooperation corridor. What are the geopolitical and domestic limitations that India must tackle in this effort? What benefit will the U.S. and Israel gain from a partnership with India? This paper studies the U.S.-Israel defence technology corridor, and suggests potential collaborations for India. It recommends the three innovation hubs, Silicon Valley, Tel Aviv and Bengaluru, coming together to maximise their respective strengths and declared national technology priorities.
Courtesy: Gateway House
Digital manufacturing is the next wave of business globalisation, which, post-pandemic is not just blind automation to save costs but the smart use of digital tools to modernise industry and create good quality jobs. Digital manufacturing is the next leap for India’s tech leadership - the first being the software outsourcing movement in the 1990s. This time around, government incentives are aligning with industry interests. It offers India a chance to reposition itself globally, and play a leadership role.
Courtesy: Gateway House
India’s investments in energy thus far have concentrated on buying stakes in oilfields in developing countries often at the risk of political unpredictability. With oil prices, and therefore oil company values, falling – India should revise this strategy and aim for better value and lower risk by making investments in companies in the developed world. This paper recommends investing in oil and gas assets in energy-rich developed countries like the U.S., Canada and Australia, to reduce India's vulnerability to future increases in energy prices. These should be made via a sovereign wealth fund (SWF), not the national oil companies. The SWF will be best served by acting as a financial investor, acquiring, only minority stakes, rather than aiming for management control.
Courtesy: Gateway House
Cross-border infrastructure has been influencing the geopolitics of Asia, specifically South Asia. Since 2014, India has been investing in trilateral and multilateral infrastructure projects, in its coastal and inland neighbourhood. This paper argues that making environmental security a parameter for developing cross border sustainable infrastructure, will provide a unique opportunity for India to develop norms for environmental and social security policy, training assistance, and capacity-building in the projects it funds abroad.
Courtesy: Gateway House
The 20th meeting of the Council of the Shanghai Cooperation Organization (SCO) Heads of States was held virtually on 10th November, 2020. The meeting precedes the SCO Summit to be hosted by India at the end of this month, and for which preparations have been on through the year. In this compendium of three essays, Gateway House assesses the potential for deepening economic cooperation between India & SCO, asks whether the SCO Charter needs dynamism and revision, and traces the roots of the regions's Buddhist presence, back to India.
Courtesy: Gateway House
The delivery of five Rafale fighter jets this week demonstrates the continued upgrading of India’s military capabilities. A key part of this process has been the building of a domestic defence-industrial base by promoting participation of the private sector. Bringing certainty to defence procurement, monitoring emerging technologies and joining hands with like-minded countries, will play a critical role in taking this forward.