India at 3 percent of global manufacturing compared to China’s 30 percent, says MEA Secretary, Economic Relations. 'Corridor will be essential for trade & supply chains after scale-up'.
In a world where global supply chains are being restructured as geopolitical uncertainties reshape trade routes, India must rethink its access points into Europe.
US-India Joint Statement validates MoU for the India-Middle East-Europe Economic Corridor. It will be taken forward, albeit under a challenging geopolitical scenario in the Middle East.
George Gerapetritis was speaking at a session on the Greece-India partnership at ORF, where he focused on expanding bilateral relations & importance of IMEC.
Indonesian envoy Ina Krisnamurthi says hoping for 'more concrete steps' on Modi's 12-point plan for ASEAN-India ties. Indian PM will be in Laos on 10-11 Oct for ASEAN-India summit.
The minister said that various initiatives including PLI scheme, Ease of Doing Business (EoDB) through FTAs and economic partnerships have boosted India's manufacturing growth story.
India, via IMEC, looks to create new route to Europe to access gas in Eastern Mediterranean & provide Southeast Asian countries an alternative partner to China to access Atlantic Ocean.
Greek PM Kyriakos Mitsotakis will be on a two-day state visit to India starting Wednesday. He will be accompanied by senior officials and a high-level business delegation.
Partners in India-Middle East-Europe Economic Corridor will need to provide guarantees and de-risk investments, given that private investors have become risk-averse in the wake of pandemic-induced disruptions.
While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.
Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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