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.
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.
I was surprised when Andhra Pradesh minister Nara Lokesh and Deputy Chief Minister Pawan Kalyan advocated for Hindi—at a time when states like Tamil Nadu and Karnataka are opposing its imposition.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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