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
Since the US is not a member of RCEP, the collaborative approach of the US and India will pose a big challenge to RCEP, which falls under Chinese influence, writes S. Majumder for South Asia Monitor
Currently, the total trade between India and China is exchanged through US dollar per se. As the Chinese yuan is not a global currency, it is more stable than the US dollar, writes S. Majumder for South Asia Monitor
As China is the biggest trading partner of India as well as Russia, its yuan has significant economic and trade potential to mediate the rupee-ruble rate, writes S. Majumder for South Asia Monitor
The Japan Bank for International Cooperation listed India as the most attractive investment destination, yet Prime Minister Fumio Kishida’s visit to Delhi failed to generate that investment buzz, writes S. Majumder for South Asia Monitor
Given the meager oil dependency on Russia and India’s past experience to tackle global oil price shocks, the Russia-Ukraine conflict is unlikely to cause any major impact on the economy, writes S. Majumder for South Asia Monitor
