#State Focus, #Global Edition- March 2018

India’s defence budget overtook the UK for the first time in 2017 to be counted among the world’s top five.

India’s actual spend of $52.5 billion (including defence pensions) in 2017 makes it the fifth-largest in the world, overtaking the UK to reach the ‘Top 5’ slot for the first time, according to the authoritative annual ‘Military Balance 2018’ published last month by the International Institute for Strategic Studies (IISS), the London-based think-tank I work for.

#February 2017, #Hotspot, #INDIA-EU, #December 2017

With Brexit around the corner, one of Britain’s neighbours is making a play for Indian investments as a member of the European Union (EU).

Ireland has a strong proposition for any company choosing to do business in Europe. A part of the European Union (EU), the country’s impressive offering includes large and small companies, MNCs and indigenous companies, universities and research institutes in the technology, ICT, life-sciences, financial services and advanced manufacturing sectors.

#April 2017, #Special Edition – May 2017, #The Americas, #THE AMERICAS, #India-US, #December 2017

The chief of one of India’s leading trade bodies, the Confederation of Indian Industry (CII), traces some of the lesser known facts behind India’s positive impact on the US economy in this ‘India Global Business’ exclusive.

Over the past two decades, the bilateral partnership between India and the United States had grown in leaps and bounds. Looking back at the trajectory of the relationship, we have truly come a long way – from the cloud of suspicion that hung after India conducted its nuclear tests in the 1990s to the landmark US-India civil nuclear agreement in 2006 – which helped spur sustained engagements at the very highest levels – till today and the establishment of an array of official dialogues encompassing all aspects of our bilateral relationship.

#August 2017, #Middle East

Established Indian business houses as well as start-ups are investing billions in the Middle East, especially Dubai and Abu Dhabi, to leverage the global access and ease of doing business the region offers.

There are only two certainties in life, death and taxes, goes an old saying. The bonus of living, working and doing business in most Middle Eastern countries is that taxes are either non-existent or very nominal.

#August 2017, #Sector Focus/Hospitality

Indians spend an estimated $20 billion on their travels around the world, boosting local economies and creating jobs. A WTO study says this figure will rise to $60 billion by 2020, or about the same as the total FDI inflow into India last year.

Let us start with two simple quiz questions: Which Indian group has spent the largest sum of money in the US since the turn of the millennium? And ditto for Europe?

Okay, here’s are a few hints: it’s not the Tata Group, not the Aditya Vikram Birla Group and not even any overseas Indian-owned business like Arcelor Mittal.

#August 2017, #Other Highlights

Indian companies have marked out a significant presence in the large and prosperous Nigerian market. This presence will grow further as India’s public sector oil majors are expected to invest up to $15 billion in Nigeria’s oil and gas sector.

A vast majority of Indians are not aware that Nigeria is an economic powerhouse whose citizens, on average, earn $2,123 per year, 20 per cent more than India’s per capita income of $1,850.

#April 2017, #Special Edition – May 2017, #INDIA-AFRICA, #Emerging Markets

India is a crucial partner for South Africa’s economy which offers enormous trade and investment opportunities, writes an expert from the region.

South Africa and India relations are enjoying an unprecedented renaissance, founded on shared economic interests and longstanding historical ties since the latter lifted economic sanctions against South Africa after the end of apartheid.

Both countries are major players in the global economy and share a common vision of shaping the development agenda through multilateral engagements such as the Brazil, Russia, India, China, South Africa (BRICS) and the India, Brazil, South Africa (IBSA), and other related platforms.