#2017/2016, #February 2017, #Last Word

Outbound FDI from India will increasingly be driven by a need to fill knowledge and product gaps aimed at the domestic market.

Finance Minister Arun Jaitley has greased the wheels of the investment cycle with allocations of almost $90 billion for building roads, railway infrastructure, inland waterways, ports, airports and rural infrastructure for 2017-18. This massive public spending spree, marking a humungous increase over the figures for the current year, is expected to translate into large contracts for Indian and foreign companies.

#2017/2016, #February 2017, #Go Global

One of India’s leading international businessmen traces the factors behind India’s natural instinct towards going global.

The question isn’t whether India can turn global; it is how quickly will India be accepted among the leading nations in the world.

Global trade and business is not new for India. The past is replete with examples of India’s contribution to world trade; in fact, India actually taught the world how to trade, be it spices or fibres or cotton yarn.
In the year when the British came into India – India as a single entity accounted for 21 per cent of world trade. Great Britain was then doing one per cent of world trade. In 1947, when it left India, Britain was doing 21 per cent world trade and India made up 1 per cent!

#2017/2016, #February 2017, #Go Global

India Inc. has envisioned its first-ever Go Global Expo & Conference 2017 as a hub for Indian companies on a decisive global expansion march as well as new start-ups ready for the leap. Here ‘India Global Business’ delves into the high-profile launch of the event in New Delhi.

There was a time barely two centuries ago, when India accounted for 21 per cent of global trade and Great Britain barely 1 per cent. At the height of the British Empire, this relative ratio had been turned on its head, with the United Kingdom as the most dominant trading nation in the world with more than a one-fifth share of world trade and India reduced to a peripheral player with only a 1 per cent share.

#2017/2016, #Hotspot, #February 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.

#2017/2016, #India-US, #Yearend 2016

India will do well to take the initiative in correcting the anomalous situation of Indo-US B2B relations and take some immediate steps to project itself as a willing and receptive partner for a Trump presidency, writes a foreign policy expert.

Donald Trump, the first billionaire, to have been elected POTUS, defied all pollsters’ forecasts and cleavages in the Republican party by striking a chord with US voters anxious about their future in a rapidly changing world.

#2017/2016, #Yearend 2016, #South Asia

India’s proactive Act East policy hinges heavily on the ASEAN free trade group and it is the many emerging economies in this collective that offer growth opportunities for Indian companies.

The Association of South-East Asian Nations (ASEAN) comprises of the Philippines, Indonesia, Singapore, Malaysia, Brunei, Thailand, Cambodia, Laos, Myanmar and Vietnam. India’s focus on a strengthened and multi-faceted relationship with ASEAN was reinvigorated at the 12th ASEAN India Summit in Nay Pyi Taw, Myanmar, in November 2014, when Prime Minister Narendra Modi formally flagged up the Act East Policy.

#2017/2016, #Yearend 2016, #India-EU

The chief executive of Brussels-based trade group Eurochambres analyses whether the traditional trade agreement format is viable any more when it comes to India’s relationship with the European Union (EU).

India has become the world’s fastest-growing large economy. It is the world’s seventh-largest economy in terms of gross domestic product (GDP), overtaking the G7 members Canada and Italy as well as Brazil. In 2015 India’s economy expanded despite agriculture facing a second consecutive drought year, with the Asian Development Bank (ADB) estimating in July 2016 that the Indian economy was on track to meet its projected growth target of 7.4 per cent in 2016-17, supported by brisk consumer spending and an uptick in the rural economy.

#Putting it in Context, #2017/2016, #Yearend 2016

The year that began with lots of hope is drawing to a close on a note of concern and some cautious optimism. In between, there was shock, some not so pleasant surprises and renewed promise of a better future. It’s always a huge risk to pre-judge history but I think I’ll still go out on a limb and declare that when the definitive history of globalisation is written, 2016 will stand out as the year in which the idea of the flat world, the global village and the credo of freer and fairer markets and open borders (for trade in goods at least) suffered several body blows.