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India’s recalibration of its approach to Chinese investments marks an important moment in the evolution of India-China economic ties. The revised framework under Press Note 3 (PN3) signals a pragmatic attempt to balance India’s strategic and security considerations with the economic opportunities that carefully structured investment from China could bring.…

A profound geopolitical churn is fundamentally reshaping the global security architecture. This has led to re-strategising and positioning by nations to effectively safeguard their security environment and defence supply chains.  For example, Europe, responding to a radically changed security environment, has launched an unprecedented defence industrial push through the ‘Readiness…

For decades, infrastructure in India has followed a familiar cycle. The government builds an asset—a highway, a transmission line or a port terminal. The asset stabilises, begins generating steady revenue and then quietly recedes into the background of the public balance sheet. Its economic value remains locked in long-term cash…

India’s recent global trade strategy aims to boost exports and strengthen its position as a leading global trade partner. This has resulted in ambitious free trade agreements and a stronger presence in key international economic forums. In 2023, India updated its Foreign Trade Policy (FTP) with the goal of increasing…

Artificial Intelligence (AI) is reshaping global industry at a pace that rivals the great industrial revolutions of the past. It is transforming how products are designed, how supply chains operate and how services are delivered. In the AI era, industrial disruption refers to the shift from traditional product models to…

India’s budget for 2026-27 has been presented at a time when the global landscape is being reshaped by geopolitical fragmentation, supply chain reconfiguration, rising protectionism and unprecedented trade-policy uncertainty. Given the global backdrop, the budget reflects a clear strategy of sustaining India’s development agenda while addressing emerging vulnerabilities and transforming…

Budget 2026-27 is a defining statement of continuity, credibility, and confidence. It reaffirms India’s commitment to stability, prudence, and reform-led growth with the overarching theme of Viksit Bharat. The ninth consecutive Budget presented by Finance Minister Nirmala Sitharaman consolidates the nation’s economic gains of the past decade and pivots towards…

The Union Budget 2026-27, presented in Parliament by finance minister Nirmala Sitharaman on Sunday (marking yet another first), addresses India’s immediate economic priorities while maintaining a firm focus on the country’s long-term development objectives. In a period of global uncertainty and shifting economic priorities, the Budget balances growth with fiscal…

The Union Budget 2026-27 arrives at a seminal moment for India’s industrial trajectory. As global supply networks undergo a fundamental recalibration, the imperative for India has shifted. We are no longer just a participant; we are becoming a central architect of global manufacturing and trade. This evolution is already validated…

Over the past decade, the government’s policy actions have enabled the economy to combine stability with sustained growth of around 7%, moderate inflation and a steady path of fiscal consolidation. Nonetheless, even amid the ‘Goldilocks’ phase that India is currently enjoying, the risks emanating from weakening multilateralism, fragmented trade, disrupted…