The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand, is strategically positioned to become a significant economic power in South and Southeast Asia. In 2023, the region’s collective trade of goods reached a substantial USD 1,863 billion,…
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India and Africa: Partners in Progress and Prosperity
Africa, one of the world’s fastest-growing regions over the past decade, is poised for remarkable economic growth. By 2030, the continent will be home to nearly 1.7 billion people and an estimated USD 6.7 trillion in consumer and business spending. This demographic expansion presents a burgeoning consumer base and a…
Reshaping the Future of ADR in India through Integration of Technology and Institutional Arbitration
Alternative Dispute Resolution (ADR) mechanisms, such as arbitration, mediation, and conciliation, have long been recognized as effective means for resolving disputes without resorting to litigation. The integration of technology and institutional arbitration stands at the forefront of this transformation, offering unprecedented opportunities to improve efficiency, transparency, and effectiveness in the…
‘Har Ghar Tiranga’: A Celebration of Unity and Patriotism
As India celebrates its 78th Independence Day, the nation once again prepares to witness the beautiful spectacle of our ‘Tiranga’ fluttering in every corner. The “Har Ghar Tiranga” campaign, an initiative by the Government of India, has captured the imagination of millions, transforming homes, offices, and institutions into symbols of…
BIMSTEC: A Regional Opportunity to Mitigate Environmental and Climate Change
The region surrounding the Bay of Bengal has a diverse natural legacy, including mountains, plains, estuaries, and marine ecosystems. However, climate change and environmental degradation pose a growing threat to these natural assets. BIMSTEC provides a key venue for these countries to engage on climate change mitigation, natural resource conservation,…
A strategy for securing critical minerals
Advanced materials, critical minerals and metals are revolutionising nations’ progress as they are widely employed in both industrial and strategic sectors. From renewable energy to electronics and healthcare, these materials are essential for innovation and play a crucial role in addressing key socio-economic challenges, such as climate change and improved…
Digital Public Infrastructure: A Fertile Ground for Indian Agriculture
India’s agricultural industry, which is the backbone of the country’s economy, has long faced issues such as low productivity and market volatility. To overcome these difficulties and usher in a new era of agricultural prosperity, the government’s initiative to establish Digital Public Infrastructure (DPI) is noteworthy. Agri Stack InitiativeFinance Minister…
Handlooms in the Digital Age: How Technology is Transforming Traditional Weaving
Handloom weaving, with its intricate patterns and rich cultural heritage, has been an important element of India’s textile industry for generations. Handloom weaving has traditionally been a labor-intensive process involving manual weaving on looms, with techniques often passed down through generations. However, as we go through the digital age, technology…
Empowering Artisans: The Role of Handlooms in Rural Development
Handlooms play a distinctive role in India’s cultural and economic fabric. They have been a staple of rural life for ages, rooted in tradition and sustainability. The handloom sector is not only a symbol of India’s rich past, but it is also a key engine of rural development, creating jobs,…
India as a Global MedTech Hub: Progress and the Road Ahead
India is rapidly emerging as a global hub for medical technology, ranking as the 4th largest MedTech market in Asia and among the top 20 globally. The sector is projected to reach USD 50 billion by 2025, driven by an increasing demand for healthcare services, a growing elderly population, and…