The India-U.K. Comprehensive Economic and Trade Agreement (CETA), which came into force on July 15, marks a pivotal moment in the evolution of bilateral ties. More than a conventional tariff-reduction pact, the agreement reflects a strategic alignment between two major democracies seeking to recalibrate their economic engagement in a rapidly…
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Inside India’s PLI Story and the Atmanirbhar Bharat Playbook
The Production Linked Incentive (PLI) has emerged as a cornerstone of India’s 21st-century industrial policy. Launched in 2020 as a part of the broader Atmanirbhar Bharat Mission, it is establishing the nation as a leading global manufacturing hub by promoting innovation, enhancing efficiency, and boosting competitiveness across critical industries. By…
Fostering India-Japan Ties
The India-Japan relationship has significantly matured. Over time, it has evolved from a standard bilateral partnership to a Special Strategic and Global Partnership. With Japanese Prime Minister Sanae Takaichi on a visit to India, understanding the nuances of this bilateral partnership is more crucial than ever. A significant aspect of…
From Grassroots to Growth: Building an Inclusive India Through Local Innovation
India’s greatest strength lies in its grassroots communities, where local innovators continue to address everyday challenges through indigenous knowledge, traditional skills, and practical, need-based solutions. Spread across rural villages, small towns, and tier-2 and tier-3 cities, these innovators possess immense potential to generate livelihoods, strengthen local economies, and drive inclusive…
India’s Trade Diplomacy Rewriting Its Place in the Global Economy
Today, the global economic order is undergoing a profound change. We are moving from the era of hyper-globalization, characterized by deeply integrated supply chains and borderless trades, to a more fragmented landscape defined by strategic partnerships, economic security concerns, and a regional framework. Amid this shift, India has now emerged…
State Finances in Transition: Deficits, Debt, and Fiscal Space
State governments anchor India’s fiscal architecture, with combined expenditure exceeding the Centre’s. Their fiscal position has a direct bearing on development outcomes, macroeconomic stability, and cooperative federalism. After the pandemic-induced spike in fiscal deficit (around 4.1 per cent of GDP in 2020–21), states consolidated, with deficits falling below 3 per…
India’s Concert Economy: The Rise of Live Entertainment
India has a vast untapped potential of the live entertainment sector which can play a key role in being a key driver of employment, investment, tourism, and India’s cultural and global influence. What was once a fragmented, brand-led market has rapidly matured into a thriving ecosystem to become a vital…
Enabling Enterprises, Accelerating Growth and Developing Strong Economic Ties with the World: Twelve Years of India’s Reform Journey
Over the past twelve years, India’s economic transformation has been defined by a clear and consistent policy direction—moving from complexity to coherence, from informality to formalisation, and from incremental improvements to systemic change. For Indian industry, this period has not only reduced structural bottlenecks but has also created the conditions…
CII’s Special Recognition of Law Firms for IP Excellence – under the CII Industrial IP Awards 2026
In an innovation-driven economy, intellectual property is no longer a back-end legal safeguard; it is a strategic enabler of growth, competitiveness, and value creation. Behind every robust patent portfolio, every well-managed prosecution strategy, and every carefully defended right lies the work of legal professionals who translate inventive activity into protected…
Bridging the Gap Between Trade Agreements and Trade Outcomes in India
India’s trade agreements can broadly be classified into three epochs – early regional orientation starting with the Bangkok Agreement (now APTA) in 19751, agreements with the Asian and South American economies through bilateral and multilateral deals over 2004 – 2011, and the latest round of agreements starting 2021. Since 2021, India has finalised 8 trade agreements covering 37 countries and announced a trade deal with the USA. India is also reported to…