Digital Public Infrastructure: A Catalyst for Economic Growth In an increasingly interconnected global economy, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) stands at the forefront of creating a digital public infrastructure that serves as a catalyst for regional economic collaboration. The development of such infrastructure…
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Resurgent Africa, Rising India: A New Era of South-South Cooperation
The 19th CII India-Africa Business Conclave, held between August 20-22 in New Delhi, marked a significant milestone in the evolving partnership between a resurgent Africa and a rising India. Organised by the Confederation of Indian Industry (CII) in collaboration with the Ministry of External Affairs and the Ministry of Commerce…
AI: What Does the Future Hold?
The future of Artificial Intelligence (AI) promises profound transformations across all sectors, driving advancements that enhance automation, improve decision-making, and unlock new levels of efficiency. AI is not only an enabler for advancing current investments in technology and innovation but also a significant contributor to economic growth. In India, AI…
Role of BIMSTEC in Creating a Regional Economic Power in Trade and Investment
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,…
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…
‘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…
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…