Dr. Amitendu Palit's blog

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Chinese Businesses Take Interest in “Make in India”

Indian Prime Minister Narendra Modi launched the “Make in India” program in September 2014. The program aims to make India a global hub for several manufacturing and services industries. Manufacturing sectors include automobiles, automobile components, chemicals, defense manufacturing, electrical machinery, electronic systems, food processing, leather, pharmaceuticals, textiles and garments.

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China-India Sister Cities Synergies and Implications for Business

Indian Prime Minister Narendra Modi’s first official visit to China in May 2015 is expected to lay the foundation for expanding the two Asian giants’ budding model of cross-border business and people-to-people contact: the sister-city arrangement. The future growth of such arrangements already is manifest in a slew of “sister city” arrangements planned between Chinese and Indian cities. The foundations of such interactions go back to 2013 when decisions were made to connect Delhi and Beijing, Bengaluru and Chengdu, and Kolkata and Kunming as sister cities.

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Chinese Investments in India

Chinese investments into India are becoming increasingly varied with investors of various provinces from mainland China expressing interest in investment opportunities in different Indian states. Investments from Zhejiang and Shandong provinces should soon materialize in India giving a boost to India’s efforts to grow into a regional manufacturing hub through the ‘Made in India’ initiative.

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New OECD-Emerging Markets Dynamics in regards to Investor-State Dispute Settlement Provisions

Investor-State Dispute Settlement (ISDS) provisions are increasingly becoming the bane of Free Trade Agreements (FTAs). Wary at the prospect of being sued by foreign investors in special tribunals, governments are reacting against such provisions in mega-regionals like the Trans-Atlantic Trade and Investment Pact and the European Union-Canada FTA.

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Adani Coal Project in Australia and benefits for India

India's Adani Group got approval for its US$16 billion coal mining project in Queensland of Australia. The Carmichael coal project is India's biggest private investment till date in the Asia-Pacific. With six open cut pits and around five mines, the project, spread over around 30,000 hectares of land area will be the biggest in Australia. Being located close to the ecologically fragile Great Barrier Reef, the project invited the ire of environmentalists for obvious reasons. It has eventually been sanctioned with a large number of strict environmental compliance conditions.

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India’s FDI Prospects and the APEC

The euphoria over the birth of the NDB (New Development Bank) at the 6th BRICS Summit overshadowed the invitation extended by Chinese President Xi Jinping to Indian Prime Minister Narendra Modi for the APEC Leaders meeting in China in November. Mr. Modi’s presence at the meeting would significantly improve India’s prospects of joining the APEC. President Xi’s invite reflects the possibility of China supporting India’s entry. This would enhance the strategic backing India enjoys from other major APEC members like Australia, Japan, Indonesia and the USA.