Plenty of opportunity exists for trade and investment as India seeks to lessen trade dependencies, build infrastructure, and expand manufacturing capacity.
New geopolitical realities, such as Brexit and tensions with China, are pushing India and the EU to facilitate trade and investment through key agreements.
The UK-India Enhanced Trade Partnership (ETP) creates immediate opportunities for British businesses in India in F&B, life sciences, and services sector.
The EU-India Comprehensive Connectivity Partnership opens up opportunities for businesses in the digital, energy, transport, and services sectors.
The UK and India will also look to discuss cooperation on climate, defense, health, and technology besides ramping up bilateral exports and investments.
India is taking various steps to control the COVID spread as well as address major gaps in the availability of life saving healthcare facilities and drugs.
India has all the crucial elements that can be utilized to make it one of the leading manufacturing hubs, not only in Asia but globally.
We briefly look at Xinjiang-alternative sourcing destinations in South Asia, namely, India, Pakistan, and Bangladesh as well as other provinces in China.