Global India Insights
ASEAN-India Summit Advances Economic Partnerships
The 21st ASEAN-India Summit in October 2024 marked a decade of India’s “Act East Policy.” Bilateral trade between India and ASEAN reached $122.67 billion in 2023-24, with a focus on enhancing digital trade, supply chains, and sustainable developme
India-Italy Collaboration
India and Italy recently enhanced their bilateral partnership through the adoption of the India-Italy Joint Strategic Action Plan 2025-2029, announced during the G20 Summit in Rio deJaneiro in November 2024
Boost for India-Australia Academic Ties
Queensland and Indian institutions, including IITs and Symbiosis University, are fostering cross-border partnerships. Initiatives include joint research in space, climate change, and aviation, supported by the National Education Policy 2020 to internationalize Indian higher education.
India-US Expand Strategic Partnership
The US and India continue to deepen ties in trade and technology. Notable advancements include collaborations in defense, critical minerals, and green energy, reflecting growing mutual investments in these sectors.
Indo-Japanese Collaboration in Smart Manufacturing
India and Japan signed agreements to develop smart manufacturing hubs, emphasizing Industry 4.0 and technology transfer. Japanese investments in India have surged in sectors like infrastructure and automotive.
FDI in India Hits a Milestone
India attracted $83 billion in foreign direct investments during 2023-24, with key inflows from the US, Singapore, and Japan. The government’s Production Linked Incentive (PLI) schemes were pivotal in driving investments in manufacturing and renewable energy
Pravasi Bharatiya Divas 2025
Pravasi Bharatiya Divas (PBD), celebrated annually on January 9th, honors the contributions of the overseas Indian community to India’s development. Serving as a platform for engagement, PBD facilitates dialogue between the Indian government and the diaspora, fostering opportunities for trade and investment. Through seminars, discussions, and networking events, it encourages Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) to invest in India’s economic growth. The event also highlights the diaspora’s role in shaping a developed India through global collaboration.
Aero India 2025
Aero India 2025, scheduled from February 10 to 14 at Bengaluru’s Yelahanka Air Force Station, is set to be Asia’s premier aerospace and defense exhibition. Themed “The Runway to a Billion Opportunities,” the event aims to foster global partnerships and promote indigenization in the aerospace sector. The first three days are designated for business engagements, providing a platform for Indian and foreign companies to collaborate.
Foreign companies participating in Aero India 2025 can explore opportunities in India’s defense sector, which is undergoing significant modernization. The event facilitates interactions with Indian firms, enabling technology transfers and joint ventures that align with India’s “Make in India” initiative. Over 250 partnerships, including 201 MoUs and other major announcements at Aero India 2025.