Category: Indian economy
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Reimagining Legacy Clusters in India: From Survival to Global Relevance
Introduction: The Forgotten Backbone of Industrial India India’s legacy industrial clusters—spread across textiles, handicrafts, engineering, leather, and food processing—have historically been the backbone of employment, exports, and regional development. Yet, in a rapidly evolving global economy shaped by supply chain realignments, sustainability pressures, and technological disruption, many of these clusters…
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India and the Middle East War: An Economic Lifeline Under Stress
A Region That Quietly Powers India’s Economy For decades, the Middle East has functioned as one of the most critical external pillars of India’s economic system. The relationship is not limited to diplomacy or historical connections; it is deeply embedded in India’s energy security, migration flows, trade corridors, and financial…
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Supply Chains Under Stress: India’s Strategic Choices in the Shadow of the Middle East Crisis
A Fragile Global Supply System Modern global supply chains were built on the assumption of stability—predictable sea routes, reliable energy supplies, and relatively open trade systems. Over the last three decades, globalization allowed companies to fragment production across continents, sourcing raw materials in one country, processing them in another, and…
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When West Asia Burns, Indian Factories Feel the Shock
A Crisis Far Away That Quickly Reaches Indian Factories Geography often creates the illusion that conflicts remain local. Yet in the interconnected world economy, disturbances in one region quickly ripple through global production networks. The Middle East—or West Asia as it is often called in Indian policy discourse—remains one of…
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Rethinking India’s Growth Model: Should the Next Phase Be Manufacturing-Led?
India’s development trajectory has long puzzled economists because it diverged from the traditional pattern followed by most industrialized nations. Historically, countries moved through a sequence of structural transformation—first agriculture, then manufacturing, and finally services. Nations such as Japan, South Korea, and China followed this path, using manufacturing as the engine…
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The Middle Power Bridge: India Linking the Global South with the Industrialized World
Historical Context and Strategic Positioning India’s role as a bridge between the Global South and developed economies is rooted in both its history and its evolving economic and geopolitical position. Since the era of the Non-Aligned Movement, India has attempted to maintain strategic autonomy while advocating for the interests of…
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From Factory Floors to Smart Ecosystems: How AI and Automation Are Redefining Manufacturing Competitiveness
The Evolution of Manufacturing: From Labour Advantage to Intelligence Advantage For more than two centuries, manufacturing competitiveness has evolved through distinct phases. The early industrial revolution was powered by mechanisation and steam engines, the twentieth century by mass production and global supply chains, and the late twentieth century by labour-cost…
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The End of Cheap Globalisation: How Regional Supply Chains Are Redrawing the Industrial Map
From Hyper-Globalisation to Strategic Fragmentation For nearly three decades after the end of the Cold War, the world experienced an era often described as “cheap globalisation.” Production networks stretched across continents, trade barriers gradually declined, and multinational corporations built complex global value chains optimized primarily for cost efficiency. Manufacturing was…