Synopsis: China can be countered by getting global value chains to shift here. But we have high trade costs Introduction Recently, the first in-person leaders’ summit of the Quad grouping was held. It resulted in a promising outcome that fits economic integration with the overarching strategic motive. India is an immediate beneficiary of this thrust.… Continue reading Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Tag: Tech industry
How China’s crackdown could benefit Indian tech
Synopsis: China’s move to bring its tech sector under political control has created opportunities for India to attract greater foreign investment inflows. Introduction Since late last year, China has been tightening the state’s grip on the Chinese private sector, which contributes over 60% to the gross domestic product (GDP) of the world’s second-largest economy. Xi’s… Continue reading How China’s crackdown could benefit Indian tech
India to add 3 million jobs by 2023
According to Indian Staffing Federation (ISF),the Indian tech industry will add another three million new jobs in the next five years.With this,the size of the country’s tech industry will be 7 million by 2023. These new jobs would come up in digital technology areas such as (a)artificial intelligence(AI) (b)machine learning (c)Internet of things(IOT) (d)data science… Continue reading India to add 3 million jobs by 2023