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Improved transport networks and faster clearances could allow India to challenge Vietnam and Malaysia more strongly. The path forward demands reforms, faster execution and sustained policy clarity. India lags behind countries such as China and Singapore on this front. Perceptions around corruption and institutional stability have also pulled scores down. High logistics costs and complex tax compliance continue to create pressure for manufacturers.
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- The map shows which European countries saw an increase in population, and which saw a decrease in the year from July 2022 to 2023.
- Electrification increases efficiency and reduces primary energy demand for the same economic output.
Diesel demand, in particular, came under pressure as efficiency improved and electrification expanded. Remember, this is against a backdrop of 5% growth in GDP, so this is not a story of economic malaise, but economic restructuring. Another dimension to the electrotech revolution is manufacturing opportunities. The transition from fossil fuels to electrotech is a transition from extraction to manufacturing – a shift that favours Asia in general and India in particular. If any country has the scale, capital and economic dynamism to become a major electrotech manufacturer alongside China, it is India. In the race to curb oil imports, India is already far ahead of where China was at the same stage of development.
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The result was not just cleaner electricity but a structural change in dispatch, where fossil plants ran less often and at lower utilization. Coal generation is declining in absolute terms in both China and India even as electricity demand grows. Heavy freight, once considered unelectrifiable at scale, has crossed a majority threshold in the world’s largest truck market.
While M&A sales decreased across most industries, they rose sharply in semiconductors and telecommunications, it said. Other countries offer valuable lessons in managing economic dependence on China through a strategy of «de-risking» rather than complete decoupling. India requires a pragmatic, strategic approach, balancing economic needs with strategic imperatives, aiming for balanced interdependence over dependency. India’s deep reliance on China across various sectors, including critical industries, makes it highly vulnerable to supply chain disruptions. UPSC 2019 “China is using its economic relations and positive trade surplus as tools to develop potential military power status in Asia.” In the light of this statement, discuss its impact on India as her neighbour.
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Turning next to the competition between electricity and fossil fuels to provide final energy. Electricity has reached 20% of final energy at just 4 gigajoules (GJ) of coal per capita, versus 24 GJ when China crossed the same threshold. At a similar level of development, India has reached the same milestone using roughly one-sixth of the coal. It is more reasonable to compare the two countries at equivalent levels of development.
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Visuals from Indira Gandhi International Airport show operations continuing under heightened monitoring after Ethiopia’s Hayli Gubbi volcano erupted on Sunday, sending ash clouds drifting across parts of West Asia. «The Chinese side has received the invitation from the US,» Reuters reported, quoting Guo Jiakun, a spokesperson at the Chinese foreign ministry, while speaking at a regular news conference. India has intensified scrutiny of Chinese technology and infrastructure investments, banned dozens of Chinese apps, and maintained strict regulatory oversight over the telecom and electronics sectors.