Year 2025: India’s Economic Security and stronger ties with Argentina?
December 2024: Anish Narang, MD, Karavan Advisory Enterprises LLP meeting with H.E. Sr. Hugo Passalacqua, Governor of Misiones, Argentina in Posadas to further trade opportunities. In 2023/24, the Ministry of Mines identified 30 critical minerals crucial for India’s economic growth and national security. Although the report pointed out that India is entirely dependent on imports
Energy Transition: Lithium and Copper standing out?
“The future of mobility is electric, and we must invest in the technologies and infrastructure that will make this transition possible.” ~ Ratan Tata. Elon Musk referred to these elements as the “new oil,” highlighting their “insane” costs. The White House offered subsidies to increase supply, while European leaders also pledged financial support for related
Inflation Reduction Act, CBAM, and Trade Protectionism?
The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, 2022, is a significant piece of legislation aimed at addressing various economic and environmental issues in the United States. Given the comprehensive approach of the Biden administration, driven by the Inflation Reduction Act (IRA), the United States is poised to expand
Critical Minerals driving Modern Economy?
Critical minerals have emerged as drivers of any modern economy and India has ensured the country taps into this global opportunity through the launch of the National Critical Mineral Mission. Union Budget of India 2024-25 has proposed launching Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets.
Is Fear of China Leading to Increasing Tariffs?
Western democracies are increasingly concerned about China’s overproduction of key goods, seeing it as an effort to dominate supply chains and undercut their own industries. Battery-electric vehicles have become a major target as Chinese firms such as BYD Co. move aggressively into global markets. China remains the single largest manufacturing economy and exporter in the
American free market vs. China’s command-and-control – The role of Value Chains in EVs?
The US is somehow home to the most valuable electric vehicle producer in the world and as recently as 2016, the US had more EVs on the road than China did. Now China has raced ahead. China accounts for six-in-ten of every EV sold worldwide, it also dominates the supply chain for the critical technology