Global Scans · India · Weekly Summary

WHAT'S NEXT?: India's ambitions, particularly in technology and economic growth targets promise much from this populous country determined to be a world leader.

• India is on track to meet its pledge to reach 50% clean power capacity by 2030, but for the foreseeable future, most of its total electricity will come from burning coal. Yale Climate Connections
• Climate change will impose the highest social costs on India of any country, primarily due to its already-hot climate combined with its large and rapidly developing economy, whose growth will be curbed by climate damages such as extreme heat waves, droughts, and floods. Yale Climate Connections
• India accounts for 14% of global coal demand, behind only China and is expected to account for most of the increase in global coal consumption in the coming years. Yale Climate Connections
• Decisions made in India over the next few years will play a key role in global efforts to head off the most catastrophic effects of climate change. Yale Climate Connections
• The One Nation, One Election initiative holds the potential to streamline India's electoral process and enhance governance efficiency. Civilsdaily
• India is expected to have strong growth in the vegan protein powder industry, with a CAGR of 4.7% during the projected period. FMIBlog
• The Indian government is pursuing a strong electrification policy, with the aim of increasing EV sales to 30% of total vehicle sales by 2030. HYUNDAI MOTORS
• By 2100, India is projected to reach 1.45 billion and to have the second largest loss in population in 2050-2100 after China, followed by Brazil and Bangladesh, ranking the third and fourth largest losses in population, respectively. PubMed Central (PMC)
• As India continues to invest in its infrastructure and industrial sectors to drive economic growth and development, the demand for lattice boom crawler cranes is expected to remain robust in the foreseeable future. Constro Facilitator
• The International Monetary Fund projected a global economic contraction of 4.4% for the year (4.3% in the United States), with some countries, such as Italy, Spain, and India, anticipated to experience more than 10% reductions in gross domestic product. PubMed Central (PMC)
• India can project power and deter potential threats by modernizing its naval forces and acquiring more blue-water assets such as aircraft carriers, nuclear submarines, and advanced surveillance systems. The Diplomat
• Greek City Times reports India's economic growth, surpassing Germany and Japan, could make it the third-largest country by 2030, surpassing the United States and China. https://defence.newsd.in
• China's persistent GEO surveillance capabilities could be used to locate and track the naval forces of India, the United States, and their allies in the Indo-Pacific region. The Diplomat
• By working together with industry stakeholders and embracing emerging trends, we can unlock new opportunities for growth and propel India's automotive sector to even greater heights. Economic Times
• China, the US, India, Japan and Germany are projected to collectively account for over two-thirds of global connected car sales by 2030. MorungExpress
• India is a wildcard but any wheat imports from India in 2024 could add to an already tightening global wheat balance sheet down for the fifth straight year not seen since the 2015/16 marketing year. Farms.com
• India's Election Commission expressed concern that unseasonably hot weather, among other factors, could affect turnout. DNyuz
• Nestle will launch Nespresso in India in a bid to tap into growing consumer demand for premium coffee beverages. World Coffee Portal
• India's role in the (Indo-Pacific) Quad, alongside the US, Australia and Japan, shows how India is using alliances as a key element of its defence against threats from China. British Foreign Policy Group
• The Union government is expected to roll out a new test to diagnose specific learning disabilities in adults in India by the end of the year. Optimize IAS
• Although there is potential for using artificial intelligence in analyzing data and choosing treatments for personalized medicine, this technology is still early in its development in India's healthcare system. The Week
• Electricity demand is expected to continue growing rapidly in India, but strong domestic mining could limit import demand growth. Bimco
• If India balks at a crossing and continues its old bad habit of election rigging and denying Kashmiri self-determination celebrated in United Nations Security Council resolutions, then Kashmir will remain beleaguered by repression, misery and destitution. Voice of East

Last updated: 12 May 2024