Via The Hindustan Times, a report that India is planning a rail linkage of Iran and Afghanistan: “…In a bold move to assert itself in the Af-Pak region and reduce Pakistan’s room for manoeuvre, India is finalising a plan to construct a 900-km railway line that will connect Chabahar port in Iran, being built with […]
Read more »Via The Financial Times, an interesting article on the global competition for access to Afghanistan’s iron deposits: “…India is well-versed in resource diplomacy. Just a day after the Pentagon published projections for Afghanistan’s mineral fortune last year, New Delhi called itself Kabul’s ‘natural ally’ and set up ministerial meetings. Now, less than a year later, […]
Read more »Via The Financial Times, an article on India’s Oil and Natural Gas Corporation’s quest for Russian oil assets, in particular its consideration of an equity tie-up with Sistema, Russia’s fastest growing oil company. As the report notes: “…ONGC has made no secret of its desire to acquire Russian oil assets to ease India’s dependence on […]
Read more »Via Bloomberg, a report that Indian entrepreneurs and investors are actively investing in Africa. As the article notes: “…Indian billionaire Ravi Ruia flew to Africa every month for the past 18 months, buying coal mines in Mozambique, half an oil refinery in Kenya and a call center in South Africa for his Essar Group. This […]
Read more »Courtesy of The Financial Times, an interesting look at India’s efforts to cultivate emerging markets of its own, such as Oman. As the article notes: “…While Indian companies struggle to expand in neighbouring countries in south Asia, they are making considerable headway in the Gulf and Africa. Unlike their Chinese counterparts, many do so without […]
Read more »Via Bloomberg, an interesting report on Indian Oil Corporation’s plans to acquire oilfields in Africa as part of a $1 billion overseas investment strategy. As the article notes: “…Africa is top of our list to buy assets because it is near India and has good quality crude,” Brij Mohan Bansal said in an interview at […]
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