Commentary

Since its introduction in 2020 in place of the earlier Defence Procurement Procedure (DPP), the Defence Acquisition Procedure (DAP) has enabled a transformation in India’s military industry, in support of the country’s national security and economic objectives.

The United States is the world’s largest recipient of FDI. From 2005-2022, the value of foreign-owned U.S. assets quadrupled, reaching a total stock basis value of approximately USD 5.39 trillion in 2023 due to a “post-pandemic boom.” Europe is currently the United States’ top foreign investor, accounting for USD 3.4 trillion (63 percent) of the

Minnesota Governor Tim Walz is a popular figure in his midwestern state – despite being relatively unknown at the national level – who has a track record of progressive policy wins. Vice President Kamala Harris likely saw Walz’s “everyman” appeal as differentiating him from career politicians and resonating with both progressives and blue-collar voters. 

 The United States and India share fundamental concerns about China and want to collaborate on defense and critical technology. The U.S.-India strategic partnership is on an upward trajectory and is expected to weather the upcoming change in U.S. leadership. 

If she is elected president, Vice President Harris is unlikely to deviate from the Biden administration’s emphasis on defense ties as essential to deterring aggression from China, Russia, and other adversaries. In the Senate, Harris served on the Intelligence and Judiciary Committees, but much of her work on the Intelligence Committee seems to have focused

 J.D. Vance was elected as the junior U.S. Senator from Ohio in 2022. He rose to prominence after the publication of Hillbilly Elegy, his 2016 memoir in which he recounts the socio-economic challenges of growing up in the American “Rust Belt” in a white, working-class, and drug-afflicted family. Prior to election, Vance served in the

The American Journal of Health-System Pharmacy found that the United States spent more than USD 722 billion on prescription drugs in 2023 – a 14 percent increase over the prior year. According to other estimates, total U.S. healthcare spending has reached roughly USD 13,500 per person, amounting to nearly double that of other wealthy countries. 

The terms “critical minerals” and “rare earths” are often used interchangeably, but they do not refer to the same substances. As outlined by the Energy Act of 2020, “critical minerals” are minerals and elements designated by the U.S. Secretary of the Interior as (1) essential to the economic and national security of the United States,

The United States is the world’s largest source and recipient of direct investment. In 2022, cumulative U.S. investments abroad totaled approximately USD 9.3 trillion, while foreign investment in U.S. enterprises amounted to USD 12.3 trillion. 

The Asia Group and Koan Advisory offer a set of targeted policy recommendations to help accelerate the growth of India’s burgeoning EV industry. The report is based on extensive consultations with private-sector stakeholders across the EV ecosystem as part of Electrify Bharat, a new thought leadership group.