Since the war with Ukraine, Russia is grappling with a major labour shortage in its industrial hubs and plans to bring in up to one million foreign workers, including Indians. The shortfall could widen to 3.1 million workers by 2030, says Russian Labour Ministry. To address the gap, the ministry wants to increase the quota for qualified foreign workersContinue reading “Russia Needs Skilled Workforce – Old Friend India, Best to Make Good Shortages”
Category Archives: Economic Connectivity
Indian Government’s Strategy to Reduce Key Foreign Dependencies
India has some major import dependencies that include energy, electronics, and critical minerals. While India has a large agricultural sector, it also imports significant amounts of agricultural commodities like pulses. India needs certain fermentation-based active pharmaceutical ingredients (APIs). Economically, China is the largest supplier of imports to India, followed by countries like Russia and theContinue reading “Indian Government’s Strategy to Reduce Key Foreign Dependencies”
China Opens ‘Arctic Express’ Shipping Route – Need to Push Indian Maritime Corridors
Ningbo-Zhoushan Port in Zhejiang province of China launched the world’s first China–Europe Arctic Express in September, achieving the “Polar Silk Road” vision with a record 18-day transit. The container vessel “Istanbul Bridge” set off from Beiyi Container Terminal on its maiden voyage to Felixstowe, the largest container port in the United Kingdom. This new routeContinue reading “China Opens ‘Arctic Express’ Shipping Route – Need to Push Indian Maritime Corridors”
