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    South Asia Scan

    Review of key social, political, economic and strategic changes in South Asia​​​

    Title: Emerging Markets And Opportunities From India’s Clean Energy Initiatives
    Author/s: Sabarish Elango, Deepak Yadav, Akash Gupta, Harsha Rao, Hemant Mallya, Akanksha Tyagi, Disha Agarwal
    Abstract: India is today among the world’s largest energy consumers and will continue growing its energy demand for at least the next two decades. The steady economic growth and development are supported primarily by imported energy in the form of crude oil, coal and natural gas. The import share is expected to increase as the domestic supply cannot match the demand growth.

    In 2021, 35 of the top 50 most polluted cities in the world were in India and the country is under increased pressure to switch to cleaner fuels. The need for emissions reduction to counteract global warming is increasingly dire. The Indian power sector and industry are heavily reliant on coal and oil products for energy, being among the most emission-intensive in the world.

    This edition of the South Asia Scan examines four key sectors in India’s energy transition – renewable power, natural gas, bioenergy and green hydrogen. The current status and potential for growth in each sector are explored, along with initiatives taken by the Indian government and the private sector to stimulate development. The Scan also studies the potential for foreign investment and collaboration in each sector and the overall challenges and risks the country faces during the energy transition.
    Date: 28 December 2022
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    Title: Growing with Two Giants – A Mixed Blessing for Bangladesh
    Author/s: Mohammad Masudur Rahman
    Abstract: Bangladesh has emerged as a regional gateway for South Asia and Southeast Asia and plays an important role in global supply chains. It is one of the most rapidly growing economies in Asia, with an average growth rate of about 6.5 per cent over the past few decades. The country’s next-door neighbours are two giants – India and China – which are emerging superpowers on the international stage. Both countries have their respective geopolitical interests in South Asia. Given the context, Bangladesh should maintain good working relations with India and China for its sustainable economic growth. At the same time, it should attract foreign direct investment from other markets integrating with the East Asian countries, as Dhaka has both geopolitical and economic advantages in the Asia Pacific region. Bangladesh should cultivate and use this unique position to its advantage through tactful involvement in trade and investment with both countries.

    In this edition of the South Asia Scan, the author deliberates on how Bangladesh should balance between these two giants and capitalise on its trade and investment.
    Date: 25 August 2022
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