India and Latin America

Foreign Policy Research Centre Journal (New Delhi)

July 9, 2012

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1.What are the reasons for New Delhi’s growing interest in the Latin American region?
I suppose somebody in South Block would be better suited than me to answer this question, but let me venture the following: At least one rating agency has forecast that this may well be “the Latin American decade”. As the New India partakes in what The Economic Times so enthusiastically describes as “the Global Indian Takeover”, she can hardly afford to ignore what is happening in booming Latin America. In 2011, according to UN figures, FDI in LAC reached a record US$ 153 billion, a 31 …

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