US India Global Review 2018

CHAIRMAN AND PUBLISHER SUDHIR M. PARIKH, M.D. COO ILYAS QURESHI EXECUTIVE VICE PRESIDENT BHAILAL PATEL EDITOR ELA DUTT EXECUTIVE EDITOR SUJEET RAJAN CONTRIBUTING WRITERS C. RAJA MOHAN* CHIETIGJ BAJPAEE* SUDARSHAN RAMABADRAN* BIBHUDATTA PRADHAN* LEE SIEN LOONG* TUNCHINMANG LANGEL* LAYOUT & DESIGN AJITA KAPOOR* PETER FERREIRA* BUSINESS DEVELOPMENT MANAGER JIM GALLENTINE* ADVERTISING SHAHNAZ SHEIKH* SONIA LALWANI * SHAILU DESAI * MUSLIMA SHETHWALA * HEAD OFFICE 115 WEST 30TH STREET, #1206, NEW YORK, NY 10001 TEL: 212.675.7515 WEST COAST OFFICE 650 VERMONT AVE., SUITE 46, ANAHEIM, CALIFORNIA 92805 TEL. 661.468.3851 CHICAGO OFFICE 2652 W Devon Ave., Suite # B, Chicago, IL 60659 Ph:773.856.3345/0545/3445, WEBSITE WWW.USINDIAGLOBALREVIEW.COM US-INDIA GLOBAL REVIEW is published by Parikh Foundation For India Global Development Copyright 2017. All rights reserved. No material herein or portions thereof may be reprinted without the consent of the publisher. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily in accordance with the opinions and views of the magazine, its personnel, its agents and no liability is assumed by the publisher thereof. Advertising copy and artwork are the sole responsibility of the advertiser. No warranties, guarantees or endorsements are made by the publisher. 2 US-INDIA GLOBAL REVIEW APRIL-JUNE 2018 Dear Readers, F or long, India's foreign policy was dominated by a westward outlook, towards Pakistan strategically, and on the economic front toward the Middle East. But that is changing with Prime Minister Narendra Modi's pragmatic Act East policy that takes to new heights the fledgling Look East plan of the past sever- al years. The Act East policy's importance was highlighted by the unprece- dented honoring of presidents, prime ministers and sultan of the ten ASEAN nations on Republic Day and the summit with Prime Minister Modi. As Singapore's Prime Minister Lee Hsieng Loong, chair of ASEAN aptly says, "Today, ASEAN and India enjoy multi-faceted cooperation across ASEAN's political-security, economic and socio-cultural pillars," and if both sides use these links to face challenges, "our youth and next generation stand to gain the most." This Act East policy also fits in with the U.S. strategy of a quadrilateral alliance with Australia, Japan, the U.S. and India as leaders in the Indo-Pacific region. This issue looks at ASEAN and its relationship to India. Starting off with the highlights of an authoritative KPMG report on the state of India-ASEAN relations, which the Federation of Indian Chambers of Commerce kindly gave us permission to use, we bring readers a series of articles on the different aspects of the relationship, including a commentary by Indian strategic thinker C. Raja Mohan, director of Carnegie India; an exclusive analysis by Chietigj Bajpaee, a scholar at the Department of War Studies, King's College, U.K. Bringing us up-to-date on the relations to the New Delhi Summit of Jan. 25, is our Editor Ela Dutt (Eastward Ho!). India is also forging deeper connections in the West as apparent in the important visit of Israel's Prime Minister Benjamin Netanyahu, and what it means for India's defense, econo- my, and counterterrorism. Modi was also fittingly, the keynote speaker at the opening plena- ry session of the Davos World Economic Forum, where President Donald Trump ended the conference with his address. These leaders of the largest and the oldest democracies, advocated for policies defined by national interest, but Modi came out as also the champion of globalization, ready to take on the mantle of leadership in an increasingly inward-looking international arena. The think tank launched by me, Parikh Foundation for India's Global Development, which publishes this journal, has plans to harness the intel- lectual capital of Indian-Americans and U.S. experts on India to look at India's and joint India-U.S. roles in developing new paradigms for positive change in the world. I recently had an opportunity to tell Modi about them. Our Executive Editor Sujeet Rajan looks at the muscular contribution to India's economy by Indians abroad, especially the United States, through remittances. And we are carrying an interesting take on the entrepreneurial spirit of the Indian people who can turn trash into treasure. Publisher’s Note Dr. Sudhir M. Parikh (Dr. Sudhir M. Parikh is Founder & Chairman, Parikh Foundation For India’s Global Development and Parikh Worldwide Media. Dr. Parikh is a recipient of the Padma Shri, 2010) US-INDIA GLOBALREVIEW