India, in turn, has displayed a statement of intent via the fine print of its 2021-2022 Union Budget that it is open for business and is removing all the bureaucratic obstacles in search of foreign investments and partners.
Methods of doing business will undergo a drastic shift as age-old norms and practices will need to be abandoned in search of new solutions and practices. Agility and adaptability will be the buzzwords as a new era is carved out in search for economic stability and prosperity. The India-EU partnership therefore, according to Indian prime minister Narendra Modi, “Can play an important role in economic reconstruction, and in building human-centric globalization.”
India’s display of vaccine maitri is one such confidence building measure, among others.