Warming up to the economic diplomacy of British Prime
Minister David Cameron who prioritized investment in the Asian countries Modi
made every effort to burnish India’s image during his three day long visit to
UK. Despite the partisan sanctimonious
narrative making headlines in all the leading left-leaning British Newspapers
ahead of Modi’s visit to London, he triumphantly projected India as the most
favorable investment destination. Drubbed by critics and media for rising
chorus of intolerance, failing to reign in on fundamentalists and lately for
defeat in the Bihar assembly elections Modi eloquently silenced the disgraceful
banter with his adroit diplomatic skills. The poise, spontaneity, diplomatic
finesse exuded by Modi in handling the spiteful British media speaks of his
diplomatic nuances, an embodiment of a real leader.
Modi left no stone unturned to project “Brand India” image
from the time he landed on the foreign soil. With an impressive outreach that
complemented the eagerness of his British compatriot to reach the largest
consumer market Modi ambitiously grabbed every opportunity to garner financial
benefits. On the first day of his visit, Modi was extended a ceremonial
reception which was followed by bilateral meetings. Both Prime Ministers then
endorsed a Vision Statement that set out fundamental principles for an enduring
partnership and bilateral cooperation between India and UK with a core
objective of reinvigorating relationships to accelerate growth and transform
lives of people. The main focus of Modi’s agenda was clean energy, climate
change, security and defence cooperation. A joint statement to this end was
issued by both countries addressing issues of shared interests and charted out
future course of cooperation. Reiterating that the coming together of World’s
oldest and largest democracy should bring prosperity, both countries have
agreed to invest in infrastructure, promote manufacturing and extend
cooperation in research, technology and innovation.
During President Xi’s to UK earlier this month, both
countries sealed financial deals worth £ 30 billion and a section of media was
highly very critical of British government’s pandering to China. UK is the
largest European investor in India and Economics, is in fact has been the
corner stone for Indo- UK cooperation. India is the third largest FDI investor
in UK. India and UK struck commercial deals worth £ 9.2 billion in retail,
logistics, energy, finance, IT, education and health sectors. UK accounts for
8.59% of total FDI in India during the last 15 years. Indian companies on the
other hand employ 110,000 people in UK. Following the hike in the FDI limit to
49% in insurance and pension sector agreements worth £ 238 million were signed
in insurance sector. Under the HSBC’s Skills for Life initiative in India, a £ 10
million program was announced to skill 75,000 disadvantaged young people and
children over 5 years age. Under the Smart Cities and Urban renewal partnership
it is agreed to have three city partnerships with Pune, Amaravati and Indore to
meet ambitious urban development goals of India. Under UK water partnership
Thames/Ganga partnership was launched to develop healthy river systems.
Giving impetus to the skills initiative in India, 11 UK
companies have committed to support skills development in India under the
India-UK Skills pledge. Also “Centres for Excellence” in various sectors will
be set up starting with the Centre for Automotive and Advanced Engineering in
Pune. It was also agreed that year 2016 will be India-UK year of education,
research and innovation, fostering collaboration in these sectors. Year 2017
which marks India’s 70th anniversary of independence will be
India-UK year of culture. In another significant development, UK
unequivocally supported India’s bid for a permanent membership at the UN
Security Council. The visit also witnessed successful conclusion of
negotiations on the civil nuclear agreement 2010 providing framework for future
cooperation.
On the security front both prime ministers have discussed
issues of shared interests in prosperity and security of Asia and Indian Ocean,
condemned terrorism in all forms and manifestations, inclusive constitutional
settlement in Nepal, reconstruction process in Sri Lanka, sustainable political
order in Afghanistan, Syria and Iraq. Both nations welcomed historic agreement
on Iran’s nuclear program. By and large the engagement was totally high on
business and financial commitments.
Though the Indian opposition tried to down play a rare honor
bequeathed on Modi, Narendra Modi is the first ever Indian prime minister to
address British Parliament which was specially convened by the speaker (as
parliament is in recess). Modi chose to address his august audience in English
though he is quite comfortable with Hindi. His impressive English oratory
though dotted with accented words had clearly made an inexplicable impression
on the English audience who in turn raised toast to his spirited message by a
standing ovation. During the speech he commended the wisdom of British for
installing statue of Mahatma Gandhi next to Winston Churchill on parliament
square and generosity of Indian counterparts for sharing the legacy of the
great leader. To strike a chord of friendship Modi invoked various issues of
common interests in India and UK like the cricket, curry, James Bond, Brooke
Bond, Scotland Yard, Bhangra rap, English novel and praised the Tata Motors
which now owns Jaguar Land Rover (JLR) for providing jobs to thousands of Brits.
He later visited JLR’s Sohilull’s manufacturing plant which manufactures
425,000 cars annually the next day. Modi also garlanded the statue of Mahatma
Gandhi which coincided with the fly-past of the Red Arrows of Royal Air Force
(RAF) splashing tricolors in skies above. Putting to rest Britain’s past legacy
of imperialism, he praised London soil for becoming seed bed for Indian freedom
struggle.
Soon after the Royal Address, dispelling clouds of negativity
he wooed CEOs of Britain assembled in the Guild Hall by proudly strutting
latest reports of reputed Global institutions that acknowledged India’s
economic trajectory. India in the past 18 months under the NDA government had
climbed up in the rankings of global ease of doing business, transparency
international’s corruption perception index and World Economic Forum’s
Competitiveness Report. The recent financial downtrend of Chinese markets had
evoked few mixed responses in investors who are now looking forward for a
relatively stable market. India which is projected to emerge as the largest middle-class
consumer market by 2030 can be a lucrative option. Finally he whetted interest
in the business executives by pitching the onerous steps taken by his
government and exalted India as land of immense opportunities. In total 28
financial deals were struck between India and UK.
Rise of Modi in the political arena has resulted in emanation
of two cults- Modi Supporters and Modi Haters and in London Modi faced
protestors who chanted slogans of intolerant India and a Nepalese contingent
raised slogans against Modi. Prime Minister had to encounter a torrent of
cringing questions of the opinionated British media and scorn of demonstrators
due to constant ridicule of main stream Indian media. In sharp contrast,
overwhelming support of the Indian Diaspora has indeed compelled the
conservative party to extend an exceptionally warm reception to Modi. Modi
supporters truly cherished the moments of his illustrious visit to London on
eve of Diwali by organizing the most memorable Olympic style event at the
Wembley Stadium. Attended by more than 60,000 avowed Modi supporters, the
preparations for a momentous welcome started six months ahead of his visit.
Coordinated and organized by the Europe India Foundation (EIF), the scale of
event has truly envied the native Brits. Truly the exceptional euphoria and
rapturous welcome accorded by the 1.5 million strong Indian community in London
at Wembley Stadium was unprecedented.
Conservative Party made best out of the Wembley event with
Prime Minister Cameron serenading Modi through the stadium amidst loud cheers
of the spirited Indian community. Wembley event was an occasion of great
celebration for the Indian Diaspora who turned it into a historic event by
mirroring various aspects of Indian culture, art, music and dance. It is ironic
that while the Indian community is celebrating the spirit of diverse India,
back in India the vitriolic opposition lost no time in launching scathing
attacks and passing disparaging comments. But for the steady support of the
Indian-desi’s abroad the heaping criticism of British Media couldn’t have
mellowed down. In his much awaited address to the Indian community, Modi
reiterated the uniqueness of India, reached out to Indian community and
encouraged them to invest in India, announced a new flight from Ahmedabad to
London. In a move to tap the London markets, Modi launched innovative Masala
bonds to facilitate off shore rupee trading by Indian firms and made London the
center for such financial transactions. The most ravishing spectacle unfurled at
Wembley with biggest garden-style fireworks
displayed at the end of the event.
During his three day long stay, Modi lunched with Queen
Elizabeth II, unveiled statue of 12th century Kannada philosopher
Basaveshwara and visited the place where Dr. B. R. Ambedkar lived during his
stay in London. But the fag end of the Modi’s visit was overshadowed by the
gruesome Paris attacks. From London Modi travelled to Antalya in Turkey to
attend the 10th G-20 summit. The terror attacks of Paris topped the
agenda of the summit wherein world leaders pledged to initiate a global action
against terrorism. Modi proposed a 10-point program to tackle terrorism.
India being worst victim of cross-border terror for the past three decades,
Modi has been pitching for a comprehensive legislation on counter terrorism.
Modi during his state visit to UK made ever attempt to take
the relationship forward and eloquently projected India as an emerging market.
Of late UK had made strategic shifts in its foreign policy and is more focused
on economic diplomacy. Complementarily, Modi too invested lot of time and
energy in striking commercial deals and in wooing investors. It is interesting
that colonial master of yesteryears are now slowly acknowledging the ascendancy
of India. In reality the sudden attitudinal change of the British political arena
towards India is a rigorous attempt to woo the 1.7 million strong Indian
diaspora. By and large one of the pillars of Modi’s foreign policy stratagem
has been resourceful leveraging of India’s soft power which emanates from the
belief that local problems have global solutions. @ Copyrights reserved.
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