In Trump’s transactional world, India’s exclusion makes perfect sense. AdvertisementThis is a result of India not giving enough attention to high technology and minerals over decades. The US and China spend roughly 3 per cent and 2.5 per cent of GDP respectively on R&D. A similar story of stagnation is in the minerals sector. For long, India has banked on its potential — as an economic heavyweight and a political counterweight to China —to be accorded a place at the global high table.

Source: Indian Express January 03, 2026 01:51 UTC