In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
Prime Minister Narendra Modi this month will be undertaking one of the longest ever abroad visits by an Indian head of government in recent times. He is scheduled to be on a nine-day, three-nation visit to Myanmar, Australia and Fiji from November 11 to 19. Later in the month, he will be in Nepal to attend the South Asian Association for Regional Cooperation summit on November 26-27.
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.