Hindu Economic Space

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The subject: “The Economic Ar

1. Introduction to the Ind

1. Hinduism

4. The Economic Integrat

5. Interactions of the Hin 6. Economic Organisation

7. The Diaspora of the Hi The objectives of the subject “ 1. To define the characte 2. To analyse the influenc

3. To know the economic

4. To analyse the profile 5. To understand the pro

6. To know the economic civilisations (Western, 7. To analyse the main ec

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Business

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ic Area of the Hindu Civilisation" (e

ic Area of the Hindu Civilisation” consists of seven pa

Indianreligions and its relationship with the Hindu

dia

inism, and Zoroastrianism

a of the Hindu Civilisation

e Central State of the Hindu Civilisation

ries of the area of influence of the Hindu Civilisation: Bhutan

ople

gration of the Hindu Civilisation (institutions, trade a Hindu Civilisation with the other civilisations ations and Trade Agreements related to the Hindu C

e Hindu Civilisation

ct “The Economic Area of the Hindu Civilisation” are

acteristics of the Economic Area of the Hindu Civilisa

uence of the Indian religions on the Hindu Economic

mic profile of the Hindus Countries

file of Businessmen of the Hindu Civilisation

processes of economic integration of the Hindu Civ

mic relationships of the Hindu Civilisation with the

ern, Sinic, Buddhist, Islamic, Orthodox, and the Africa

economic organisations related to the Hindu Econ

ernational

” are the following:

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Subjects related to the “Economic Area of the Hindu Civilisation.”

1- Introduction to the Indian religions and its relationship with the Economic Area of the Hindu Civilisation

1. Hinduism

2. Zoroastrianism 3. Jainism

4. Sikhism 5. Islam in India

2- The Hindu Economic Area and the economic profile of the countries of the Hindu Civilisation

1. Introduction to the Hindu Economic Area

2. India as the Central State of the Hindu Civilisation

1. The Republic of India. The States of India 2. The Indian Economy

3. The Economic Profile of Andhra Pradesh, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, New Delhi, and Tamil Nadu

4. Foreign Direct Investment in India

3. Countries of the area of influence of the Hindu Civilisation

1. Mauritius: a strategic place for business between Africa and India. 54% of the population is Hindu

2. Nepal: 81% of the population is Hindu (23 million of Nepalese) 1. Jyoti Group

3. Bhutan. 25% of the population of Bhutan is Hindu

4. The Indonesian island of Bali is Hindu majority (93%, 4.2 million of

Indonesians). However, this analysis does not include Indonesia (including in the Islamic Civilisation)

3- Businesspeople of the Hindu Civilisation

1. Hinduism Business People: Senapathy Gopalakrishnan, Srichand Hinduja, Kumar Mangalam Birla, Kiran Mazumdar, Shri Mukesh D. Ambani

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3. Zoroastrian Business People: TATA, Doctor Cyrus S. Poonawalla, Adi Godrej, Nusli

Wadia

4. Jain Business People: Sahu Jain, Bhavarlal Jain, Ajit Gulabchand, Gautam Adani 5. Sikhs Business People: Jogishwar Singh, Shivinder Singh, Ajaypal Singh Banga 6. Kenyan Business People of Indian origin: Naushad N. Merali and Bhimji Depar Shah 4- Economic Integration of the Hindu Civilisation (Economic Organisations, Trade Agreements)

1. India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement 2. India-Bhutan Trade Agreement (commerce and transit)

3. India-Nepal Trade Agreement

4. Bhutan, India, and Nepal are members of

1. South Asian Association for Regional Cooperation (SAARC) (with Afghanistan, Bangladesh, the Maldives, Pakistan, and Sri Lanka. Mauritius is an observer of the SAARC)

2. Bay of Bengal Initiative (BIMSTEC) (with Myanmar, Bangladesh, Sri Lanka, and Thailand)

3. Asian Clearing Union (ACU) (with Bangladesh, Iran, Myanmar, the Maldives, Pakistan, and Sri Lanka)

4. South Asia Subregional Economic Cooperation (SASEC) (with Bangladesh, the Maldives, and Sri Lanka)

5. Mauritius and India are members of the Indian-Ocean Rim Association (IORA) (with eighteen countries)

5- Interactions of the Hindu Civilisation with the other civilisations

1. With the Buddhist Civilisation

1. India has Free Trade Agreements with Sri Lanka, Thailand, Singapore, and South Korea

2. With the Western Christian Civilisation

1. With the European Economic Area:

1. India has a free trade agreement with the European Union and the European Free Trade Association (EFTA)

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3. Mauritius has a pre-Agreement with the European Free Trade

Association (EFTA) and belongs to the Cotonou Agreement (European Union)

2. With the American Economic Area:

1. North American

1. Mauritius and the United States: African Growth and Opportunity Act (AGOA), COMESA-US Trade and Investment Agreement, Trade Agreement Mauritius-United States 2. India-Canada

2. Latin American. The Hindu Civilisation has Free Trade Agreements (FTA) with Chile, the MERCOSUR, and the Andean Community 3. Caribbean. No Hindu country has Trade Agreements with the

Caribbean Countries

3. With the area of Oceania: India has a Free Trade Agreement with New Zealand and Australia

3. With the African Civilisation

1. Preferential Trade Agreement between India and the Southern Africa Customs Union (SACU) (South Africa, Lesotho, Swaziland, Botswana, and Namibia) 2. Mauritius is a member of:

1. COMESA (Common Market for Eastern and Southern Africa) 2. SADC (Southern African Development Community)

3. COMESA-EAC-SADC Tripartite Agreement 4. Indian Ocean Commission

3. Africa-BRICS Countries Cooperation

4. All the countries of the Hindu Civilisation are members of the Africa-Asia Strategic Partnership

4. With the Muslim Civilisation:

1. India has Trade Agreements with Indonesia, the Gulf Cooperation Council (GCC), the Maldives, Bangladesh, Afghanistan, and Pakistan

2. Nepal has an agreement with Bangladesh

3. Bhutan has a Free Trade Agreement with Bangladesh

4. Mauritius has a Free Trade Agreement (FTA) with Turkey and a Preferential Trade Area with Pakistan

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1. Asia-Pacific Trade Agreement (APTA) (with Bangladesh, China, Korea, Laos, Sri

Lanka, and Mongolia)

2. Agreement between the ASEAN and India

* This subject presented only major FTA related to the Hindu Civilisation.

6- Diaspora of the Hindu Civilisation

1. Hindu Diaspora 2. Sikh Diaspora 3. Zoroastrian Diaspora 4. Jain Diaspora

7- Economic Organisations related to the Hindu Civilisation

1. Economic and Social Commission for Asia and the Pacific (ESCAP) 2. Asian Development Bank (ADB)

3. Asia-Europe Economic Meeting (ASEM) 4. Asia-Middle East Dialogue (AMED) 5. Colombo Plan

6. Asia Cooperation Dialogue (ACD) 7. Boao Forum for Asia

8. African Union (UA)

9. African Development Bank

10. New Partnership for Africa's Development (NEPAD) 11. Economic Commission for Africa (CEA)

12. United Nations (NU)

13. International Monetary Fund (IMF) 14. World Trade Organisation (WTO)

Credits”: 2 ECTS (European Credit Transfer and Accumulation System). 1 ECTS credit is equivalent to approximately 25 hours of student’s dedication (hours of study, exercises, information research, and teamwork)

Duration: 2 weeks

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1. Doctorate Ethics, Religions, and Business

2. Doctorate in Business in Asia 1. Master in Business in Asia

2. Master in Business in the BRICS countries 3. Master in international business (MIB) 3. Diploma Business in India

See also the module on Religions of India

Students who have taken this module (Economic Area of the Hindu Civilisation) can validate and register a this Master / Doctorate at EENI

Course learning materials: or ( ) Methodology: e-learning / Distance learning.

Area of knowledge: Religions - Asia

URL: http://en.reingex.com/Civilisation-Hindu.shtml

Due to the dynamic nature of international business, this information is only for guidance (not binding). Please check the website to see any changes.

India, a continent by itself, is logically the Central State of the Hindu Civilisation. India is also a BRICS Country and the largest democracy in the World (1,210 million people).

The Hindu Civilisation has a vital strategic location bordering several civilisations: the Islamic, Buddhist, Sinic, and the African Civilisation (thanks to Mauritius).

To define the Hindu Civilisation, we will consider two factors: religious and historical. The current Hindu Civilisation can be regarded as the subsidiary of the ancient Indian (Indo) civilisation (almost 3,000 years old).

Religions that defines the Hindu Civilisation

India is the cradle of four religions: Sikhism, Jainism, Hinduism, and Buddhism, sharing many values such as Ahimsa (Non-Violence), the respect for animals and the respect for other religions. All these faiths define the Hindu Civilisation.

It is also necessary to consider the importance of Islam and Christianity in India.

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Approximately 960 million of the Indians follow Hinduism (80% of the Indian Population), making it the third religion in the World by the number of believers (behind Christianity and Islam, and ahead of Buddhism and Sikhism). Hinduism is the main religion in the twenty-seven States of India.

1. Bhagavad-Gita

2. Sri Ramakrishna

Islam in India

About 13% of the Indian Population is Muslim (172 million of Indian Muslims) and is, therefore, the second religion in India by the number of followers. There are Muslim

majorities in Lakshadweep, Jammu and Kashmir and is also vital in Uttar Pradesh, West Bengal, and Bihar. Almost all Indians are Barelvi (Sunni Hanafi school). The Indian Muslims control big business like Wipro or CIPLA laboratories.

When India gained the independence from the British Empire lost two important regions:

Pakistan and Bangladesh, which joined the Islamic Civilisation.

Christianity in India

2% of the Indian Population is Christian (24 million people).

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Sikhism represents 1.9% of the Indian Population, especially in the Punjab. The recognised moral rectitude of Sikhs promotes the access to relevant executive positions worldwide (Rothchild or Mastercard). Many Hindus recognise the Sikhism as the “armed wing” of Hinduism. Approximately, there are twenty-six million Sikhs worldwide.

Zoroastrianism

Although originally from Persia (Iran), the Parsees have played a major role in the Hindu Civilisation. Zoroastrians are a vital business community in India, the TATA group or the Businessman Cyrus Poonawalla are Zoroastrian.

Buddhism

Although Buddhism was born in India, today just 0.77% of the Indian Population practices Buddhism. However, it is necessary to note that for many Indian, Buddhism is part of Hinduism and recognises Buddha as a divine incarnation.

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Jainism is just barely practised by 0.41% of the Indians (between 5 and 6 million of Jains in India). Despite being a slight community, influential business people are Jainist, such as Indu Jain who controls the newsgroup Times and Bennett, Coleman Co.

The Diaspora of the Hindu Civilisation

It is necessary to consider the Hindu Diaspora because they are important players in the business community in many countries.

Furthermore, the following countries, where the Hindus often have excellent business relations, must be taken into account:

1. There are some countries where Hinduism is the second religion: Fiji (28% of the population, 3.9 million people), Guyana (23%), Suriname (20%), Trinidad and Tobago (18%), Sri Lanka (15%), Pakistan (1%, 3.6 million), and Bangladesh (9%, some 15 million Bangladeshis are Hindus)

2. In Singapore, 6% of the population is Hindu

3. The influence of the Hindu population in East Africa, especially in Kenya (1% of the population), Tanzania, and Uganda. However, these countries belong to the African Civilisation

4. The following countries have small Hindu communities: Australia (2%), Saudi Arabia (1%), Burma (1.5%), the United States (0.5%), Canada (1.6%), Qatar (7%), the

Seychelles (2%), Reunion (7%) Malaysia (6%), Bahrain (6%), Kuwait (12%), the United Kingdom (2%), South Africa (2%), the United Arab Emirates (11%), Belize (2%), Oman (4%), New Zealand (2%), and the Philippines (1%)

The Sikh Diaspora is important in Canada (1.4% of the population), the United Kingdom (0.8%) and the USA (0.08)-

The Zoroastrian Diaspora is found mainly in Pakistan.

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The module "Economic Area of the Hindu Civilisation" includes the Market Access Tool: