Research

Since 2003, India has been building its nuclear arsenal beyond what is necessary for a purely retaliatory or minimum deterrence capability. India’s actions could lead to a regional arms race or even the use of nuclear weapons in a war with Pakistan.

All the world's nuclear-armed states (except for North Korea) have begun modernizing and upgrading their arsenals, leading many observers to predict that the world is entering a new nuclear arms race. While that outcome is not yet inevitable, it is likely, and if it happens, the new nuclear arms race will be different and more dangerous than the one we remember. More nuclear-armed countries in total, and three competing great powers rather than two, will make the competition more complex. Meanwhile, new non-nuclear weapon technologies — such as ballistic missile defense, anti-satellite weapons, and precision-strike missile technology — will make nuclear deterrence relationships that were once somewhat stable less so.

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

The paper provides a detailed analysis of the contemporary Sino-Indian conventional ground and nuclear force balances and carefully reconstructs how mutual developments in these areas are perceived by both New Delhi and Beijing.

For true political and strategic stability in Southern Asia, China must be involved as a committed party to India-Pakistan confidence building measures, argues Frank O'Donnell in South Asian Voices' series, "Twenty Years Into Nuclear South Asia."

India's nuclear profile, doctrine, and practices have evolved rapidly since the country's nuclear breakout in 1998. However, the outside world's understanding of India's doctrinal debates, forward-looking strategy, and technical developments are still two decades behind the present. India and Nuclear Asia will fill that gap in our knowledge by focusing on the post-1998 evolution of Indian nuclear thought, its arsenal, the triangular rivalry with Pakistan and China, and New Delhi's nonproliferation policy approaches. The authors show how India's nuclear trajectory has evolved in response to domestic, regional, and global drivers.