This weeks Time has India Inc. in its cover. Snippets from one of the articles.
- In ways big and small, Indians are changing the world.
- (India) the second most populous nation in the world, and projected to be by 2015 the most populous...
- Writers like to attach catchy tags to nations, which is why you have read plenty about the rise of Asian tigers and the Chinese dragon. Now here comes the elephant.
- India's economy is growing more than 8% a year, and the country is modernizing so fast that old friends are bewildered by the changes that occurred between visits.
- During the cold war, relations between New Delhi and Washington were frosty at best, as India cozied up to the Soviet Union and successive U.S. Administrations armed and supported India's regional rival, Pakistan.
- Making friends with India is a good way for the U.S. to hedge its Asia bet.
- Prosperity and progress haven't touched many of the nearly 650,000 villages where more than two-thirds of India's population lives.
- Backbreaking, empty-stomach poverty, which China has been tackling successfully for decades, is still all too common in India. Education for women--the key driver of China's rise to become the workshop of the world--lags terribly in India.
- The nation (India) has more people with HIV/AIDS than any other in the world, but until recently the Indian government was in a disgraceful state of denial about the epidemic.
- Transportation networks and electrical grids, which are crucial to industrial development and job creation, are so dilapidated that it will take many years to modernize them.
- China's key economic reforms took shape in the late 1970s, India's not until the early 1990s. But India is younger and freer than China.
- Many of its companies are already innovative world beaters. India is playing catch-up, for sure, but it has the skills, the people and the sort of hustle and dynamism that Americans respect, to do so.
- It deserves the new notice it has got in the U.S. We're all about to discover: this elephant can dance.
