The Trouble With India

When investors tout growth, two images can come to mind: One includes bustling industries and fabulous wealth; the other is unorganized communities, as irritated crowds of people compete for limited resources. This article in “BusinessWeek” explores how India’s infrastructure – highways, airports, clean water and other utilities – fails to keep pace with the explosive growth of the high-tech industry. Critics blame democracy, corruption and government subsidies for delaying major infrastructure projects or making them uneconomical. According to the article, “The infrastructure deficit is so critical that it could prevent India from achieving the prosperity that finally seems to be within its grasp.” – YaleGlobal