This is understandable. For the first time ever, India has posted four straight years of 8 percent growth; since it cracked open its economy in 1991, it has averaged growth of 6 percent a year - not in the same league as China, but twice the derisory “Hindu rate of growth” that had marked the first 45 years of independence.
India has gone nuclear, and even gotten the United States to accept that status. Its movies are crossing over to become international hits. The recent $11.3 billion takeover of Corus by Mumbai-based Tata Steel was the biggest acquisition ever by an Indian firm.
No wonder the idea of India as the next superpower is fast becoming conventional wisdom. “Our Time is Now,” asserts The Times of India. And in an October survey by the Chicago Council on World Affairs, Indians said they saw their country as the second most influential in the world.
Sorry: India is not a superpower, and in fact, that is probably the wrong ambition for it, anyway. Why?
- India the superpower? Think again, CNN.com, February 9 2007.
2. in a different league:
PROOF of mass murder could lie in a genteel enclave of west-central Tokyo. It took over four years for the government to remove an inhabited block of flats so that the search for the truth might start. But on February 21st two diggers began scooping up and gently winnowing the ground in search of human remains. Barely a word about it has appeared in the national press.
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