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India and Globalisation

Inside this issue

• India is watching for signs of protectionism among its partners

• Ascent to double-digit economic growth is new territory, and powerful middlemen shut foreign groups out of the shops - -

Content

Strong growth yet to improve lives of the poor

World leaders are keen to recognise the success of a rising power. For most Indians, however, the picture is not so rosy, says James Lamont

Outsourcing: Thick skins shrug off protectionist rhetoric

James Lamont on the industry’s role in creating US jobs

The economy: High plaudits tempered by inflation fears

Strong growth is welcome, but rising food prices are causing concern, writes James Lamont

Retail: Dramatic food price rises may help open doors to foreigners

Amy Kazmin on the politically sensitive issue of obtaining investment

Guest column: A healthy financial system is essential for progress

Finance holds the key to achieving India’s long-term growth potential, writes Eswar Prasad

Nuclear industry: Government bowls sector a surprise googly

Amy Kazmin reports on controversial legislation that threatens to get in the way of plans to address a huge electricity deficit

The auto industry: Tamil Nadu on the road to attracting more investment

Carmakers are encouraged by the way the state government delivers on its promises, writes James Fontanella-Khan

Textiles: New destinations save once ‘doomed’ sector

James Fontanella-Khan reports on a revival in prospects for an industry that employs 50m people

Financing: Global reach provides new avenues for raising cash

James Fontanella-Khan reports on the savings to be made by seeking funds abroad

Pharmaceuticals: Rich pickings at home and abroad

Global companies are not so sniffy about cheap drugs these days, writes Amy Kazmin