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India and Globalisation

Indian prime minister Manmohan Singh speaking at the White House, with Barack Obama standing beside him

Inside this issue

• Building a name as a centre for low-cost car development

• Moralising has been exchanged for a leadership role

• The prime minister is wooing expatriates - -

Content

A good crisis brings greater influence

The benefits of foreign capital inflows, remittances and a greater share of trade are shaping policy, says James Lamont

New multinationals: Cash-rich companies still eager to expand

The financial crisis has not dented the acquisitive mood, reports James Lamont

Car manufacturing: Large ambitions for smaller vehicles

The country is building a name as a centre for low-cost development, writes Joe Leahy

Pharma research: Pool of skills and low costs fosters growth

Home-grown companies are more involved in innovation, says Amy Kazmin

World stage: An appetite to lead on climate and trade

James Lamont says some experts question closer alliance with China

Surat: Domestic demand has been the city’s best friend

About 80% of world diamond output is cut and polished in the western centre, writes Kevin Sieff

Fast food: Attention to local palates pays off

Amy Kazmin reports chains are gaining ground as disposable income rises

iYogi: IT support that takes pride in its roots

Amy Kazmin on a young company finding success with western consumers

The wealthiest: Market recovery bails out the super rich

Many are diversifying into international property, reports Joe Leahy

Entertainment: Growing cultural clout mirrors country’s rising economic status

Joe Leahy on international forays by the cricket and film industries

The diaspora: Country reaches out for talent and money