Nowadays, Western countries are facing the ascendance of new economic rivals, especially the two Asian giants: China and India. India is described as an emerging global power through the eyes of the journalists in the financial press, who emphasize its successful Bollywood movie industry, its booming IT sector with thousands of high skilled engineers threatening western jobs, its excessively rapid growth and its companies which are becoming powerful enough to buy out western companies; such as the recent takeover of Jaguar Land Rover by the Indian Tata Motors. If journalists are very optimistic about the future of India, which they believe will become the new superpower by 2050, we have to wonder if India has enough assets to become a global power or if it is a mere utopia. After describing how India has become an emerging country in a first part of this analysis, we will define the assets of India that let us think that this country can become a global power someday and finally, we will underline the elements with which India will have to deal before aspiring to this rank.
[...] Moreover, in India, there is also great deal of bureaucracy. For instance, if you want to set up a business in India, you need 71 days versus 5 days in the United States. Too much Bureaucracy significantly discourages entrepreneurs. renovate its infrastructures “India has underinvested in infrastructure for 60 years, and we're behind what we need by 10 to 12 years says T.V. Mohandas Pai, director of human resources for Infosys.”[2] Over the last few years India has experienced an historical economic boom with record growth rates and a terrific rise in foreign investments. [...]
[...] India has clearly proved it can grow quickly and play with the big boys. But will India be able to keep developing? Which are the assets that let us believe India is on the right track to become a global power? II. India holds all the cards to become a superpower 1. A stable politic and economic system Fifty years after the independence of India, the Indian democratic system seems to be very strong and stable. Despite some considerable problems, the Indian democracy has been quite successful. [...]
[...] But it cannot be denied that India has many problems to solve before becoming a superpower. Dealing with poverty, corruption and infrastructure deficit will be difficult, but India must do it if it wants to become the superpower it is supposed to be by 2050 Sources India at a glance World Bank data: http://devdata.worldbank.org/AAG/ind_aag.pdf OECD Economic Survey of India, 2007: http://www.oecd.org/dataoecd/17/52/39452196.pdf Andrée-Marie Dussault : l'Inde, une superpuissance en apparence : http://www.cyberpresse.ca/le-soleil/200809/08/01-660999-linde-une- superpuissance-en-apparence.php BBC News Can India become a global superpower http://news.bbc.co.uk/1/hi/talking_point/4311574.stm CIA, the World Factbook India: https://www.cia.gov/library/publications/the-world- factbook/geos/in.html The India Report Astaire Research: http://www.billcara.com/India%20Report%20%2031%20July%20%2007.pdf Video: India Express the future new superpower: http://revver.com/video/1274183/india-express-the-future-new- superpower-foreign-exchange-episode-443/ India, emerging superpower: http://www.geocities.com/akhandbharat1947/Superpower.html India the Superpower? [...]
[...] If India does not renovate its ports and airports, how will it be able to keep on growing? Nowadays, airports are already jammed in India, so let's think about it when the country will be a superpower with thousands of businessmen and women flying everyday to India India, with its one billion inhabitants willing to conquer the rest of the world, has a lot of assets to become a big player in the world. Its rising IT sector and the motivation of its population could be real weapons to gain ground on the international stage. [...]
[...] Can India be called: The future superpower Nowadays, Western countries are facing the ascendance of new economic rivals, especially the two Asian giants: China and India. India is described as an emerging global power through the eyes of the journalists in the financial press, who emphasize its successful Bollywood movie industry, its booming IT sector with thousands of high skilled engineers threatening western jobs, its excessively rapid growth and its companies which are becoming powerful enough to buy out western companies ; such as the recent takeover of Jaguar Land Rover by the Indian Tata Motors. [...]
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