http://story.news.yahoo.com/news?tmpl=story&cid=68&ncid=68&e=1&u=/nyt/20031020/ts_nyt/sizzlingeconomyrevitalizesindia
Go India Go!!
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quotes from above article
Quote:
No longer. A year ago, India was in a national funk over China having surged ahead economically. Now, there is a cautious sense that over time, India could prove the turtle to China's hare, thanks to its entrepreneurial spirit, its strong higher education system and its democracy.
"There's a lot of confidence in India today, even in respect to China," said Jairam Ramesh, the senior economic adviser to the opposition Congress Party.
India now has a $500 million trade surplus with China, and Indian companies increasingly see China less as a threat than an opportunity. A delegation of Indian industrialists is now in China to market everything from steel to pharmaceuticals.
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