India - Nuclear power, space power, economic power?

India has set its sights on becoming an economic global power. For western entrepreneurs, the country could be a feasible alternative to China. But how sustainable is the current boom?

"We’re a nuclear power, a space power. But India also wants to be an economic power,” says a former Indian ambassador. The key growth indicators point to robust expansion. Business leaders and billionaires in India are in high spirits. With a huge government stimulus program for infrastructure, Prime Minister Narendra Modi wants to turn his vision into reality and make India's economy competitive.

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