Japan Bets Big on India, Matching Needs with Aspirations

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As India shrugs off its bureaucratic lethargy, Japan seems to be shedding its fear of India’s raucous and seemingly chaotic internal processes.

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In the next three decades India will experience the greatest expansion of the middle class the world has ever seen. Almost 180 million Indian families will be middle income by 2050. That is the mother lode that makes India most attractive.

Mohan Guruswamy, an alumnus of the John F. Kennedy School of Government at Harvard University, has been Advisor to the Finance Minister of India. He is on the Board of the United Service Institution of India.