When Hillary Clinton left India this week, clutching contracts for defence and nuclear energy worth up to $40 billion for US companies, she was understandably grateful to her hosts. "I consider India not just a regional power, but a global power," she said.
America has good reason to want India to think and act like a world power. It sees a lot of itself in the country: the US may be the world's greatest democracy, but India is its largest. Its people have entrepreneurship in their DNA; its business leaders have embraced globalisation and are busy taking over iconic brands and businesses throughout the world.
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