India is currently set to host the commonwealth games. However, they are receiving harsh criticism from the international community due to their infrastructure being unable to create an environment that the international world expects for such an event. It has made some conclude to the point that India will always be a second rate power country.
India however has the potential to become a powerhouse in the realm of international economy. When comparing India to China both have a large population. However, India's work force is continuous. They have a young population ready to fill the work demand of the older population as they age. China however, does not have this ability due to the one child law implemented by the Chinese government. India also has a growing GDP that is showing promise in the International economy.
India does lack a strong central government however this does play to positives for the International economy. India is able to make decisions on what their government feels is essential without having to bend to the whim of interest groups and lobbyists. India's private sector has grown immensely however due it the infrastructure instability international investors would still most likely invest in China before India.
If India wishes to become a leading power in the International economy they must create an infrastructure capable of meeting the demand and create policies that protect investors in order to attract investors.
http://www.economist.com/node/17147648?story_id=17147648&fsrc=rss
Interesting point about India's ability to fill the aging population... i think it's a valid point and in the next decade I believe that China will be forced to rethink their restrictions.
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