India seems to be making the headlines or ticker-tape lines on the financial broadcasts currently. To wit, Horlicks outsells fizzy drinks products in India, and Nissan-Tata cars are very much in demand there.
The Indian Supreme Court's ruling in favour of Vodafone getting some tax benefits, the total when translated is about $1.5 billion, shows what a welcome international companies receive when trading in India. The government is very pro-FDI, and once trade policies are accordingly liberalized, more goods which people normally carry as gifts to India can become freely available there as well as opening up development of supermarkets and international brand stores. That is what people want, and of course it will increase trade and probably open up the prosperity that people envisage in India.
This year, India could yet add to the world economic growth story.