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Planet India: How the Fastest Growing Democracy Is Transforming America and the World
 
 

Planet India: How the Fastest Growing Democracy Is Transforming America and the World [Hardcover]

Mira Kamdar
4.0 out of 5 stars  See all reviews (1 customer review)
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"Mira Kamdar takes the seemingly endless historical and cultural cross currents of India and weaves them together into a story that bears on the whole world. She combines her admiration and affection for India and its people with a keen eye for its contradictory impulses, taking readers deep inside an India that is fighting for modernity on its own terms, but also changing, for good and ill, in response to dynamics beyond its control. Indians, both within and outside their country, are changing the fates of people everywhere. "Planet India" is our planet." -- Ted Fishman, author of "China Inc."

Book Description

India is everywhere: on magazine covers and cinema marquees, at the gym and in the kitchen, in corporate boardrooms and on Capitol Hill. Through incisive reportage and illuminating analysis, Mira Kamdar explores India's astonishing transformation from a developing country into a global powerhouse. She takes us inside India, reporting on the people, companies, and policies defining the new India and revealing how it will profoundly affect our future -- financially, culturally, politically.

The world's fastest-growing democracy, India has the youngest population on the planet, and a middle class as big as the population of the entire United States. Its market has the potential to become the world's largest. As one film producer told Kamdar when they met in New York, "Who needs the American audience? There are only 300 million people here." Not only is India the ideal market for the next new thing, but with a highly skilled English-speaking workforce, elite educational institutions, and growing foreign investment, India is emerging as an innovator of the technology that is driving the next phase of the global economy.

While India is celebrating its meteoric rise, it is also racing against time to bring the benefits of the twenty-first century to the 800 million Indians who live on less than two dollars per day, to find the sustainable energy to fuel its explosive economic growth, and to navigate international and domestic politics to ensure India's security and its status as a global power. India is the world in microcosm: the challenges it faces are universal -- from combating terrorism, poverty, and disease to protecting the environment and creating jobs. The urgency of these challenges for India is spurring innovative solutions, which will catapult it to the top of the new world order. If India succeeds, it will not only save itself, it will save us all. If it fails, we will all suffer. As goes India, so goes the world.

Mira Kamdar tells the dramatic story of a nation in the midst of redefining itself and our world. Provocative, timely, and essential, "Planet India" is the groundbreaking book that will convince Americans just how high the stakes are -- what there is to lose, and what there is to gain from India's meteoric rise.

DID YOU KNOW?

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India is the world's fourth-largest economy.

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By 2034, India will be the most populous country on Earth, with 1.6 billion people.

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India's middle class is already larger than the entire population of the United States.

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One out of three of the world's malnourished children live in India.

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India is home to the biggest youth population on earth:

600 million people are under the age of 25.

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72,000,000 cell phones will be sold in India in 2007.

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India just edged past the United States to become the second-most-preferred destination for foreign direct investment after China.

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In 1991, Indians purchased 150,000 automobiles; in 2007, they are expected to purchase 10 million.

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By 2008, India's total pool of qualified graduates will be more than twice as large as China's.

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By 2015, an estimated 3.5 million white-collar U.S. jobs will be offshored.

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India is the largest arms importer in the developing world.

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American corporations expect to earn $20 to $40 billion from the civilian nuclear agreement with India.

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In 2007, there are 2.2 million Indian Americans, a number expected to double every decade.

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Twenty-nine percent of India's population speaks English -- that's 350 million people.


Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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0 of 1 people found the following review helpful
4.0 out of 5 stars India on the Cusp, Nov 27 2009
By 
Ian Gordon Malcomson (Victoria, BC) - See all my reviews
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Business writer and commentator, Mira Kamadar, has written a very powerful expose on the awakening of the Indian economy in the 21st century. Her detailed study portrays a land that is starting to emerge as one of the key growth areas in global economy. For too long, India has been wiling its time away in living in the cultural grips of an anarchic and archaic past. Now that the world of leverage financing has hit the its shores, East Indians are now starting to assert themselves as economic forces to be reckoned with. While Kamdar makes a strong case for India becoming a giant in global markets, what with its rising middle-class, surplus capital, and natural creativity, she does sound some ominous warnings about its futue. One, there is a huge part of the country's population that threatens to be left behind - something in the neighbourhood of 700 million poor people - as India attempts to modernize through high tech and expanding markets. Two, while the potential for growth is there, India still is not ready to assume a greater global market share because it doesn't have the products or services quite ready to be truly competitive. To overcome these two hurdles, Kamdar higlights some of the strategies that Indian corporations and governments are presently adopting like the creation of more affordable products such as the Tata car and the Avenger scooter, the formation of microfinancing banks, the investing in better infrastructure, the production of cheaper household goods, and the reform of a very corrupt political system. Since all these efforts require a lot of time, money and patience to implement, the Indian model for modernization, while promising, is fraught with all kinds of perils, some of which Kamdar doesn't get around to discussing in great detail in the book. For instance, because "Planet India" was released just before the world recession of 2008, little attention is given to how a credit meltdown would affect its prospects for growth. Also, little mention is made of the fact that India is an environmental timebomb ready to explode, what with severe water shortages and wide-scale pollution plaguing its bulging cities. Overall, a very informative and well-written book about a country worth noting in the realm of geopolitics.
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Amazon.com: 3.8 out of 5 stars (21 customer reviews)

17 of 19 people found the following review helpful
5.0 out of 5 stars I nearly gave up on this book about 1/3 through...., July 30 2007
By D. Chambers - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: Planet India: How the Fastest Growing Democracy Is Transforming America and the World (Hardcover)
...but then it really got good. The first 1/3 of the book is full of gee-whiz statistics on growth. It is also full of what I call "Reader's Digest" subchapters that gush excessively, in the genre of: ("Mr. X ushered me into his elegant office, high above the immaculate tech campus. Sales grew at 83% last year, mainly due to American outsourcing...") or ("the girls upon graduation could produce PowerPoint presentations;") just what the world needs more of.

Then we get into the really great parts of the book. All of India's shortcomings are examined realistically, from pollution of the groundwater and air, caste differences, religious hatred, a dozen or two languages, the bomb, the lack of any real education or medical care or opportunity for most of the vast population, corruption, the suppression of women, lack of electricity and airports, global warming, ethnic uprisings, Pakistan, China, etc, and no punches are pulled.

In short there is a real question as to whether success in India will be like success in Mexico: a widening gap between rich and poor that grows worse each decade. Several reviewers have inferred from the book that global success for India is inevitable. Perhaps, but not necessarily.

The book is really superb. I liken it to "Guns, Germs, and Steel" which explained how physical and cultural geography determined why certain areas of the globe prospered in centuries past. Planet India gives us the physical and cultural elements to try and deduce India's future. Frankly, it's not looking good, except for a small oligarchic class. But good luck to them, and good luck to America.

Just because I am not as positive on the outcome does not make this book any less fascinating. Enjoy!

26 of 33 people found the following review helpful
5.0 out of 5 stars a must read on India and the world, Feb 24 2007
By Michele Wucker "Author of LOCKOUT and WHY THE... - Published on Amazon.com
This review is from: Planet India: How the Fastest Growing Democracy Is Transforming America and the World (Hardcover)
If you agree that it is impossible to understand America's future without engaging with what is happening in the rest of the world, I urge you to read Planet India. Interviewing a wide range of people, from Bollywood movie producers to indebted farmers committing suicide to tea merchants and U.S. software engineers working in India, Mira gives the flavor of India today, tells how it got there, and gives a sense of where it is going along with what its decisions will mean for the entire planet.

Mira is not afraid to break taboos, and she addresses both the tremendous optimism and potential in India as well as the Herculean challenges that the country faces. In Planet India, you'll get the human side of the story as well as that of the geo-political and economic implications of what is going on in India.

In my own work, I have written about the many Indian professionals make both entrepreneurial and philanthropic contributions to their country of birth. I also have had to tell the regrettable stories of many Indians who are contributing their tremendous skills to the United States but often have trouble negotiating our immigration bureaucracy, partly as a consequence of America's deep ambivalence about our relationship with the rest of the world. India's rise can be attributed in no small part to its leaders' understanding that engaging globally is the key to the future.

You also will want to check out Mira's beautiful first book, Motiba's Tattoos, which uses family memoir to shed light on history and the present.

Michele Wucker, Author of Lockout: Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting It Right (PublicAffairs Press, 2006)

8 of 9 people found the following review helpful
4.0 out of 5 stars Excellent, but incomplete..., July 27 2007
By Bay Area Guy - Published on Amazon.com
This review is from: Planet India: How the Fastest Growing Democracy Is Transforming America and the World (Hardcover)
Mira Kamdar presents an excellent overview on modern India and its increasing influence on America and the world. She makes clear arguments for India's influence on economic, cultural, and social developments but leaves out an important one; spirituality. The impact of Hindu and Buddhist spirutuality on America and the world is ever increasing but for some reason, she decided not to discuss it (or lost a fight with the editors/publishers). I would be glad to see a second edition of this book which included the increasing spiritual impact of India on the rest of the world, and what it means for all of us.
 Go to Amazon.com to see all 21 reviews  3.8 out of 5 stars 
 
 
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