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India’s place in the new world order

The economic dominance of the US is already over. India is becoming a powerhouse very fast. – Peter Drucker

In 2004, Peter F. Drucker told Fortune Magazine that ‘India is becoming a powerhouse very fast’. Coming from the man who is widely regarded as the father of modern management, this could easily have been the biggest single endorsement for the Indian story. Drucker’s revolutionary teachings in management still hold good in other areas. But does Drucker’s view on India still matter?

In the autumn of 2009 I was at the Metropolitan Club in New York listening to the man who coined the term ‘Emerging Markets’. Antoine Van Atmael is author of The Emerging Markets Century: How a New Breed of World-Class ...

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