Why India is the only game in town

Put the following facts together – higher interest rates in India versus near-zero or low rates in the US, Europe and Japan, the rupee at Rs 50 to the dollar, and 7-8 percent growth rates, and the prospect of even higher growth in 2012-13 and beyond – and there is only one conclusion: India is where the smart money should head. The question is not whether, but when.

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