I just got back from Hong Kong, and on the way back I stopped in India, as I usually do.
India had been on a tear, economically speaking, for much of the first decade of this century, but appears to have paused for a breather over the last few months. Things are a tad slower than the frenzied pace of just a few years ago; the confidence (hubris?) has mellowed just a little; the shine – well, India’s shine was always in the eye of the beholder.
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