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Photo credit: Zev Handelman

India’s economy is booming. The country’s GDP more than doubled in just five years, between the years 2003 and 2008. Many Indian companies have posted growth rates of 40 or 50 percent a year. That’s no small feat, but to accomplish that in a chaotic society with transportation challenges, frequent electricity shortages, and severe corruption challenges… How are Indian businesses thriving? What’s the secret? What is “The India Way“?

In this edition of The World’s Global Economy podcast, we look at what’s driving India’s remarkable success, and also explore the challenges of zooming ahead from a developing nation to economic powerhouse of the 21st century. How do you provide energy and sanitation for more than a 1.1 billion people? Where will the scores of new middle class live? Who will take care of India’s elderly as sons and daughters become more mobile and leave the family structure? Who wins in the new India? And who loses?