I think this article from earlier in the week says a lot about the state of India right now. The country is booming, and many Western businesses want to be a part of the action. Quorum is excited about the opportunity to work with Reliance Industries, the project for which I will be going to India next week...

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from The Independent & The Independent on Sunday
3 November 2007 06:47 Home > News > Business > Business News

Ambani overtakes Gates to become world's richest man
By Andrew Buncombe in Delhi
Published: 30 October 2007

A record-breaking performance by India's stock markets has put the industrialist Mukesh Ambani at the top of a list of the world's richest people.

Buoyed by unprecedented inflows from US and European investors, the benchmark Mumbai Sensex stock index topped 20,000 for the first time yesterday – having almost doubled in value in the last two years.

One of the results of the surge in share prices has been a boost for Mr Ambani's Reliance Industries, a powerhouse of the country's industrial strength and its most valuable firm. Its excellent performance, along with that of two other of the group's companies, saw the net worth of its chairman and managing director rise to $63.2bn (£30.6bn) yesterday.

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Read the rest:
http://news.independent.co.uk/business/news/article3109959.ece