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2009-02-15

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Abstract As the world economy becomes increasingly integrated and globalized,
U.S. companies face unprecedented opportunity, as well as challenge. In the global
marketplace, China has made great strides in economic and commercial developments.
The business community observes that China is becoming a manufacturing
base for the world in providing quality products at low prices. As more business
people turn their attention to China’s progress, however, they are missing out on an
important part of the equation: its neighboring country, India, which may deserve
more attention than it has received. In this article, we attempt to present an
argument that India could be a viable alternative in competition with other countries
on the world stage. In spite of its problems, the Indian government and people are
determined to increase Indian contribution to the world economy. As such, India may
serve as its next frontier.

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