Emergic: Rajesh Jain's Blog

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Nagpur Rising

May 20th, 2007 · No Comments

The New York Times writes:

[If] the [Indian] government has its way, Nagpur will become a destination city itself. In an experiment that is highly unusual for this most unplanned of countries, the government is doling out money to Nagpur and other second tier cities to help them modernize fast.

The plan is to provide the kind of modern conveniences, and infrastructure, that will attract more international investors to India. In doing so, the government is following the lead of China, where the government has invested in infrastructure such as roads and airports, taking a build-it-and-they-will-come approach that has drawn foreign corporations helping to fuel the countrys boom.

Tags: Emerging Markets

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