This is not an ‘India Shining’ Book and nor is it an ‘India Depressing’ Book,” he said. We thought that rather than doing a study filled with charts, it would be better to get 60 essays from figures in business, economics and arts. “We felt that the whole of India was growing very fast – that there was huge euphoria and then depression – and neither the euphoria nor the depression was justified, so we thought a better dialogue would give people a better understanding.
“We started working on this book about a year ago when there was a sense that while the potential of India in the long term is still high, there is a mounting frustration that the lives of the 1.2 billion people are not improving as fast as anyone would like,” said Chairman of McKinsey India Adil Zainulbhai. The book, edited by McKinsey & Company, features 60 original essays by leading thinkers from around the world, in the arts, business and media, including Microsoft founder Bill Gates, Maximum City author Suketu Mehta and former world chess champion Viswanathan Anand. That was the consensus at the Reimagining India: Unlocking the Potential of Asia’s Next Superpower UK book launch, held at Asia House this week. Bad decisions, corruption and political paralysis are holding back India’s growth but things are likely to change at the 2014 parliamentary election.
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