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"But the games, a quadrennial competition of nations from the old British Empire, may be closely watched by economists and business executives around the world nonetheless. As India emerges as an economic player, the business world will view the games as something of a management competency test. “It is India, and India is a rising power,” said Arvind Subramanian, a senior fellow at the Peterson Institute for International Economics in Washington.
India, with its nearly 9 percent economic growth and rapidly increasing middle class, has become the latest popular destination for global companies and low-growth Western governments. That is why many of the same Western nations that were publicly upset by India’s lack of sports preparedness have recently stepped up their trade efforts with the country.."
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