[CuriouslyC]

This article assumes that future patterns of development will resemble past industrialization, driven by growth in consumption and the availability of cheap labor. I don't necessarily think that will be the case.

And honestly, I really doubt India is going to get its act together in 50 years. Between a regressive social order and rampant, socially accepted corruption, it needs a major cultural revolution if it is going to achieve its potential as a world leader.