Tata Nano and the Birth of a Middle Class
Thursday, January 10th, 2008 by Devin DeCiantis | 3 Comments »
Cambridge, MA–It’s been a pretty stellar decade so far in the world’s largest democracy. The economy is growing at nearly 9% a year, GDP per capita has nearly doubled, and its largest multinationals are on a global feeding frenzy, gobbling up anything they can get their rupees on.
From steel makers and aluminum manufacturers to fabled liquor empires and Britain’s beloved Tetley Tea, corporate India is expanding aggressively in its quest to unseat Japan and China, Asia’s two incumbent economic powers. Perhaps not surprisingly, capitalism suits the former British colony well — at least in the aggregate — and with the birth of the world’s cheapest car and a play for Ford’s premium European business, Tata looks set to usher in a new era of Indian industrial leadership. (more…)


Cambridge, MA—The American public has responded in 

