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November 1, 2007

Electricity Crisis Hobbles an India Eager to Ascend

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GURGAON, India – This suburb south of New Delhi is where the fruits of India’s economic advance are on full display: sprawling malls, skyscrapers housing India’s acclaimed software companies, condominiums with names as fanciful as Nirvana Country. But this fashionable address of the new India is also a portrait of ambition bumping up against reality, namely an electricity crisis that represents one of the major hurdles to India’s ability to hoist itself into the front ranks of the global economy.

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