Mukesh's Plan

A very detailed story in Newsweek about Mukesh Ambani's plan to expand into Retail and Agriculture. While the rest of the country has been obsessed with IT, this plan aims to make money in a decidedly Old Economy way. It is a tantalizing vision that has the power to spread India's growth to its villages, where most of the country still lives.

One astonishing tit-bit:
Soon after the (Jamnagar) plant came online in 2000, India not only stopped importing refined oil products, it started exporting enough to more than pay for its crude-oil imports, becoming a net energy exporter for the first time.

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