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On January 26, 2015, President Obama will become the first sitting U.S. President to visit India twice. Ahead of Indian Prime Minister Narendra Modi’s visit to Washington last September, the U.S.-India Business Council found that its large company members were prepared to invest $40 billion into India by 2017. This at a time when Brazil’s economy is stuttering, Vladimir Putin’s expansionism has made Russia a pariah, and the rich world is looking for someone other than China to love. In the hyperbole of online media, one headline reads, India is the last BRIC Standing.
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