This article assumes that future patterns of development will resemble past industrialization, driven by growth in consumption and the availability of cheap lab

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.