The Trouble with <st1:place w:st="on"><st1:country-region w:st="on">India</st1:country-region></st1:place>: Crumbling roads, jammed airports, and power blackouts could hobble growth, Business Week, March 19, 2007.
http://www.businessweek.com/magazine/content/07_12/b4026001.htm
<st1:country-region w:st="on">India</st1:country-region> captured only $8 billion in foreign direct investment last year, compared with <st1:country-region w:st="on"><st1:place w:st="on">China</st1:place></st1:country-region>'s $63 billion. "Having grandiose plans isn't enough," says <st1:place w:st="on"><st1:placename w:st="on">Yale</st1:placename> <st1:placetype w:st="on">University</st1:placetype></st1:place> economics professor T.N. Srinivasan.
Just about every foreign company operating in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region> has a horror story of the hardships of doing business there. Nokia Corp. saw thousands of its cellular phones ruined last October when a shipment from its factory in Chennai was soaked by rain because there was no room to warehouse the crates of handsets at the local airport. <st1:country-region w:st="on"><st1:place w:st="on">Japan</st1:place></st1:country-region>'s Maruti Suzuki says trucking its cars 900 miles from its factory in Gurgaon to the port in Mumbai can take up to 10 days. That's partly due to delays at the three state borders along the way, where drivers are stalled as officials check their papers. But it's also because big rigs are barred from <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>'s congested cities during the day, when they might bring dense traffic to a standstill. Once at the port, the Japanese company's autos can wait weeks for the next outbound ship because there's not enough dock space for cargo carriers to load and unload.