The world's second most populous nation is beginning to address its problems of lack of infrastructure and a burdensome bureaucracy.
Experts see a fertile investment field opening up on the subcontinent.
Washington CEO Inc. India , which has the world's second largest population, has struggled economically for the 50 years since it gained independence from Great Britain. But, the country has recently initiated a series of reforms to open up its economy and overcome its fundamental weaknesses and the continued economic disparity between it and other Asian countries. The encouragement of foreign investment is a major initiative in the reform process. India was a recent destination for a trade mission led by the Trade Development Alliance of Greater Seattle. Although this was the first regional trade mission to India, there have been a number of recent programs to strengthen the relationship between Washington state and India, including a Confederation of Indian Industries delegation in 1992, an Indian environmental delegation in 1993 and a business program for the Indian ambassador to the United States in 1995.