With the PM back from BRICS summit in Brazil, India is seeking to understand its place in the emerging market pantheon of nations. What we know is that over $15 trillion GDP will be created in these growth markets over the coming decade—a whole new US. In this rebalancing, India is expected to lead, although patience is advised when this involves shifting the per capita GDP of some 1.25 billion citizens. Through an entrepreneurial ecosystem, and the benefit of a quarter century of liberalisation sprint, India is producing products, services and business models that can allow it to be at the striking end of the BRICS team.

Source - http://www.financialexpress.com