South Asia Monitor: A Role for India in Latin America's Development - October 1, 2010
October 1, 2010
During the recent FIFA World Cup games, cricket-crazed India morphed into a football-obsessed nation, pledging its overwhelming support to Brazil and Argentina. From Kochi to Kolkata the power lines, city walls, and rickshaws hung the flags and colors of a continent thousands of miles away. Latin America is a natural ally for Indian soccer fans and businesses alike. Both India and Latin America share a focus on development, price-sensitive consumers, and growing young populations; but their differences provide the basis for a synergistic partnership. Latin America has energy resources and abundant agricultural land. India, with strong information technology and health sectors, could profit by participating in Latin America’s development.