It was to open an alternative route to India using knowledge about the spherical nature of the earth to sail directly west across the “Ocean Sea“, i.e. the Atlantic. India was part of the globalisation process from its very historical outset, as much as it is part of it today.
In this lecture, I would like to share some of my thoughts on the growing importance of India and other emerging economies in the globalised world. This group of economies is not easy to define, I admit.