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To Expand Its Economy, India Needs MBA Talent

Wholesale dealers sell tomatoes at Okhla food terminal in New Delhi.

Wholesale dealers sell tomatoes at Okhla food terminal in New Delhi. Photograph by Sami Siva/Redux

A guest post from Matt Symonds, chief editor of MBA50.com, a website dedicated to the world’s outstanding business schools. He is also founder and former director of the QS World MBA Tour and co-author of ABC of Getting the MBA Admissions Edge.

In the summer of 2008, Goldman Sachs produced a report arguing that India could be 40 times bigger by 2050. The authors of the paper, “Ten Things for India to Achieve Its 2050 Potential,” pointed out that by the end of the decade the country would add to the workforce the equivalent of the combined working population of France, Germany, Italy, and the U.K.