India

Where Things Are Working in India

With politics gridlocked in Delhi, state governments are taking the lead on reform.

States in India's remote northeast are lagging.

Photographer: Biju Boro/AFP/Getty Images

It's only natural for investors to think of India as a whole: The sheer size and unity of its market is a large part of the country's appeal. And on those terms, there's reason to be gloomy about the prospects for sweeping, national-level reforms, which have run aground in India's gridlocked Parliament.

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