This is all you hear from Godi Media,
1) On the cusp of a boom....
2) Grand MOU signed for FDI.....
3) Momentous news of trillion dollar investments from (insert name of first world country)......
Six months later, no follow up and never heard from source again....unlike China, where real markets exist and factories get built.
While in down-in-the-dumps-India, nothing materializes.
Western investors know they can make money in China, unlike in India, where no one buys crap, except chintzy cheap low grade garbage products.... and that too for local consumption.
Indians can't even make their own cellphones, all parts and sub-assemblies for cellphones come from China, and not necessarily the best China produces.