THE RISE OF INDIA - <http://www.khouse.org/enews_article/2007/1093/print/>
(Print)

As Bible students, we all are aware of the allusions to the "Kings of the
East" in the prophetic scenario:

"And the sixth angel poured out his vial upon the great river Euphrates; and
the water thereof was dried up, that the way of the kings of the east might
be prepared (Revelation 16:12)."

In response, we all have become aware of the spectacular rise of China on
the world scene. Just as Henry Luce dubbed the 20th century as "the American
Century," many are recognizing that the 21st century will be "the Asian
Century." And China's achievements are spectacular, indeed. In just one
generation, they have tripled their per capita income, and lifted over 300
million people out of poverty! And they now have become the major competitor
for energy and other commodities.

But with all of the spotlights singling out China, there is another -
overlooked - giant rising in the east: India.

Few people realize the remarkable emergence of India in the global
technological culture, which is destined to dominate the next few decades.
Their research and development centers are sprouting everywhere and are the
seedbeds of the most advanced software platforms, multimedia devices, and
other next-generation innovations.

Major companies, such as Motorola, Hewlett-Packard, and Cisco Systems, are
looking to laboratories in India for their most advanced product
developments. Their advanced 3-D computer simulations are tweaking designs
for car engines and aircraft wings for clients like General Motors and
Boeing. India's Bangalore Research Hub is spawning companies that produce
their own chip designs, software, and pharmaceuticals.

Just as China has emerged as a mass manufacturer, India is emerging as a
giant in services. Technical and managerial strengths in both China and
India are becoming more important that cheap assembly labor. And, their
relative strengths are complementary, not competitive.

For example, China has excelled in mass manufacturing, with multi-billion
electronics and heavy industrial plants; India has specialized in software,
design, services, and precision industry. Their efficiency in back-office
processing alone is legendary and outsourcing such work is expected to
quadruple by 2010 to over $56 billion per year!

These two emerging giants will transform the entire global economy. China
and India account for one-third of the world's population. For the past two
decades, China has been growing at 9.5% per year, and India at 6% per year.
Both are projected to continue at an annual rate of 7-8% for at least the
next ten years.

This is, in some ways, analogous to 19th century America, when a young,
driven workforce grabbed the lead in agriculture, apparel, and the high-tech
innovations of that era: steam engines, the telegraph, and electric lights.
Similarly, these two emerging giants are positioning themselves at the
vanguard of the critical technologies of the coming decades.

More detailed information on this topic can be found in our briefing package
titled The Rise of the Kings of the East.

Related Links:

. <http://www.foreignaffairs.org/special/India> Special Report: The Rise
of India - Foreign Affairs
.
<http://budgetwithet.economictimes.indiatimes.com/Budget_Live/Budget_to_keep
_Indias_economy_powering_ahead/articleshow/1697110.cms> Budget to Keep
India's Economy Powering Ahead - The Economic Times
.
<http://timesofindia.indiatimes.com/India_most_improved_country_Poll/article
show/1728864.cms?sub=apn_tech_down&chan=tc> India 'Most Improved' Country -
Times of India
. <http://www.khouse.org/strategic_trends/china/> Strategic Trends: Rise
of the Far East - Koinonia House
. <http://store.khouse.org/store/catalog/DL116EN.html?mv_pc=ENEWS> Kings
of the East - MP3 Download - Special Offer!
. <http://store.khouse.org/store/catalog/enews.html?mv_pc=ENEWS> Kings of
the East - DVD - Special Offer!

Steve
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