The Rise of the World’s Next Great Power and What It Means for Every American
Author: Vinay Rai – William Simon
“THINK INDIA: The Rise of the World’s Next Superpower and What It Means for Every American,” by Vinay Rai and William L. Simon is essential reading for anyone who wants to understand India’s new muscle on the global stage. In THINK INDIA, best-selling author William L. Simon combines with Vinay Rai, a philanthropist, and an icon of progress in India, to give an insider’s view into the country’s dynamic transformation, revealing the forces and unique characteristics behind India’s meteoric rise.
In , Vinay Rai directly challenges Thomas Friedman’s thesis in “The World is Flat.” Rai argues that technology is not the sole factor in creating opportunity in emerging economies. While technology and outsourcing contributed $36 billion to the Indian economy last year, India is more than just an IT hub. Virtually every sector of its economy is growing, from tourism and manufacturing to retail sales and entertainment (Bollywood is the largest film industry in the world). Rai argues that India’s democratic government, education system, values, innovation, modern institutions, and entrepreneurship will drive its success over the next half-century.
THINK INDIA examines Indian culture, how it is changing in response to modernization, and what 
it means for doing business in the country. India is now seen as a rising political and economic power that will wield considerable influence on the world stage in the twenty-first century. THINK INDIA is a colorful, lively, forward-looking account of India’s stunning world debut.
“Deserves to be widely read by anyone who wants a proper understanding of the great twenty first century economic and political power that India promises to be.”
… Bill Emmot, Former Editor In Chief of The Economist.
“Think India is Vinay Rai’s trumpet blast announcing the coming of new economic superpower. His fascinating book is a must read for all Americans intrigued by the next wave of seismic economic change.”
… Prof. Joshua Ronen, Stern School of Business, NYU
“India has awakened from its centuries-old slumber, heading toward becoming a global superpower. This excellent, beautifully written book presents the unfolding story that every American should know more about.”
…Steve Westly, former Senior Vice President of ebay; California State Controller.
“Think India is a passage to the new India. With interesting insights into the country’s economic potential, its companies and entrepreneurs, it is India’s growth story told well.”
…Sunil Mittal, Chairman, Bharti Group, in top fifty of richest people in the world; engaged in joint venture with Wal-Mart for India.
About Vinay Rai
A philosopher. A philanthropist. A visionary. An educationist. A businessman. These are a few adjectives often used with his name. He is Vinay Rai – the creator of a business empire, a mover and shaker in the business world, and once an active member of this community. He is a great exponent of creative capitalism who believes in generating wealth and giving back to society for creating a just and equitable order.
Vinay Rai’s leading role in whatever field he chose – whether it was business or anything else – rests upon his sound academic background. Having completed his Bachelor’s of Science in Physics, with Honors, from the University of Delhi he joined MIT to earn a second Bachelor’s and Master’s degrees, both in engineering. At MIT he became an elected member of Eta Kappa Nu and Sigma Xi, two of the most prestigious honorary societies for engineers. While at MIT, he also took courses at the Harvard Business School.
He returned from the U.S. to India as an engineer and scientist with new dreams and aspirations. He envisioned taking his family business to newer heights; and he had that vigor to bring his dreams to fruition. When he joined the business set up by his father, it was already a million-dollar enterprise. He followed his dreams. He expanded and diversified it into steel production, computers and IT, mobile telecommunications, and engineering. It grew leaps and bounds, and within a few years turned into a billion-dollar behemoth. All through this period, he was an active business leader, being elected by his peers as president of the Cellular Operators Association of India, the Indian Electrical & Electronics Manufacturers’ Association, and the Electronics Components Industries Association, as well as serving as Chairman or Executive Committee member of important national trade and commerce organizations – FICCI, CII & Assocham.
All his successes in business throughout this period could not give him the happiness and joy he was looking for. Widespread poverty and the misery of the people kept him anxious and urged him to do something for the underprivileged especially women who have always remained marginalized whether it is education or health or development. He finds value-based education as a solution to poverty and plight of the people since a knowledge based society can make a significant difference to an individual’s life. With the encouragement of his wife, he has created a unique effort to improve the education of young women through a program called “Girl Genius and Gifted Girl,” wherein any number of orphan girls and 500 girls from the poorest families are accepted every year to receive totally free higher education, including housing and food, and an ample clothing allowance, continuing, for those qualified, to a PhD. “These are the potential stars of tomorrow,” he says, “and to see them flower is pure joy.”
Vinay Rai has also immensely contributed to empowering rural women, promoting ancient arts and culture, promoting applied research for rural areas, supporting health-related issues, and encouraging the aspirations of young people.
Vinay Rai has written two books. The first one “Rethinking India” was published in 2006 in India and second “Think India-The Rise of The World’s Next Super Power and What It Means for Every American” was published by Penguin Dutton in the United States in 2007 Co-authored with William L. Simon.
Vinay Rai’s journey has taken from being a scientist and an engineer, to business leader, academician, philanthropist and philosopher, and finally, he says, “to an understanding of self”.
For More Information Visit:
http://www.vinayrai.in
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