ADDRESSING a conference in his home state of Gujarat on January 10th, Na-rendra Modi, India's prime minister, exuded confidence. India's economy is the fastest-growing and one of the most open in the world, he declared, reaffirming his government's commitment to reform. The 5,000-strong audience, sprinkled with foreign heads of state and corporate bigwigs, applauded warmly. One multinational's boss drew cheers with a sycophantic call for India to "export" Mr Modi to run his home country, America, too.
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