India has been so much a flavour of Davos in the past few years. There was the spectacular India Everywhere campaign in 2006 and then India Inclusive last year. This year the mood among the Indian contingent seems to be downbeat, almost depressed.
A top industrialist told me last night, "We are back to being on the sidelines. Back to watching the others take the limelight. Back to the bad old days. It's feeling as if the India story is over."
That may be an exaggeration, but clearly the bouyancy and the euphoria surrounding India has faded a bit. There is a sense that India is missing a great opportunity to shine, because of its internal problems and its inability to fully get its act together.
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