Asia Inside Out Podcast: India's Billionaire Raj
Indian businessmen, Kingfisher and UP Group India Chairman Vijay Maliya (R) talks with Reliance Industries Chairman and Managing Director Mukesh Ambani during the 21st India Economic Summit in New Delhi, 29 November 2005. (Raveendran/AFP/Getty Images)
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The film Crazy Rich Asians has garnered a lot of attention this year for its portrayal of the spoiled lives of the superrich in Singapore. A new book by James Crabtree, associate professor at the Lee Kuan Yew School of Public Policy and a former Financial Times journalist, turns its gaze to the lives of the wealthy in another, much larger, part of Asia: India.
In this episode of Asia Inside Out, Anubhav Gupta, assistant director of the Asia Society Policy Institute, talks with Crabtree about his book The Billionaire Raj: A Journey through India’s New Gilded Age, a detailed account of how India’s super-rich have grown in number over the past two decades, how they have changed the country’s image in the minds of the world, and how they have altered the economic trajectory of their nation. The conversation also delves into an issue that threatens India’s economic future: corruption.
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