If the historic trend line in Sino-Indian relations holds, the recent India-China military stand-off in the Ladakh region of Jammu and Kashmir will soon be followed by predictable hype in Delhi about the impending transformation of bilateral relations and how it might change the world. The three week intrusion by the Chinese security forces into territory claimed by India came to an end in early May after India persuaded Beijing that a failure to restore the status quo ante could severely set back the bilateral relationship.
Medical devices form a $200 billion global industry, which develops and manufactures essential healthcare equipment ranging in complexity from simple devices like thermometers and stethoscopes to complex devices like pacemakers, ultrasound machines and surgical robots. India’s medical devices market was worth $3 billion in 2011 and grew at roughly 15 percent annually in that year. It is expected to grow at a 16 percent compounded annual clip during the 2010-2015 period, far better than the 2-3 percent growth expected in this sector in the U.S. and Europe.
In India today, matters of public interest seem to get their due only when the Supreme Court has added its two cents. Interest groups, representing both general and special interests, petition the judiciary actively. Debate on any topic often leads to the importance and activism of the Indian Judiciary. In an era where virtually all institutions in India have been vulnerable to political capture, the judiciary seems like the last hope for citizens to receive a fair hearing.