Published on 8 May 2024 on CNN Business via Yahoo Finance
Billionaires alone won’t turn Narendra Modi’s India into a rich country
In March, a quiet coastal town in the western Indian state of Gujarat could have given both Davos and Coachella a run for their money.
That’s when billionaires and movie stars from around the world jetted to Jamnagar, overwhelming its small airport with private planes and chartered flights. They were all there to party with Asia’s richest man, Mukesh Ambani.