Rupa Subramanya is a distinguished fellow of the Asia Pacific Foundation of Canada and co-author of "Indianomix: Making Sense of Modern India."
Growth trajectory appears more solid than in the late 2000s


Mumbai's central business district on Jan. 6: There are reasons for cautious optimism. © Sipa/AP
Rupa Subramanya is a distinguished fellow of the Asia Pacific Foundation of Canada and co-author of "Indianomix: Making Sense of Modern India."