India and China have been on a tear leading up to this year. Economic growth in both countries has been (at times) twice as much as that of the U.S. However, both countries have begun to slow down lately. India has been growing but they have not been able to invest and complete needed infrastructure projects to allow for more sustained growth. The end result is an unintended and inconvenient slow down of it's economy. They can manufacture goods, but getting them through their narrow, clogged streets and to congested ports has become the biggest problem facing the country.
Further Reading:
-http://www.nytimes.com/2012/06/01/business/global/india-feels-pressure-as-growth-rate-is-worse-than-predicted.html
Further Reading:
-http://www.nytimes.com/2012/06/01/business/global/india-feels-pressure-as-growth-rate-is-worse-than-predicted.html