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February 25, 2005

"India, US virtually bhai-bhai"

Fortune columnist David Kirkpatrick gushes about how "the Internet is connecting the two countries in ways not conceivable a few years ago".
My gut feeling is that the Indian and American economies are going to become ever more intertwined, and that is probably a good thing. For instance, I found India so enthralling that I could imagine living there someday. Of course, it helps that one vestige of the British colonial system is that most everyone in the country's commercial world speaks English. That makes it easier for a guy like me to get around in India than in places like China or Mexico, to mention two of my other favorite developing countries.

It’s possible to live an extremely comfortable life in India on relatively little money. Someone in India living on $12,000 a year can have a cook, a driver, a housekeeper, and the benefit of all those low prices. I could imagine retiring here. It’s a comforting thought, at least, when I’m worrying about whether I’ve saved enough for retirement...

...As the Internet continues to knit the entire world closer together, especially India and the U.S., we could be headed toward an entirely new kind of transnational lifestyle.

Arun Natarajan is the Editor of TSJ Media, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of TSJ Media's Venture Intelligence India newsletters and reports.