India, Sept. 15 -- "When we look at history, every few decades a new nation rises as an economic powerhouse," said Maruti Suzuki India MD and CEO Hisashi Takeuchi. Over the past 300 years, the rise of Britain was followed by the bigger rises of the US, other European nations like Germany, Japan and Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan). "The last three decades have belonged to China, as it became the factory of the world. And now, the next many decades belong to India," added Takeuchi. Amidst the existing volatile, turbulent, uncertain and trying times, there is an excellent opportunity for India to rise like a Phoenix.

However, if we take a closer look at history, there were unique and compelling circumstances, ev...