India has set its sights on becoming an economic global power. For western entrepreneurs, the country could be a feasible alternative to China. But how sustainable is the current boom? "We’re a nuclear power, a space power. But India also wants to be an economic power,” says a former Indian ambassador. The key growth indicators point to robust expansion. Business leaders and billionaires in India are in high spirits. With a huge government stimulus program for infrastructure, Prime Minister Narendra Modi wants to turn his vision into reality and make India's economy competitive.