Here's a brief note on one of the BRIC economies. India's government is getting ready to spend some serious money to expand capacity at its ports. They'll need all of that throughput ability if the recently signed Japan-India free trade agreement results in more cargo traffic through South Asia's sea lanes.
I've been a China bull up to now but India deserves further study. These two ancient cultures are IMHO soon to become serious regional rivals.
Full disclosure: No holdings in any Indian investments.
