Yahoo! Finance (June 11): “Emerging Markets: Investing in India"
George T. Haley, professor of marketing at UNH says the textile industry has the potential to be bigger in India than China, but current regulations give companies incentives to stay small. "The textile industry needs some help. Get rid of that limitation, and the GDP could grow 2.5 percent. There is no reason for China to be doing better than India in textiles when China has more expensive labor," Haley says.