India is the world’s largest democracy, with more than one billion people and an economy expanding faster than China’s. But the rewards of this growth have been far from evenly shared. In his best-selling new book, The Billionaire Raj: A Journey Through India’s New Gilded Age, James Crabtree delivers a colourful and revealing portrait of the rise of India’s new billionaire class in a radically unequal society, in what Nobel prize winning economist Amartya Sen described as “an enlightening and engaging story of wealth and poverty in India.”
James Crabtree is an associate professor in practice at the Lee Kuan Yew School of Public Policy at the National University of Singapore, as well as a senior fellow at the School’s Centre on Asia and Globalisation. Between 2011 and 2016, Crabtree led the Financial Times’ coverage of Indian business as Mumbai bureau chief. He is now also a non-resident fellow at Chatham House in London, and writes a regular column for Nikkei.