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India’s Sleeping Tech Giants Are About to Awaken

India’s Sleeping Tech Giants Are About to Awaken

A weak rupee could be just the push the Big Five need.

Indians take pictures of a Durga idol inside a makeshift “pandal” structure in Kolkata on Oct. 16. Photo: Disbyangshu Sarkar/AFP/Getty Images

By William Fisher

Perhaps Walmart’s $16 billion acquisition of India’s online shopping leader Flipkart this summer was the last straw. Soon after the massive deal was signed, journalists got a look at a draft proposal for a new e-commerce policy from the central…