India’s power crisis presses case for faster reform

Thousands of neon lights and bill boards in India’s gleaming metropolis of Bombay go off for four hours every night due to a crippling power shortage in the country’s most industrialized state.

While turning off the lights is a token to alleviate a crisis for millions of Maharashtrians outside Bombay, it bodes ill for India’s efforts to match rival China in luring foreign investors and pitching the city against Shanghai as a financial centre.