This definitely seems like a comparison that has far exceeded a reasonably valid scope - Chennai being a threat to Detroit. The article talks about the infrastructural revolution taking place in Chennai and how it is fast becoming a center for automotive and manufacturing excellence, how government has reformed policy to make all this happen and how the doors are opening but not open yet amd how ever increasing international recognition is transforming the manufacturing landscape in Chennai.It is here that this comparison (with Detroit's might) takes flight. The tone and the comparison with Detroit and the suggestion that Detroit's auto manufacturers are shaking in their boots because Chennai exports engine valves seems a little far fetched (though I am not excluding this future possibility) and designed just to fill the Indian balloon with more hot air. As always, a comparison with China follows suit.
[Warning! ONLY interested readers and insomniacs proceed]
In September 2005, I had linked to a tangible statistical comparison between China and India vis a vis their trade volumes as percentage of GDP, sectors that contribute most to trade (export and import) and finally a look at social indices such as literacy rate (adult and more importantly, women), poverty rates etc. The numbers speak for themselves.
[Link] to my earlier post and to save you, my assiduous reader, the trouble of an extra mouse click I will reproduce all the relevant links in this post. [Link] article by Shankar Acharya, the Chief Economic Advisor to the Govt. of India. He rules this as a no contest in favor of China. Not to worry though, James Waterton says the future is indeed colored saffron. His a case against China is [here] and one for India is [here]. As the adage goes, "A picture is worth a thousand words" comes to mind as these numbers are visually pie charted in this [report] by Deutsche Bank. [hat tip: New Economist]. I urge the reader to take some time out to carefully read these documents and as a thought experiment, introspect on the state of India's society and economy. Read this Deutsche Bank [report] on their thoughts on India becoming a major economic powerhouse. Though all this reading is quite involved, it will lend some form and structure to the opinions you may have formed while going through Shankar Acharya's column and Deutsche Bank's visual comparison of the two economies.
The sad state of the much lauded "world's largest democracy" is on full display - The hindu [reports] that the DMK government in Tamil Nadu is actually making good on its poll promise of dishing out free color TVs. The "beneficiaries" have also been identified. I cant think of which is worse - the DMK actually fulfilling their promise or that the next time around the shrewd public will want more thereby raising the ante for electorate sellouts. Since this largesse comes at the expense of tax payers, maybe I should be thankful that the AIADMK wasnt elected - they had free computers as part of their electoral bribe, I mean promise. The immaturity of our democracy is reminiscent of cargo cults in the Pacific says Atanu Dey. To learn more, visit these links  and 
[Update: Atanu's blog seems to acting all of a sudden, will let you know when it behaves]
[Update 07/05/06: Atanu informs us that his blog is back up!]