Factually if we take each point in the Article, a lot has changed and yet not enough:

1. You can get cross country SIM card easily in India today.

2. Taxes for IT business is uniform (no incentive for export per se)

3. Indian IT industry did just fine during bubble burst so Author's cyncism was bit misplaced.

4. Indian aviation industry is fierecly competitive. Today no one worries about future of Air India not because Air India has become good but there is enough competition.

5. I would argue that a lot has been done to ease Foreign investment since Article was written. Why just yesterday new measures were announced (http://indianexpress.com/article/explained/no-mat-on-fii-why...)