This essay argues that the ‘thought figure’ of world literature has been under incalculable strain from its inception, given the diversity of linguistic and cultural contexts within which it must be understood. After a brief introductory discussion of Rabindranath Tagore’s talk on world literature (1907), the essay goes on to connect world literature debates with those in global modernism, especially modernism in the colony. Looking at the networks of modernism, and the role of little magazines in India, particularly Bengal, in creating a sense of world literature through reviews and translations, it stresses the importance of location, language, and perspective in the wake of decolonization. However, in the present time of ecological and planetary crisis, with a global upsurge of xenophobia, insularity, and ethnic, racist, or communal violence, the notion of a world, or of a world literature, is hard to sustain.