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News & Analysis

Economic Growth in India to Fall to 5 Percent – NYTimes.com


“The government’s advance estimates for real G.D.P. growth at 4.9 percent is disappointing, especially coming on the back of a downward revision in growth for fiscal year 2012 from 6.5 percent to 6.2 percent,” said Ms. Bhupali Gursale, an economist at Angel Broking. “On a positive note, though, with the government pushing ahead its reform agenda, the outlook for growth in fiscal year 2014 is likely to improve.”

via Economic Growth in India to Fall to 5 Percent – NYTimes.com.

Although in 2010 India ranked 16th in exports from San Antonio and exports from San Antonio to India decreased by 5% between 2008 and 2010, the sheer size of the India market and its growing middle class means that it is still an export market with tremendous opportunity.

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About NorthwestExpat

Economic developer and hobbyist photographer. My passions are family, skiing, hiking, Newfs, travelling and exploring the Great Northwest.

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