Sunday, December 6, 2009
India's recovering economy: Vroom, Vroom
India has recovered successfully after a devastating summer monsoon. Although it has left a mark of inflation especially in food prices as agriculture was tremendously hurt by the lack of rain, the Indian economy is very strong. They will need to get their high inflation under control before it becomes a factor which inhibits growth.
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its brilliant to see that India's economy is motoring on nicely even though the rest of the world is experiencing global turmoil. The rise in Maruti Suzuki's sales for November are overwhelming, since other auto giants around the world are suffering dire consequences of the recent recession. The next step for India to reign as an economic superpower would be to keep growing while keeping inflation rates on check.
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