Sunday, December 7, 2008

The slowdown in growth : India


The slowdown in growth is evident
in early indicators such as exports and vehicle sales.

India's merchandise exports declined 12.1% in October from a year earlier to $12.8 billion, the first drop in three years.

Maruti, a unit of Suzuki Motor Corp. (7269.TO) and the country's largest carmaker, has reported a 24% decline on year in November sales.

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