Boom Tag Archive
The economic future of India: End of the boom?
After average growth rates of over 8% between 2003 to 2011 the growth engine now has slowed down in India: The growth in the fiscal year 2013/14 is expected to be only 4.8%, the IWF predicts 5.4% for the next fiscal year. End of the growth story or only temporary stuttering engine of growth? What does this mean for investors?