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Indian Economy and Companies in India |
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India’s economy has been growing 9.2% in 2007 and 9.6% in 2006. Growth had been supported by markets reforms, huge inflows of FDI, rising foreign exchange reserves, both an IT and real estate boom, and a flourishing capital market. The growth rate of the manufacturing sector rose steadily from 8.98% in 2005, to 12% in 2006. Companies in India are
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