KRAIT
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Anything that paints good picture of India is either doctored, or influenced politically or fake.
You guys just can't admit that after getting hit by recession in European countries and our Servivce industry suffering very bad, which is 53% of our GDP, we still grew at rate of 5.5% last quarter. Compare it with other BRIC countries except China, Russia and Brazil. Brazil is very low right now.
Rupee which was said that will reach 60 per $1 is now at 52-53 per $1. The industrial output has stabilized. Things are getting normal and billions are getting invested.
China is way ahead but this topic is about consumer market.
India's 650 million middle class is more than many countries combined population.
Our higher class population is more than your total population.
Look at purchasing power increase in middle and higher class of India. Even rural sector is buying Chinese phones.
You guys just can't admit that after getting hit by recession in European countries and our Servivce industry suffering very bad, which is 53% of our GDP, we still grew at rate of 5.5% last quarter. Compare it with other BRIC countries except China, Russia and Brazil. Brazil is very low right now.
Rupee which was said that will reach 60 per $1 is now at 52-53 per $1. The industrial output has stabilized. Things are getting normal and billions are getting invested.
China is way ahead but this topic is about consumer market.
India's 650 million middle class is more than many countries combined population.
Our higher class population is more than your total population.
Look at purchasing power increase in middle and higher class of India. Even rural sector is buying Chinese phones.
