India’s Day Dreams of Emulating China
Simon Denyer It was supposed to be the motor for the next phase of India’s economic resurgence, but the country’s manufacturing sector has hit a brick wall, according to new data released Thursday. Dragged down by a sluggish manufacturing sector, India’s economic growth rate slowed to 6.5 percent in the 2011-12 fiscal year, its slowest rate in nine years and well below the 8.5 percent recorded a year earlie ...
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