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India: Economic slowdown

India: Economic slowdown

Economic slowdown: Companies hampered by slow pace of reform

The Indian economic engine is sputtering but continues to run: it suffers from persistent bottlenecks that the country and its companies have to contend in order to grow.

Growth was only 5.3% in Q2 2012, its lowest level in nine years.
Nonetheless, the effective implementation of reforms, which could open the country to a new cycle of vigorous growth, remains uncertain in view of political paralysis, making companies the potential collateral victims of these gridlocks.

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