Adb sees India growth picking up to 6 percent
ADB sees India growth picking up to 6 percent Domestic consumption could boost India's slowing economy to 6 percent growth this year, but the country may still fail to reach that level if it does not follow through on reforms to encourage investment, the Asian Development Bank said Tuesday.
The Indian economy is expected to grow by 6.1-6.5 percent during 2009-10 owing to high growth in key sectors like agriculture and services, according to an industry lobby study.