The Indian Economy Blog

July 30, 2007

News Update (July 30)

Filed under: Business — Arjun Swarup @ 7:37 pm

India’s growth rate to be revised upwards from 9.4% to 10.0 %, on the back of strong performance in agriculture and manufacturing.

Close to 60,000 crores of investment being planned in the telecom sector over the next year, with an additional 80 million new consumers being targeted.

In another indicator of the rapid evolution of the Indian private sector, the AV Birla group is increasing its investments in research and development.

1 Comment »

  1. So you think the Birla’s will finally upgrade that Ambassador to bring it into 20th century?

    Comment by Chandra — July 30, 2007 @ 11:41 pm

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