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On a cumulative basis, the FDI equity inflows received by India stood at US$ 20.92 billion during April-December 2009, according to the latest data released by the Department of Industrial Policy and Promotion (DIPP). |
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The Prime Minister's Economic Advisory Council (PMEAC) has pegged India's growth at 8.2 per cent for 2010-11 and 9 per cent in 2011-12, expecting the agriculture, industrial and services sectors to perform well through the next two years. |
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India's industrial output grew at its fastest year-on-year pace in almost two decades at 16.8 per cent in December 2009, signalling a strong recovery. The manufacturing sector, which constitutes around 80 per cent of industrial output, expanded by 18.5 per cent to set the pace of growth. |
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Business confidence in India has touched a two-year high in January 2010, according to the latest National Council of Applied Economic Research (NCAER)-MasterCard Worldwide Index of Business Confidence. |
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India ranks second with 117 points in consumer confidence in the fourth quarter of 2009, according to the Nielsen Global Consumer Confidence survey. |
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The Indian retail market, which is the fifth largest retail destination globally, has been ranked as the most attractive emerging market for investment in the retail sector by AT Kearney's eighth annual Global Retail Development Index (GRDI), in 2009. |
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Ernst & Young has forecast the passenger car market in India to grow by 12 per cent annually over the next five years from the present figure of 1.89 million units to reach 3.75 million units by 2014. The industry's turnover is estimated to touch US$ 155 billion by 2016, which would rank the Indian automobile industry as the world's seventh largest, according to Ernst & Young. |
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The FMCG sector is poised to grow 10-12 per cent yearly for the next 10 years to reach US$ 43 billion by 2013 and US$ 74 billion by 2018, according to a FICCI-Technopak report. |