
India is set to become the world's fifth largest consumer market by 2025, providing significant opportunities for consumer business companies, says a new Deloitte study, 'Consumer 2020: Reading the signs'.
Estimates by India’s Central Statistical Organisation (CSO) appear to confirm that the country may be tiring somewhat, argued The Economist. According to the CSO, the economy grew by a lower-than expected 7.8% year on year in the first three months of 2011 (GDP grew by an annual 8.5% in the fiscal yearto Mrch 2011, up from 8.0% in the previous year).
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