Vishnu Mathur is the head of the Society of Automobile Manufacturers of India. He says there is weak demand in urban areas for passenger cars. But, he says economic gains in Indias rural areas could help carmakers.
Good feelings about the car industry may be a sign that the worst could be over for the Indian economy. But, they say the countrys agricultural industry will show better growth. The Indian currency, the rupee, lost more than 20 per cent of its value compared to the dollar last year. That should help Indias exports, which are increasing.
Rafique Ahmed is the head of the Federation of Indian Export Organizations. He says exports are growing because of the devalued rupee and better global economic conditions.
While growth is widely expected to increase, economists say it is unlikely to reach levels seen in , for example, when growth was nine percent.
Economists say confidence among investors -- both in India and in other countries -- must return before the Indian economy can improve. Private investment has slowed because investors are concerned by the lack of reform and government barriers to business. Many investors and businesses are waiting to see whom voters will choose to lead the country in national elections to be held by May.
Finance Minister P. Chidambaram has said growth will increase to more than six per cent in .
Im Mario Ritter.
【2014英语四级听力练习慢速3.29(1)】相关文章:
最新
2017-01-16
2016-10-21
2016-10-08
2016-10-08
2016-10-08
2016-10-08