Indian Economy: Growth -3

[Naresh]

<b>India can withstand 'export shock'</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>Many economists have been wistfully saying that if India had adopted an export-oriented growth model, its economy would have grown at an average rate of 9% in the last ten years. However, they don’t hesitate now to happily assert that India has much greater ability to withstand an ‘export shock’ than any other large and fast-growing economy.</b> <!--QuoteEnd--><!--QuoteEEnd-->

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