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Recovery in India needs to be investment-led: HSBC

Leif Eskesen, Chief Economist for India & Asean, HSBC Global Research says third quarter GDP growth is in line with expectation. On the demand side, weakness still resides when in comes to private consumption and investment. He says, Indian recovery has to be investment-led for it to be sustainable.

first published: Mar 4, 2014 12:50 pm

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