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Sparing the dismal performance by the agricultural sector, the economy’s robust growth emphasizes the emergence of India as a global economic power. The Tata- Corus deal earlier this year and other high profile global takeovers by Indian companies has reinforced the same. “With high growth comes high savings and high investment which, in turn, reinforce growth itself ,” commented P. Chidambaram, the finance minister of the country on this commendable growth of the Indian economy.
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Source : IIPM Editorial, 2007
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