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I bear in mind listening to an enormous shot at one among India’s largest company homes about India’s financial prospects in 2008; this was on the fag finish of December 2007. With a ringside view of financial tendencies, movement of funds and enterprise sentiment, he was extraordinarily optimistic about 2008, understanding that tens of billion {dollars} have been about to movement into infrastructure, actual property and different companies. India will be unable to soak up the torrent of cash that’s headed our means, he stated, particularly from the Gulf international locations, since oil costs had been excessive and petrodollars have been in search of an funding vacation spot. India was then seen as one of the crucial enticing funding locations on earth. This company honcho was actually sharing what he was witnessing from very shut quarters.
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