India growth exceeds forecasts

The global slowdown that began last year affected exports from India for a while but the overall mood in the country continued to be upbeat.  Quarterly growth also continued so facts and emotions were lined up. In Q3 2009, facts seem to have gotten ahead of emotions as India reported 7.9 % growth, ahead of most expectations. Those who know Indian stats are aware that the numbers are not burnished by govt statisticians (unlike another large country in the area).  This is good news for anyone wanting to export to India. See the Financial Times report for more specifics or another report here from the venerable US taxpayer funded Voice of America.