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FDI may remain sluggish due to global environment: L&T

PUBLISHED ON: January 4, 2012 | Duration: 13 min, 34 sec

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Y M Deosthalee, CMD of L&T Finance Holdings Ltd told NDTV Profit that investment pipeline for the first half is looking thin as corporates are holding back on fresh investment proposals. He also added that high interest rates and uncertainties on government policies are holding back investment. FDI may also remain sluggish due to global environment, he added.
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