Declining oil prices will buoy the Indian economy: Anand Mahindra

PUBLISHED ON: August 11, 2011 | Duration: 21 min, 05 sec

   
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Anand Mahindra, vice chairman and MD of M&M, says the world economy is not headlong into the abyss, but it will take some time to get into stable economic situation globally. He says the softening commodity prices and robust rural consumption will lead to India becoming an alternative engine of growth for global economy.
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