| Topic : Investment Strategies during Economic slowdown |
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Activity:
Question posted: 12 01 2009 12:16:58 +0000,
1 answers, 128 views, last activity
07 06 2010 20:18:08 +0000
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The Gross Domestic Product (GDP) grew 7.9 % during July-September 2009 compared to first quarter of only 6.1 % where the Overall, industrial output was boosted by strong growth in mining (9.5 per cent), manufacturing (9.2 per cent) and electricity (7.5 per cent) during the quarter. Do you think investing now in these sectors will give a additional return? share you views...
Yes, in my view, growth has returned riding on the back of natural gas and revived industrial investments. Three factors have contributed to the growth in output - the stimulus packages instituted between November 2008 and March 2009, natural gas (D-6) production in the mining sector, and the revival of manufacturing sector as bank credit revived after a contraction last year in the wake of the global financial crisis. increases in overall gas production and manufacturing too, is expected to keep the growth buoyant in fiscal 2010.
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