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RE:Thought Experiment
by ASHOK on Oct 05, 2007 08:47 PM
BABA >> That is what for our FM is there. Our guys are not sleeping.
MM Singh helped generating FE surplus, now PC can controll it.
Indian Retail will eat away FE in a big way. We will import lots of consumer durables just wait and watch.
The moment these imports grow, local industry will copy them and cheap made in India copies will appear at every nook and corner.
India is huge market.
We will not go US way. NO way
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