Anand Sharma sees GDP growth accelerating in 2010

Last Updated: Tuesday, January 19, 2010 - 10:07

Beijing: India`s gross domestic product growth is expected to accelerate in 2010 from 2009, Minister of Commerce and Industry Anand Sharma said on Tuesday.
Speaking at a forum in Beijing, Sharma asserted that the country`s exports recovery is sustainable, but he called for greater access for Indian goods in China in the face of a widening bilateral trade gap.

Bilateral trade between the two giants has grown rapidly, making China India`s second-largest trading partner.
"We have an imbalance, a gap in trade, which we need to meaningfully address," Sharma told the forum.

He called for more Chinese direct investment in India, especially in infrastructure, while noting that Indian firms are already present in China.

Bureau Report



First Published: Tuesday, January 19, 2010 - 10:07

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