Indian Economy on the Rebound?

An interesting update on the strength of the Indian economy in this BBC video, which focuses on the relatively confidence amongst India’s more affluent consumers (and the fashion & retail industries that target them).

According to this newflash from Nasdaq this morning, the Indian Economy is expected to have grown by almost 8% in the year to 2010, getting close to the average of 9% over the four years to 2008.