12.07.2015 Views

Q1 FY12 - Aditya Birla Nuvo, Ltd

Q1 FY12 - Aditya Birla Nuvo, Ltd

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India Inc.Indian economy grew by 8.5% in 2010-11In 2011-12, moderation in the GDP growth is projectedIndustrial GDP growth and investment activities have slowed down due to rise in cost of borrowings andincrease in input and fuel costsInflationary pressure has led to moderation in domestic demand and household spendingHaving withstood economic turns in the past, growth outlook for Indian economy remainspositive in the medium to long term. India remains strongly positioned as one of the fastestgrowing economies in the worldAmidst these challenges, <strong>Aditya</strong> <strong>Birla</strong> <strong>Nuvo</strong> continued its profitable growth journey withstrengthened market positioning and robust growth across its businesses3

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