The global economic meltdown that had left its footprint across all countries and economies around the world since mid 2008 is on the decline. The emerging markets like India were relatively less affected during the recession period primarily due to a vibrant local demand-driven economy and lesser dependence on exports. If economic indicators, developments in stock markets and latest trends in job recruitment are any pointers then one can safely conclude that the global economic crisis is gradually coming to an end. The increasing GDP growth figures, the steadily increasing industrial recovery, increased Government spending and the increasing customer confidence indicates that India might be out of all symptoms of recession within a year's time. This is amply reflected in the performance of the large paint manufacturers. However, the double digit inflation is an area of deep concern, as prescription to control inflationary trends might slowdown the process of economicgrowth.
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