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TATA MOTORS Sixty-Third Annual Report 2007-08

 
 
 
 
 
shax001

by shax001

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The Indian economy continued to register impressive GDP growth,
although the rate of growth declined marginally over the previous year,
reflecting inflationary trends driven by the increase in the cost of energy
and raw materials. The level of industrial activity has also begun to decline
as a result of fiscal constraints imposed on money supply and the raising
of interest rates.

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09/18/2009
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