India is buying, creating demand:
As second biggest importer, India helps balance global trade
22 Nov, 2010, 05.55AM IST, Rishi Shah,ET Bureau
"Countries such as US and India are injecting demand into the global demand because we have deficits. Actually, India is second largest contributor to the global net demand. In 2009, India contributed something like 6.5% of the total net injection of demand," said Arvind Virmani, executive director-India , International Monetary Fund
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