India’s economy grew 6.1% last quarter, igniting hopes that its economy is emerging from the global financial crisis.
However, an unusually dry monsoon season is threatening to stop this rebound before it even starts.
You see, about one-fifth of India’s GDP comes from its agriculture sector… and that sector is dependent on monsoon rain.
But, this year, that rain hasn’t come. Rainfall has been 29% below average this summer.
Will India’s economy be able to continue its rebound without the rain?
This free report shows exactly how detrimental this drought will be for the Indian economic growth – and tells you if now is the time to invest in India.
Full Story: Access to the remainder of our free investor report on Indian growth is reserved for Money Morning subscribers, who receive in-depth news and expert investment advice every day, free of charge. To join and get our FREE India growth report, simply sign up below. more details www.marketmantra.in
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