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The Stock Market Effect in India
Malini: India was always a mass market economy. Now, it's almost like the mass segment doesn't even matter. Bajaj is looking to cut its production by almost 25% for its export market. Anubam: If we are able to compound at 6, 7% will be okay. Malini: I think maybe 10, 12% maybe in real GDP terms, maybe a bit of a stretch according to me.