1^st International Conference of INSSAN at Jamshedpur on 8^th Feb. 2013: Innovation for Sustainable Business Growth

• Srirama Kumar

The year 2011–2012 has ended inconsistently with good to average performances across the various sectors and industries in India. During that period, the overall economic growth in India has been lower than the years before at less than 7 %, even though projections were more than 8 %. The first quarter of the new financial year is also not very well, economic slowdown across all sectors like industry, infrastructure, auto, etc. occurred. In addition, scientists warned that less rain fall compared to other years will negatively affect a lot of agriculture and agricultural-product businesses. This is even more critical because India’s economy strongly depends on those businesses.