India story is definitely not over, Lakshmi N Mittal says

The India story is definitely not over. We are in the process of continuous growth. India has tremendous potential to grow and we had a momentum to grow. Surely, this was impacted by the global crisis. Before the 2008 crisis, everyone thought that India was insulated from the global economy. The crisis showed we are not. The growth has slowed over the last one-and-a-half years because the European economy is impacting us. In spite of this, we are growing at 7-7.5%. Even the Brazilian economy grew at only 3-4% last year.

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