An Indian gov't official was on the idiot box the other night stating India is in a good position to move forward. He said that they are looking to spend 5-6 % of gdp on new infrastructure products. 1% of Aust's gdp is about $1.5 billion and India's economy is bigger than Aust.
NMDC a gov't company is direct in line to deliver this goal. NMDC is forced to grow into an even larger company. Go lcy.
announcement = $, page-15
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