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.
An Indian gov't official was on the idiot box the other night...
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