OTCQB:DGWR - Post by User
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morganagordonaon Jun 01, 2011 2:18am
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Post# 18653612
India's Construction Spending Expected to Reach $3
India's Construction Spending Expected to Reach $3Indiais experiencing a slowed growth rate due to the current economicdownturn, but it is expected to rise again within the next three to fouryears thanks to its resiliency to the world markets' conditions. Whenit does, the growth rates for the construction industry sectors areexpected to exceed the overall GDP growth. India'sconstruction spending is expected to increase to $370 billion U.S. bythe end of 2013, with residential totalling $63 billion U.S. andnonresidential registering at $307 billion U.S.