| Overview of key industries |
Aviation: Recovery looks difficult
Indian aviation industry went into a spiral dive in 2008, but a quick recovery appeared difficult as it saw falling traffic and high operating costs foisted on it by global recession.
Textile industry loses clothes to economic slowdown
Indian textile was expected to clothe the world when export quotas were torn off three years ago, but far from giving the world its elaborate robe the industry was stripped naked in 2008 by the economic slowdown.
Sweet `n` not-so-sweet pills kept pharma sector in good health
`Eventful` would perhaps be the most apt term to describe the year 2008 for the Indian pharmaceutical industry, for it saw hefty excise duty cuts, foreign firms acquiring domestic ones, legal tussles against
the USFDA ban on import of some drugs by the USFDA, et al.
India`s retail tale remains bullish despite slowdown
From "will they, won`t they?" dilemma, it was finally to "they will!" kind of certainty that the Indian retail industry was a witness to in 2008, with the emerging shape of things over the year suggesting that both
neighbourhood stores and organised retailers are here to stay.
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