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India’s headline economic growth rate, a popular national leader, and robust overtures to international miners to invest up to US$15 billion over the next five years should make it one of the focal points of this week’s London Mines and Money. But it will hardly take centre stage at the conference.
India PM Narendra Modi
Instead global miners, with one or two exceptions, continue to regard the nation of 1.3 billion people, and its vast nascent capacity to consume the world’s minerals, with caution.
India commodity demand will grow while China will shrink
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