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India carmakers pray for good monsoon to drive demand
Published Thu, Jun 11, 2015 · 09:50 PM
Mumbai
CARMAKERS in India are praying that the weatherman is wrong.
India will likely face the driest two-year spell in almost three decades because of the El Nino weather phenomenon, bad news for farmers who depend on a good monsoon to irrigate their fields. A poor crop would mean a new car will be among the first luxuries to go.
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