Indian State of Economy

The possibility of the Indian economy showing positive signs in the 2nd quarter of the current fiscal are quite high, I expect this number to be good in view of the government stimulus that has helped lift consumer spending. Growth may not be very broad based, with gains mainly coming in the in consumer spending. I do not see much support coming in from exports. One would need to look at the numbers minus the auto numbers; one should look at figures that can give a fair idea of consumer spending, real estate investment, inventory and most importantly the inflation and agricultural output to come to any conclusion about the state of the economy.