Summary:
NEW DELHI: The Aam Aadmi Party said the Indian economy has officially entered an economic slowdown zone. "We have now officially entered economic slowdown. From falling GDP, massive job losses, to the automobile industry dangerously close to recession — the mess seems to be everywhere. "As the automobile sector slows down, the ripple effect is felt across the automobile component industry," he added. Service sector which contributes more than 50 per cent to GDP mirrors the general slowdown," he said..