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GOOD NEWS: The 2009 festive season has brought back the cheer among the consumers.

GOOD NEWS: The 2009 festive season has brought back the cheer among the consumers.

Indians spend big on necessity, less on luxury

After a year of slowdown in the Indian economy the consumers are finally getting back to shopping malls. Sales are on an upswing, real estate is recovering and automobile companies have also reported higher sales. The 2009 festive season seems to have brought back the cheer among the consumers.

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