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I believe that the Indian consumer sector, particularly retailing and restaurants, will continue to do well in 2012 driven by the overall increase in population wealth. Interest rates have peaked and we should start seeing lower interest rates towards the end of next year. That will positively impact Indian financial institutions. Additionally, as people recognize that European turmoil will only have a modest impact in India, I expect the rupee to strengthen by at least 5% from its current level (Rs. 53.30/$1). Finally, I am optimistic that 2012 will also see positive rule changes and increased transparency surrounding India’s infrastructure and government procurement processes. This will benefit companies involved in the bidding process and overall competition in India in general.