The fundamentals of the Indian economy are strong and there is no “panic situation” in the country.

Union Minister Prakash Javadekar said sometimes a slowdown is a cyclical process, and such a patch” will not hurt the country’s progress rate.India last year received a record more than China.

Domestic economy is on a strong footing and many new industries, because of the good governance model and the rules, which have been changed for foreign investment.There will be more and more foreign investment, and more and more domestic demand.