India Gate, in New Delhi
Media playback is unsupported on your device
Video

India's economic growth is now slowing sharply

India may become the first of the so-called BRIC economies to lose its investment grade status.

That's according to a report by ratings agency Standard & Poor's, which cut its outlook on India in April.

Growth has slowed to its slowest pace in almost a decade and its industrial production in April rose by a less-than-expected 0.1% from a year earlier.

The BBC's Rajini Vaidyanathan has more on the challenges facing India.

  • 12 Jun 2012