What are the consequences of the economic crisis in india?

[janwei]

What are the consequences of the economic crisis in india? They heavily depend on the IT-service industry which most likely will face a severe down turn. But what about the rest of the economy? How dependent is India on trade with the US & Europe in other sectors of the economy? Are there sectors in the Indian economy that don't react to the crisis at all?

[Padalda]

Now a days economic crisis is existing in almost all the countries except few and from these USA and India are adversely affected. Companies and Industries are trying to strive themselves by minimizing workers and engineers. This ahs now lead to unemployment in the country.