Mr Ratan Tata chairman of TATA Group said that the economic downturn in the US is likely to eventually affect India.

Mr Tata, while replying to questions at the 69th Annual General Meeting of Tata Chemicals in Mumbai, said that "The economic downturn in the US is noticeable and I do not think India will be immune from that downturn. The economic downturn in US is hitting Europe and will eventually affect us here.”