India’s GDP to grow at 7.1% in FY10: Kotak

* Activities which may be directly hit by a terror strike in Mumbai comprise a miniscule portion of GDP and are unlikely to pull down overall growth. However, foreign investments in the country could be hit adversely, it said.

* Hotels and restaurants constitute only 1.6 per cent of the GDP with five-star hotels contributing a negligible proportion of this, according to the note.

* Kotak also said transport comprises 6.3 per cent of India’s GDP, but air traffic constitutes a tiny segment with only about one million people travelling by air annually.