Evidently, the Indian consumer is unfazed by the gloomy pictures painted by commentators. Policy paralysis and governance gap are trendy phrases to use, but not much more than just that. Consider that listed Indian companies grew their top-line by an impressive 28% in the quarter ended September 2011 after a 27% growth in the previous quarter. This is a stellar performance by any standard. Companies have not seen this kind of growth since before the 2008 global crisis.