JOHANNESBURG--December 11, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--In April, the Asian Development Bank (ADB) (Manila, Philippines) projected India's growth in the 2012-13 financial year at 7%. But the bank lowered its estimate to 6.5% in July and then to 5.6% in October. The bank has now cut the forecast to 5.4%, giving falling global demand and the impact of a delayed monsoon on agricultural production as reasons.