RBI: India\\\'s economic recovery still uneven

India's economy is on the way to recovery but the road ahead may be bumpy, Reserve Bank of India Gov. Raghuram Rajan said Monday. Rajan said strong export data and accelerating car sale growth suggest the economy could be gaining momentum even though investment data remain disappointing. ‘Recovery is still uneven,’ Rajan told an audience of bankers gathered at a conference in Mumbai. ‘We need investment to pick up.’ Rajan's words came only a few days after data showed industrial production in Asia's third-largest economy expanded less than expected in July, tempering recent optimism about an upswing in the economy, according to wsj.com