India Industrials ：Takeaways from ‘Make inIndia’ conference Reduce:growing risk of backlog erosions Buy: FY15 results in line with expectations Buy: 4Q15 preview - raise estimates on FX tailwinds EM Strategy Plus China passenger vehicle sector: January auto sales remaining resilient News, views and valuation Brazil’s central bank: Soft inside Buy: Expand into water environment business; FY15 in line US Daily Economic Notes: What you need to know for the week ahead