First round of survey show cautious optimism among 500 Indian CEOs/CFOs
75 per cent of respondents expect sales to be better in the coming six months
67 per cent believe the overall economy today is in a better shape than six months ago
57 per cent say profitability margins are moderately or substantially better
Respondents to Business Today's Business Confidence Survey believe the business environment is moderately better, despite high inflation and financing costs. Three-fourths of the 500 Chief Executive Officers and Chief Financial Officers surveyed expect sales to be substantially or moderately better in the next six months.
The optimism was spread across the three segments surveyed by market research agency C fore for Business Today, India's top magazine by readership, in early March just after the Union Budget and before an earthquake and tsunami set off a nuclear meltdown in Japan.
Overall Business confidence index on a scale of 100 for the quarter January to March 2011 is
Business confidence index for Heavy Engineering for the quarter January to March 2011 is
Business confidence index for Light industry for the quarter January to March 2011 is
Business confidence index for Services for the quarter January to March 2011 is
(On a scale of 100)