Business confidence among Indian industry is high, as corroborated by the latest Business Outlook Survey of the Confederation of Indian Industry (CII), which said India has firmly established itself as the world's fastest-growing major economy, demonstrating remarkable resilience amid global
The CII survey conducted over the past 30 days, suggests that 75% of the respondents believe that the current economic environment is conducive to private investments despite geopolitical faultlines disrupting global supply chains and posing serious challenges to global growth.
India's economic outlook for the second quarter of the financial year 2025 appears promising, with the industry expecting greater export orders and enhanced sentiment for employment in the country, as observed by industry body Confederation of Indian Industry (CII) in a survey.
The survey report also added that India's economic growth has remained resilient despite global challenges and uncertainties arising from global economic and geopolitical conditions.
Commenting on the survey results, R Dinesh, President, CII said "The extensive measures which have been introduced by the government in the recent years to streamline, simplify and automate the taxation regime have borne rich dividends as is evident from the upbeat survey results on assessin