Thought for the day

Indian Business Confidence at a 44-Month High


 
Last updated: 3 July 2024
 
The Indian economy continues to grow rapidly. The Business Confidence Index shows "animal spirits", the essential ingredient in economic growth, to be burgeoning, highlights the likelihood of fast growth over the first quarter of 2024. The Market Growth Index indicates robust growth across a wide spectrum of sectors, and the Sales Growth Index continuing month-on-month growth.

India Business Confidence Index: November
Diffusion Index. (50 = 'No Growth')
Indian Business Confidence at a 44-Month High

The Jobs Index suggests that the caution evident for many months in relation to recruitment activity has now evaporated, and businesses across a broad industry base are once again investing in people. The all inclusive Sales Managers Index is consequently also reflecting growth, and the November Index is up at a 4 month high. See more data...



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