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Business Confidence at 10-Year High in India

Business Confidence at 10-Year High in India

The Federation of Indian Chamber of Commerce & Industry (FICCI)  reported a further improvement in the optimism level of its  members of India Inc. Improvement in both current conditions as well as the expectations index has pulled the 2021 Overall Business Confidence Index value to a decadal high in the current survey. The Overall Business Confidence Index stood at 74.2 in the current round, compared to  59.0 a year ago.

About 27% respondents expect an increase in the selling price of their products over the next six months as compared to 21% stating the same in the previous round, and 14% a year ago.
Improved economic conditions and greater pricing power is likely to drive profits of corporate India over the next two quarters. The percentage of participants citing higher profits over the next six months increased to 36% in the latest survey from 33% respondents stating likewise in the previous round.
  • Outlook on employment and exports also reported a discernible improvement. 35%  of respondents were optimistic about better hiring prospects over the next two quarters, up from 22%.
  • Export prospects were also reported to be better in the current round with 41% respondents indicating higher outbound shipments, up from 27%.
  • 31% participants said that they foresee higher to much higher investments over the coming six months, as compared to 19% participants stating likewise in the previous round.

Last updated: December 26th, 2025

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Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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