86% Indian CEOs optimistic about country's economic growth: PwC survey

According to a survey by consulting firm PwC, most Indian chief executive officers (CEOs) are optimistic about the economy, with 86% expressing confidence in its improvement over the next 12 months. This figure is 30% higher than the previous year. In contrast, only 44% of global CEOs share this optimism. The positive sentiment extends globally, with India regaining its position as the fifth top investment destination for CEOs worldwide. The survey, conducted from October 2, 2023, to November 10, 2023, polled 4,702 CEOs globally, including 79 CEOs in India, revealing India's robust economic outlook amid global uncertainties. In India, the CEOs identified inflation and cyberattacks as the primary threats, with 62% expressing high confidence in their companies' growth, surpassing the global average of 37%.

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