Most of corporate leaders remain bullish about Indian economy’s growth prospects in the near term and the post-election business euphoria has not worn off.
According a survey by professional networking site linkedIn, Indian executives have also emerged as the most optimistic about domestic economy compared to their peers in 14 other countries, including the UK and Germany.
In the July-September period, as much as 87 per cent of the Indian executives surveyed by linkedIn exhibited confidence about the growth of the nation’s economy compared to 90 per cent in the previous quarter (April-June).
The survey is conducted every quarter among 13,000 business leaders across 15 countries. “The post-election business euphoria has yet to wear off among business executives working in India,” linkedIn said
“Based on their responses, they remain bullish on the near term economic outlook for India’s economy. India is among the few countries bucking the negative trend shown in other countries,” it added.