FICCI’S INDIA RISK SURVEY 2016

FICCI has released its annual India Risk Survey 2016 (IRS 2016). This is an attempt to showcase the views and perceptions of business leaders, policymakers, experts, as well as professionals across various sectors and geographies, regarding strategic, operational and safety risks to business establishments. The survey covers the entire industry spectrum covering different geographical zones of the country. The results of the survey provide industry experts and government decision-makers with an important tool to holistically analyse the impact of various risks, so as to plan and execute strategies to prevent, mitigate or control the impact of these risks to business establishments. 

OVERALL BUSINESS CONFIDENCE INDEX INCREASES BY 7 POINTS...HOWEVER CAUTION STILL UNDERLINES THE MOOD OF INDIA INC.

The results of FICCI’s latest Business Confidence Survey indicate an improvement in the confidence levels of members of India Inc. The Overall Business Confidence Index was seven notches higher at 64.3 in the present round, vis-à-vis the value of 56.7 in the last round. This comes on the back of an improvement noted in both Current Conditions Index and Expectations Index. The proportion of respondents citing a ‘moderately to substantially better’ performance vis-à-vis last six months noted an increase at all the three levels – economy, industry and firm level. Also in the current round, participants seemed more positive about the near term prospects.