Indian businesses are expressing optimism regarding the nation’s economic growth as the Union Budget for the fiscal year 2025-26 draws near, as indicated by a survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI).
In spite of global uncertainties, a significant number of respondents conveyed their confidence in India’s growth prospects.
A survey involving more than 150 companies revealed that 64% of respondents expressed optimism regarding India’s growth potential. Additionally, 60% of those surveyed predicted GDP growth in the range of 6.5% to 6.9% for the current fiscal year.
This marks a decrease from the 8% growth observed in 2023-24, yet it remains consistent with the prevailing global challenges.
