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INDIA INC CEOs CHEER NARENDRA MODI, BUT EXPECT MORE ACTION

inPrime Minister Narendra Modi is yet to finish his first 100 days in office, but India Inc CEOs are convinced an economic revival is around the corner.

 

A huge majority of 50 CEOs ET polled in the run-up to this special edition are preparing to make fresh investments and are also stepping up hiring, all in anticipation of 6-8% GDP growth most feel is possible over the next three years.

 

The results of the exclusive ET Poll suggest that after years of uncertainty and inaction, India Inc is now preparing to re-ignite its growth engines. The poll shows 74% of CEOs are already seeing demand pick-up, 80% have made new investment decisions or are likely to do so soon and twothirds are now stepping up hiring.