Bullish corporate sentiment
A positive growth sentiment underlines corporate India's expectations about the nation's growth, as well as their own and their industry's growth prospects.
There are some differences in the experiences and sentiments based on company size.
When asked about their company’s own growth compared to other companies, nearly 7 of 10 (68.6%) medium-sized companies are more bullish about this than small-sized companies and large-sized companies.
On the other hand, while only 37% of the surveyed medium sized companies think the Indian economy will grow at a faster rate, the number rises to approximately 52% for small and 50% for large companies.
*Classification of companies based on size: small-sized companies (annual revenues of INR 10-50 crores), medium-sized companies (annual revenues of INR 50-250 crores) and large-sized companies (annual revenues of INR 250 crores+).
