2024-25 Q2: India's BCI drops to 134.3, yet 62.1% firms anticipate economic improvement.
In Q2 of the 2024-25 fiscal year, India's Business Confidence Index (BCI) fell to 134.3, down from 149.8 in Q1 and 140.7 in the same quarter last year, according to a survey of nearly 500 firms. Despite the decline, 62.1% of firms expect overall economic conditions to improve in the next six months, with strong optimism about production and domestic sales. The survey indicates ongoing economic activity, albeit at a moderated pace.
October 18, 2024
7 Articles