Private investment to go on with slow pace
The Dollar Business Bureau Even as the Indian economy is expected to see an increase in sales volume and capacity utilization in the next six months, private investment and corporate earnings are likely to remain sluggish, a study has said. “Lack of investment appetite in the private sector in the backdrop of lower capacity utilization, excess supply and continuous pressure on profitability are the areas of concern, for the next few quarters,” said the Associated Chamber of Commerce and Industry ASSOCHAM-Bizcon survey. The survey which analysed the overall economic situation as well as individual firms found that a majority (62.5%) of the respondents hope for a “better state of economy” in the coming six months, although not much has changed in the past ...
Industry confident of a demand revival in six months: Survey
The Dollar Business Bureau More than 60% of the industry feel that the economy will improve in the coming six months. An Assocham-Bizcon Survey conducted in the last week of March seeking views from India Inc said that the general perception among the Indian industry is that things will improve in the next six months in terms of better sales realization and improved order books, reflecting a sense of hope and optimism. The survey also shows improvement in terms of outlook as compared to the previous survey. With regards to the expected order book position in the April to June 2015, quarter majority (60.9 percent) of the firms seem to be optimist and expect an increase in the orders. Thus, ...
