Indian CEOs most optimistic in world: PWC survey
an improvement and more than 50 per cent expected it to remain same. However, the confidence level has improved on this front, as 48 per cent of CEOs expected a decline in global economy last year.
The survey results are quite different for India, where 90 per cent CEOs said they are 'somewhat or very confident' of their own company's revenue growth in the next 12 months.
Out of this, a massive 63 per cent said they are very confident, making them the second-most optimistic lot on this front after Russian CEOs (66 per cent). The confidence level of CEOs in India as well as Russia has gone higher on this front, from 55 per cent and 48 per cent respectively.
In the longer term, 97 per cent of Indian CEOs were found to be 'somewhat or very confident' of revenue growth over the next three years, out of which 85 per cent said they are very confident -- making them the most optimistic in the world.
About global economy, 38 per cent of Indian CEOs anticipate improvement in the global economy in 2013, which make them the most optimistic across the world.
However, global CEOs are not so gung-ho either about their own company's growth or the growth potential of India.
Listing the countries about whose growth they are very confident, the CEOs from across the world listed China on the top, while India was at the fifth place ranked below the US, Brazil and Germany.
In longer term, the confidence level of CEOs from
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