India Still Fourth Most Attractive Market : PWC Global CEO Survey

India Still Fourth Most Attractive Market : PWC Global CEO Survey

A survey of of chief executive officers from across the world by consultancy gaint PwC shows India has managed to retain the position of the fourth-most attractive market. This was released on Monday the 23^rd PwC CEO survey showed that as many as 53 per cent of global CEOs  believe international economic growth would decline in the next 12 months.

Since the financial crash of 2007-08 the findings are worst with only 29 per cent of CEOs expressing pessimism in the global economy in the 2019 survey. In the year before only 5 per cent of CEOs believed growth would dip. 9 percent CEOs believe India remains among the most important regions for the growth of their organization. The 2019 survey showed 8 percent of CEOs favoured the country. The report surveyed more than 1580 CEOs in 83 countries.

The costly trade war between US and china has regained popularity among the business leaders. India remaining the second-most attractive region. 52 per cent of the surveyed corporate leaders saying growth would decline and a 27 per cent a year ago. From the CEOs interviewed by PwC more than half of the 63 attributed their pessimism to uncertain economic growth.