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India Inc biz confidence at decade high, commodity prices worry

Mar 08, 2021 09:07 IST | By Editorji News Desk

Business confidence of corporate India is now at a decade high says a survey conducted by Industry body FICCI.  


Overall Business Confidence Index surged to 74.2 vs a dismal 70.2 in the previous survey. Recovery of demand outlook and rising utilisation rates helped sentiment across India Inc. 

However, rising raw material costs especially commodity prices remain a big point of concern for corporate recovery going ahead. Iron ore, copper trade near decade high as global recovery picks up. 

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