India Inc. continues to be the most optimistic about rise in exports; displays confidence in employment expectations
India has recently been surrounded with economic uncertainties due to the depreciating Indian rupee against the US dollar and the impending results of the general elections. Despite these uncertainties, India continues to have the highest export expectations with 65% of the respondents voting for an increase in exports in H1 2019, says Grant Thornton’s International Business Report (IBR). However, India continues to rank 3rd in citing economic uncertainty as a constraint for growth.
Brexit uncertainty has not dampened the appetite of Indian businesses investing in the UK. As per the latest annual India meets Britain Tracker published by Grant Thornton UK LLP in association with the Confederation of Indian Industry (CII), there is a significant increase in the contribution of Indian companies to the UK economy over the last year and technology and telecom companies continue to dominate the index for the fastest growing Indian companies in the UK.
Striving towards excellence in the sports advisory space, Grant Thornton in India wins the Best Sports Services Consulting Firm at Assocham’s Sports Excellence awards 2019 during their “National Summit & Awards on Sports Business: Infrastructure, Investment and Merchandising” held in New Delhi today.