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India Inc. continues to be the most optimistic about rise in exports; displays confidence in employment expectations

30 Jul 2019

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.

Grant Thornton wins the best Sports Consulting Firm at Assocham’s Sports Excellence awards 2019

28 Mar 2019

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.

PE investments in India in 2018 matched the record-breaking levels reached in 2017

07 Mar 2019

2018 saw PE/VC investments worth $20.5 billion, the same as in 2017, across 786 transactions. According to the seventh edition of Grant Thornton’s The Fourth Wheel 2019 report, the volumes were driven by tech-enabled start-ups, e-commerce and information technology (IT)/IT enabled service (ITeS).

India Inc. most optimistic about rise in exports; cautious business optimism as economic uncertainty spikes

25 Jan 2019

According to the latest results of Grant Thornton’s International Business Report (IBR), India has emerged as the most optimistic nation for export expectations despite the increasing economic uncertainty all around. This is a significant jump from Q4 2017 where the country ranked 18th on this parameter and only 18% respondents vouched for an increase in exports as compared to 54% in H2 2018.

UK is front runner as largest western investor in India – CBI/Grant Thornton

11 Dec 2018

The United Kingdom has strengthened its investments in India to become the largest single western investor, while British companies have created over 422,000 jobs in India since the turn of the century, according to the CBI and Grant Thornton India’s Sterling Assets: Britain Meets India report.

The education sector in India must be re-aligned to create a talent pool to embrace Industry 4.0, says Grant Thornton-PHDCCI report

06 Dec 2018

While India holds a competitive advantage in leveraging Industry 4.0 to disrupt the manufacturing sector, the country needs to revisit the standard of education at school and college levels and re-align it to the growing needs of today’s technology-driven times, suggests a Grant Thornton-PHD Chamber of Commerce and Industry report titled Industry 4.0: Transforming the manufacturing landscape released at the Industry 4.0 Global Summit organised by PHD Chamber of Commerce and Industry today.

Grant Thornton in India opens its 15th office in Dehradun

13 Oct 2018

In its endeavour to help build a Vibrant Economy and realise the growth opportunities offered by the state of Uttarakhand, Grant Thornton in India, one of the country’s leading professional services firms, has opened its new office in Dehradun. This office will serve as the India Knowledge & Capability Centre (IKCC) for the Firm.

Grant Thornton in India celebrates its fourth global CSR day, adopts ‘Every Day CSR’ approach

14 Sep 2018

In its continuous effort to unlock the potential for growth in its local communities, Grant Thornton in India celebrated its fourth Global CSR day on 13 and 14 September where 174 Grant Thornton employees dedicated 700 working hours towards community development programmes across eleven cities in India.

Over 31,500 projects registered under RERA within a year of its implementation

10 Aug 2018

With the completion of a year of Real Estate (Regulation and Development) Act (RERA) implementation, over 31,500 projects have already been registered under the act, finds Grant Thornton-FICCI report ‘One year of RERA: Where the industry stands,’ released at the FICCI Rajasthan Realty Conclave today. Rajasthan has been gearing up fast for the reform, registering over 795 projects so far.

Business optimism in India remains tepid in Q2 2018

25 Jul 2018

India has recently been declared as the 6th largest economy by the World Bank, surpassing France. However, higher twin deficits resulting in a falling rupee and rising crude oil prices and inflation continue to be the reasons for the sluggish business optimism in the country. It continues to rank 6th on the optimism index with 75% businesses in India optimistic about the economic outlook in Q2 2018, finds Grant Thornton’s International Business Report (IBR), a quarterly global business survey. The confidence of Indian businesses has been low since Q3 2017 and is indeed a wakeup call for the government and policymakers. The survey reveals a similar trend globally as business optimism witnessed a drop from the record high net 61% reported in Q1 2018 to a net 54% in Q2 2018.