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Globally, around 57 percent of the top business leaders are expecting an economic recovery this year, the study claimed. On the higher rate of optimisim in India, Grant Thornton Bharat CEO Vishesh C Chandiok said this could be attributed to the government's focus on 'Make in India' campaign.

"The government’s consistent push for ‘Make in India’ and rising interest from companies and governments across the globe in meeting their sourcing requirements from India will pave the way for robust exports," CEO Vishesh Chandiok said.

The article appeared in money control on 5 March 2021.