"After a slight dip in Q1, India is climbing the optimism charts faster, ranking 2nd on the index this quarter. Indian businesses expect an increase in selling prices and higher revenue, both reflected in the booming stock markets. The Government continues to bring in transformational reforms such as GST which has given a further push to optimism. The only worrying factor is the weak outlook on employment which we hope will give impetus to labour reforms. The other area which also needs to be addressed is exports,"
Partner, Grant Thornton India LLP
This article appeared in News18 on 24th July, 2017.