LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

HSBC survey: Indian business optimistic towards their growth

Indian businesses stood at second position in an a business optimism outlook survey over their growth prospects over the next two financial years after Indonesia, according to a survey of HSBC.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
HSBC survey: Indian business optimistic towards their growth
The survey shows that nine out of ten companies are hopeful and confident they will grow in next two years. Image source: Pixabay
Written By: ZeeBiz WebTeam
Updated: Wed, Jun 26, 2019
03:29 pm
ZeeBiz WebDesk
RELATED NEWS
Exclusive: HSBC to cut up to 300 jobs in UK commercial banking overhaul - source Exclusive: HSBC to cut up to 300 jobs in UK commercial banking overhaul - source
HSBC drops profit goal, warns of restructuring pain ahead as outlook darkens HSBC drops profit goal, warns of restructuring pain ahead as outlook darkens
This HSBC-backed startup aims to become LinkedIn of global trade This HSBC-backed startup aims to become LinkedIn of global trade
HSBC plans retail wealth headcount boost; eyes Singapore expansion HSBC plans retail wealth headcount boost; eyes Singapore expansion
HSBC warms up to India ahead of general polls HSBC warms up to India ahead of general polls

Indian businesses stood at second position in an a business optimism outlook survey over their growth prospects over the next two financial years after Indonesia, according to a survey of HSBC. The survey shows that nine out of ten companies are hopeful and confident they will grow in next two years. 

The 'Navigator: Made for the Future' survey was conducted in 14 markets in the world including Australia, Canada, mainland China, France, Germany, Hong Kong, India, Indonesia, Malaysia, Mexico, Singapore, UAE, UK and US in May 2019. It showed that businesses in India are very optimistic about their growth, in spite of gloomy conditions of macro-economic.

Here are the highlight of what survey showed :
- Indian economy grew at a 5-year low pace of 6.8 per cent in the last fiscal
-Indian businesses have the greatest investment appetite across the 14 markets and none mentioned any plans to decrease their level of investment.
-Indian businesses are likely to get fund from their existing profits like Indonesia, the UK, the US and Mexico.
- After Indonesia, Indian business is intended to invest in activities such as skills and training to selling more products, online servicing enhancing customer experience and on research/innovation and sustainability.
- The head of HSBC India Rajat Verma, said that Indian economy's strength and its demographic potential offers multiple opportunities to grow further. Its innovation as well as effective utilization of technology will be critical in driving the next phase of growth for Indian businesses.
-Survey showed that the 77 per cent of Indian companies are more optimistic in comparison to last year. 
-Almost half of the exporters who expected to grow their businesses are looking at an increase of more than 5 per cent in exports.
-According to the survey, there is a shift to sustainable investing. A high proportion (59 per cent) of Indian businesses, second only to the level in mainland China (60 per cent), plans to increase their investment in sustainability.
-The survey noted that around 33 per cent of Indian business companies feel the need to become environmentally sustainable in order to recruit and retain the best people. This is the highest across all markets," 
-Artificial intelligence (AI), the internet and 5G technologies will provide the most opportunities for growth for Indian firms. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
HSBCHSBC India
RELATED NEWS
Exclusive: HSBC to cut up to 300 jobs in UK commercial banking overhaul - source Exclusive: HSBC to cut up to 300 jobs in UK commercial banking overhaul - source
HSBC drops profit goal, warns of restructuring pain ahead as outlook darkens HSBC drops profit goal, warns of restructuring pain ahead as outlook darkens
This HSBC-backed startup aims to become LinkedIn of global trade This HSBC-backed startup aims to become LinkedIn of global trade
HSBC plans retail wealth headcount boost; eyes Singapore expansion HSBC plans retail wealth headcount boost; eyes Singapore expansion
HSBC warms up to India ahead of general polls HSBC warms up to India ahead of general polls

LATEST NEWS

Platform ticket price raised from Rs 10 to Rs 50 at these stations, check the list

Heranba IPO Allotment Status: Finalised! Didn't get shares? Waiting for refund? Know this important date

HPCL Recruitment 2021: Salary CTC up to Rs 33.95 lakhs - PDF download, Syllabus, Apply Online, Without/Through GATE, Exam Date, Age Limit and more

7th Pay Commission latest news today: DA hike, DR benefit, arrears, ease in LTC — updates that central government employees just cannot miss

UP, Kanpur, Agra Metro Job Vacancy Recruitment 2021: Bumper salary! Up to Rs 1.6 lakhs - Check all application, dates, pay scale details here

Yes Bank Share price I Anand Rathi maintains Sell rating with price target of Rs 14

ICSE CBSE Board Exam 2021: Top 5 exam tips for ICSE CBSE board exam students

UP Gram Panchayat Election 2021 Reservation List Latest News Today: Check pradhan seat aarakshan details here

7th Pay Commission: Who gets double pension and in which case—EXPLAINED

Multibagger Stocks 2021: This scrip has delivered more than 175 pct returns in one year; Choice Broking expert dubs it as a 'share to buy'

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved