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As Covid spreads, 70% Indian CEOs see revenue growth in FY22: PwC survey

93% are willing to invest in digital transformation, 88% are optimistic about global economic growth.

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Seven out of 10 consider the pandemic as the uppermost threat to growth.

Arnab Dutta New Delhi
At a time when the second Covid wave is threatening to upend economic activity again, a recent India Inc poll has revealed that chief executive officers (CEOs) in India are confident about growing their businesses in the current financial year.
 
The annual CEO survey conducted by PwC on Wednesday shows that 70 per cent of the 60 Indian CEOs are confident about clocking revenue growth in 2021-22. The report follows the International Monetary Fund’s (IMF’s) growth projections for India.
 
The IMF’s January 2021 World Economic Outlook projected India’s economy to grow 11.5 per cent in 2021, making it