The recent KPMG Global Manufacturing Outlook has revealed a few interesting insights. Though the growth and profitability situation of quite a few manufacturing industries are far from satisfactory, the sentiments about the future look pretty bullish.

Seventy-six percent of manufacturing CEOs based in India responding to KPMG International's 2016 Global Manufacturing Outlook (GMO) say they are confident or very confident in their company's growth prospects over the next 2 years versus 64 percent globally.

And while Indian executives says they are making growth an extremely high priority versus last year (9 percent in 2015 versus 19 percent this year) this is still less than their global peers where 31 percent ranked growth as an extremely high priority this year and 18 percent last year.

This year, KPMG's GMO surveyed 360 senior manufacturing executives from around the world. There were 38 respondents from India. 90 percent of the Indian respondents have global annual revenue between USD$1 billion and USD$10 billion.

The top three areas that Indian CEOs identify as having the biggest impact on their company's growth are the economy and the price of raw materials followed by the regulatory environment. However, every area KPMG asked CEOs that may impact growth received a check mark by over 30 percent of Indian respondents.

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