According to a latest ASSOCHAM Bizcon Survey, a large part of India Inc. is getting increasingly optimistic about performance of the economy in coming six months, leading to higher sales and profitability on the back of uptick in the company order-book and capacity utilization.

The optimism is reflected both at the levels of firms and the industry, for April-September period even though the feel good is yet to convert into increased appetite for fresh investment and better employment opportunities, noted the survey conducted by ASSOCHAM Economic Research Bureau (AERB).

About 57.1 percent of the respondents in ASSOCHAM Bizcon Survey across different industry segments shared a sense of optimism about the economy for the next months. Then, it is trickled down to the firm level with 61.9 per cent respondents feeling confident about the same.

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