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ASSOCHAM Bizcon Survey says sales will improve in six months

By Swati Sanyal Tarafdar,

Added 23 April 2015

The survey was done in the last week of March, seeking views of India Inc about the outlook in the next quarter and the coming six months

About 39 per cent of the respondents feel that in the April to June 2015 quarter no change is expected in the costing of electricity.

However, the fresh investment commitments remain some distance away. As many 39.1 percent respondents believe that April to June 2015 quarter won't see any change in their domestic investment plans, said Kapoor.

Similar feeling is reflected in the international investment perspective for the April to June 2015 quarter as majority respondents (43.5 percent) indicate that no change will be there in the investment plans.

"For now, the focus seems to be on better utilisation of the existing capacity, as indicated by the ASSOCHAM Bizcon Survey," chamber Chief said.

March 2015 survey results indicate that majority of the industry (56.5 percent) is of the opinion that it will again be engaged at higher levels of capacity utilisation in the April to June 2015 quarter.

For the April to June 2015 quarter majority (60.9 percent) of the firms seem to be optimist and expect an increase in the order book position.

In terms of policy parameters, investment on infrastructure comes on top of the priority list of the industry leaders, followed by effective policy reforms, clearance of pending projects and stable foreign exchange rates. Inflation does not seem to be a big concern at this point of time.

End