78% of Indian CEOs feel that global economic growth will decline over the next 12 months, according to PwC’s 26th Annual Global CEO Survey
57% of India CEOs believe India’s economic growth will improve over the next 12 months, the survey stated
Only 37 per cent of Asia Pacific CEOs and 29 per cent of global CEOs expect economic growth to improve in their countries in 2023
World Bank says India's economy might show lower growth in 2022-23, but it will remain one of the fastest-growing major economies in the world because of its robust domestic demand
The CEO survey stated that inflation, macroeconomic volatility, geopolitical conflict, and climate change are the top threats for this year
60% of Indian CEOs believed that their company would grow despite polycrisis situation all over the world
While cost cuts are high on the priority list globally, 85% Indian CEOs do not plan to reduce headcount. 96% of CEOs do not plan to reduce compensation
41% of Indian CEOs think their organisations will not be economically viable in a decade. 62% of Indian CEOs believe that changing customer demand will impact profitability