India Inc's yearly outlook 'most cautious in a decade': PwC survey

CEOs globally 'most pessimistic' on growth in 12 years, says PwC survey

Nearly six in 10 corporate heads in India (57 per cent) are optimistic about the country’s growth prospects in 2023 in the face of a global slowdown, as well as inflationary and geopolitical concerns, according to a survey by advisory firm PwC. This is “the most cautious outlook in over a decade”, the survey said.

The PwC’s Annual Global CEO Survey, which was launched during the World Economic Forum annual meeting in Davos, showed that 78 per cent of chief executive officers (CEOs) in India and 73 per cent of global CEOs believe that global economic growth will decline over the