CFOs optimistic about India Inc.

Finance executives in India are extremely optimistic about the prospects for economic expansion in India in the coming year than their global counterpart, says a survey.

As per the fourth annual American Express/CFO Research Global Business and Spending Monitor, 87 per cent of CFOs in India are expecting economic expansion in the country in the next year, while 75 per cent of global executives expect economic expansion in the same period.

Moreover, even higher proportions, 93 per cent Indians expect to see modest or substantial top-line growth at their companies during the same period.

At the country level expansion, India is followed by Mexico where 84 per cent of CFOs saw a modest to substantial economic growth in the next one year, Germany (83 per cent), Singapore (81 per cent) and the US (74 per cent.

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