Indian firms witness revenues rising this year: Survey

Wednesday, 28 April 2010, 09:48 Hrs   |    4 Comments
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Indian firms witness revenues rising this year: Survey
Mumbai: About 83 percent Indian firms expect an increase in revenues in the coming year as compared to 70 percent globally, while 74 percent of large-sized businesses compared to a 42 percent global average had experienced a rise in revenues, according to the bi-annual Regus Business Tracker survey, reports PTI.

Consequently, 20 percent more large businesses than the global average (70 percent) expect the rising revenue trend to continue in the coming year said the survey. Also, talking about the most effective factor in aiding recovery, 40 percent of medium businesses (globally 19 percent) advocated a rise in interest rates to curb inflation. About 39 percent more medium-sized businesses than average (37 percent) pressed the need for public investment in infrastructure.

All size businesses in India find consensus on this measure supported by 59 percent of companies nationally, the survey said. The survey also analysed sector differences, finding that in India, 34 per cent more consultancy businesses than average had experienced a rise in revenues (globally 42 percent).

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