India Inc More Positive in Q3: Survey

India: Upbeat

Indian companies took part in the survey, such as Coal India and Dr Reddy’s Laboratories, were more optimistic than the previous quarter. Business Standard reports that of the 10 companies surveyed six were positive and four were neutral. Meanwhile, the risks counted were economic instability, rising costs and regulatory worries and the employment level remained unchanged this time.

Japan: Downbeat

Among the 97 Japanese companies participated in the survey, 54 cited global economic uncertainties as the key risk factor, while other 15 cited other risks including domestic uncertainty and oil prices. Eight of the respondents said rising costs were the key risk. 17 companies showed a neutral outlook; two reported a negative one and only one showed a positive outlook.

China: Downbeat

Chinese companies were also pessimistic in the survey. Of the six respondents, four Chinese companies had a neutral outlook in the survey, one was positive and one was negative. For majority of them, global economy was the key risk factor, while one cited rising costs. For most of those companies the employment level remained the same, with one reporting a lower level.