Are the CEOs really not confident about India’s growth?

              While going through the survey of KPMG Global Confidence survey, it was very interesting to find that inspite India being the fastest growing economies in the world, the Indian CEOs are not sure about the growth India will have in 3 years.

             A global survey conducted by KPMG International shows Indian CEOs rank fourth in terms of their confidence level in India's economic growth over the next three years. Their confidence level stands at 85 per cent in comparison to China's 95 per cent, Spain's 90 per cent and Italy's 89 per cent.

             There is something to ponder upon on the results of this survey.

It is because the CEOs have lost confidence in the growth of economy inspite of all the initiatives taken by Modi government and rate of growth India is now at.

             Is it because of the uncertain global growth or because of the regulated environment of India??.  Anyways  its upto the CEOs again to come up with new strategies and ideas and tools to bring out the growth in India and build up their confidence level. Also 56 per cent of global CEOs reveal they don't have developed processes for innovations in their respective organizations. That’s quite surprising in this era of innovation. So CEOs should come out with innovations to make the economy grow in this tough environment.