CII Survey Highlights Optimism In Indian Economy, Private Investments, & Employment Growth

A recent survey conducted by the Confederation of Indian Industry (CII) has highlighted growing optimism about the Indian economy, with 75% of surveyed firms considering the current environment favorable for private investments.

The survey revealed that 70% of companies plan to invest in FY 2026, suggesting a potential rise in private investments in the coming quarters.

Chandrajit Banerjee, Director General of CII, noted, “Given that 70 percent of the firms surveyed said that they would invest in FY’26, an uptick in private investments might be on the cards over the next few quarters.”

India’s economic resilience, despite global challenges such as disrupted supply chains and geopolitical uncertainties, has positioned it as a bright spot globally.

The government’s focus on public capex-led growth and sound economic policies have supported the revival of the economy.

Employment Trends Revealed By CII Survey

The interim findings of the pan-India survey, based on 300 firms across large, medium, and small enterprises, reveal strong trends in employment generation.

About 97% of firms expect to increase their workforce in FY 2025 and FY 2026, with 42% to 46% of companies planning a 10% to 20% rise in staffing levels.

Employment growth has been consistent, with 79% of firms reporting increased hiring over the past three years.

The manufacturing and services sectors anticipate direct employment growth of 15% to 22% in the next year, with similar increases expected in indirect employment.

Firms highlighted a need for skilled staff at senior management levels, as filling vacancies at higher positions often takes longer, ranging from one to six months.

On wage trends, 40% to 45% of firms reported 10% to 20% salary growth for senior management, supervisory roles, and regular workers in FY 2024 and FY 2025. These trends are expected to boost personal consumption and overall economic activity.

Banerjee emphasized, “With the two critical drivers of growth—private investments and employment—looking positive, we feel confident that overall growth is likely to remain around a stable 6.4-6.7 percent this year and is likely to be 7.0 percent in FY26.”

India’s vision of becoming a developed nation by 2047 hinges on creating quality jobs and fostering sustained economic growth.

The survey’s findings reaffirm optimism about achieving these goals. The broader sample of 500 firms will likely provide final results by February.

“These are promising results, exhibiting confidence about some of the important aspects of the economy. That said, results of the survey, when read along with various other emerging economic indicators, will help in a comprehensive understanding of the economy,” Banerjee concluded.

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