Indian companies more upbeat about profitability growth than EM peers
It should be noted that with input cost inflation continuing to tick higher, Indian companies intend to raise their selling prices over the next 12 months, which could aid operating margins
MUMBAI: Business confidence among Indian manufacturers and services providers showed further improvement in February, according to IHS Markit's quarterly Business Outlook survey. This tri-annual survey is conducted in February, June, and October.
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