Business confidence index soars in Q1 amid robust growth

India Inc maintains that the robust capital expenditure (capex) momentum of the government, strong domestic drivers and a strong financial system are expected to be the key drivers of growth in this fiscal, the survey said. CII director general Chandrajit Banerjee said the positive momentum seen in the first quarter of 2023-24 is encouraging and reiterates the on-ground experience of industry players.

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