India Inc's business confidence rebounds to 107.8 in Q2 FY27: NCAER survey
India, Oct. 23 -- Business confidence in India improved in the second quarter of FY2026-27 after declining for four consecutive quarters amid prolonged geopolitical uncertainties, according to the latest survey by the National Council of Applied Economic Research (NCAER).
The Business Confidence Index (BCI) climbed to 107.8 in Q2 from 99.8 in Q1, reflecting a broad-based improvement in business sentiment ahead of the festive season.
Conducted in September, the NCAER Business Expectations Survey covered 502 firms of different sizes across six cities: Delhi-NCR, Bengaluru, Chennai, Kolkata, Mumbai and Pune.
Confidence improves across key business indicators
The increase in the BCI was supported by improved expectations across all four i...
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