Business Confidence in India increased to a record high of 64.90 in the second quarter of 2018 from 60.10 in the first quarter. The improvement in the index this quarter has been led by a rise in both the Current Situation Index and the Expectation Index and is a testimony to a sharp improvement in sentiment in the respondents about the overall economic activity as well as the activity in their own company. Business Confidence in India averaged 58.35 Index Points from 2005 until 2018, reaching an all time high of 71.80 Index Points in the first quarter of 2007 and a record low of 45.70 Index Points in the third quarter of 2013.

Business Confidence in India is expected to be 57.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in India to stand at 56.00 in 12 months time. In the long-term, the India Business Confidence is projected to trend around 59.00 Index Points in 2020, according to our econometric models.

India Business Confidence
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India Business Last Previous Highest Lowest Unit
Business Confidence 64.90 60.10 71.80 45.70 Index Points [+]
Manufacturing PMI 53.10 52.20 55.00 47.90 [+]
Services PMI 52.20 50.90 57.50 44.60 Index Points [+]
Industrial Production 4.50 4.70 19.90 -7.20 percent [+]
Industrial Production Mom 0.60 1.70 14.80 -14.20 percent [+]
Manufacturing Production 4.60 5.10 24.30 -9.10 percent [+]
Changes in Inventories 237.18 258.73 731.25 184.29 INR Billion [+]
Car Production 249913.00 251411.00 292861.00 7277.00 Units [+]
Car Registrations 242233.00 263059.00 304900.00 6508.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production 0.20 -0.50 13.00 -17.50 percent [+]
Steel Production 8520.00 8839.00 9227.00 713.00 Thousand Tonnes [+]
Cement Production 25625.00 25657.00 28579.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 62.02 60.83 62.02 4.20 Points [+]
Competitiveness Rank 58.00 63.00 71.00 42.00 [+]
Composite Pmi 53.00 51.60 55.40 46.00 [+]
Corruption Index 40.00 40.00 40.00 26.30 Points [+]
Corruption Rank 81.00 79.00 95.00 35.00 [+]
Ease of Doing Business 77.00 100.00 139.00 77.00 [+]


India Business Confidence

In India, the Business Confidence Index (BCI) is based on a sample size of around 200 companies covering all industry sectors, including small, medium and large enterprises from different regions. BCI is calculated as a weighted average of the Current Situation Index (CSI) and the Expectation Index (EI), with greater weight given to EI as compared to CSI. These indices are based on three questions on the performance of the economy, respondent’s industry and respondent’s company. Respondents are asked to rate the current and expected performance on a scale of 0 to 100. A score above 50 indicates positive confidence while a score above 75 would indicate strong positive confidence. This page provides - India Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Business Confidence - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
64.90 60.10 71.80 45.70 2005 - 2018 Index Points Quarterly




Country Last
Australia 4.00 Oct/18
Brazil 53.70 Oct/18
Canada 61.80 Oct/18
China 50.20 Oct/18
Euro Area 1.01 Oct/18
France 104.00 Oct/18
Germany 102.80 Oct/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.90 Oct/18
Japan 19.00 Sep/18
Mexico 50.70 Oct/18
Netherlands 5.90 Oct/18
Russia -5.00 Oct/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 38.00 Sep/18
South Korea 71.00 Oct/18
Spain -2.50 Oct/18
Switzerland 100.10 Oct/18
Turkey 87.60 Oct/18
United Kingdom -16.00 Dec/18
United States 57.70 Oct/18


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