Deloitte India CFO Survey 2015

Key survey highlights

• The sentiments on the outlook of the economy in the short and medium term are highly optimistic with around 65% of the CFOs positive about growth in the short run, i.e., within a year's horizon.
• Over the medium term, the level of optimism is even higher with around 97% of the CFOs confident about the prospects of the economy in the next two to three years. Further, around 93% of the CFOs are confident about the prospects in the next four to five years.
• From a policy perspective, optimism prevails regarding the role the new government is likely to play. While 37% of the CFOs are very positive that the new government will accelerate the speed of economic reforms to propel growth, another 59% are positive that the new government will accelerate the speed of economic reforms.
• Within organisations, 71% of CFOs are likely to initiate or speed up new investment plans while 37% are likely to accelerate hiring workforce.
• However, challenges remain; at the macro level, regulatory impediments and uncertainty in tax laws were cited as major issues.