>>
Home / Knowledge / News / Textiles / FICCI Business Confidence Index hits a new low

FICCI Business Confidence Index hits a new low

28
Apr '08
The high interest rate regime, appreciating rupee, and the rising cost of industrial inputs and raw materials have conspired to give corporate India's confidence level a hard knock.

Fifty per cent of the companies participating in FICCI's latest Business Confidence Survey have reported that overall economic conditions have deteriorated over the last six months compared with 19% in the last survey.

The expectations of the industry with regard to overall economic conditions in the coming six months are also not very optimistic.

While 38% believe that the current economic situation will be maintained over the next six months, close to a third feel that things would turn worse and the situation would further weaken.

The silver lining in the survey is the fact that nearly 54% of the participating firms have reported that their investments are likely to increase in the coming six months.

This figure is much higher when compared to the corresponding figure of 33% obtained in the previous survey. Further, this improvement in the investments index is largely due to the higher reported investments by members from the heavy industry.

The moderation in the assessment made by the participating companies about performance particularly at the economy and at the industry level is reflected in the movement of the confidence indices computed by FICCI.

The values of the three indices computed by FICCI, which had declined to a five year low in the last survey, have further moved down in the present survey.


Must ReadView All

Pic: Shutterstock

Textiles | On 25th May 2022

New York senate passes bill to ban harmful PFAS in apparel

The New York State senate recently passed a bill that prohibits the...

Pic: craig hastings | Dreamstime.com

Textiles | On 25th May 2022

German GDP rises by 0.2% in Q1 2022 over Q4 2021: Destatis

Germany’s GDP rose by 0.2 per cent in the first quarter (Q1) of 2022...

Pic: Shutterstock

Textiles | On 25th May 2022

Businessmen in Bangladesh urge govt not to hike gas, power prices

Bangladesh businessmen have called for not raising gas and...

Interviews View All

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Nishant Poddar,

Nishant Poddar

Since 2015, Universal Sportsbiz Pvt. Ltd. (USPL) has been shaking up the...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Prakruti Gupta Rao & Navin Rao, Brand - The Kaftan Company

Prakruti Gupta Rao & Navin Rao
Brand - The Kaftan Company

The Kaftan Company (TKC) is India’s most recognised brand for kaftans,...

Susumu Miura, Label - Avalone

Susumu Miura
Label - Avalone

<div>Tokyo-based fashion brand Avalone, founded by Susumu Miura in 2013...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Abit
Reiter India Private Limited
BRINKMANN GMBH
Green Fibre
EMBEE CORPORATION
H;&M Hennes ;& Mauritz (Far East) Ltd
Infor (Hong Kong) Limited
Alison Hayes Romania
Hirdaramani International Export Private Limited
Datatex Consulting Srl
Decathlon
Messe Frankfurt Exhibition GmbH
Varner AS Retail
Comasia Limited
Aleph Srl
John Varvatos
JES MEDIA, INC
Recron Polyester from Reliance Industries Limited
IFF Media Ag - International Media Services
J ;& P Coats
Brandix Lanka Limited
Chico’ FAS
Walmart
FULGAR SpA
Bluesign Technologies Ag
Colours India Inc
Nandan Denim Limited
IIGM Private Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Tory Burch Hong Kong Ltd
MAS Active / MAS Kreeda / MAS Bodyline
Alix Partners
Rayonese Textile Inc., Division de Culp Inc.
Sportswear Company Spa
THE BOMBAY DYEING ;& MFG.CO. LTD
Pt. Peraga Nusantara Jaya Sakti
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Sainsbury's Argos Asia Limited
The LYCRA Company Singapore  Pte. Ltd
Xtema - Thomas Lebherz Textilmaschinen
CSGIA(China Screen Printing & Graphic Imaging Association)
Arvind Limited
EPCH
Shanghai  Aige Exhibition Service Co., Ltd
TESCO INTERNATIONAL SOURCING LIMITED
Lisa S.P.A.
Huntsman (Singapore) Pte Ltd
Aramark Uniform ;& Career Apparel, LLC
DuPont de Nemours, Inc.,
Gatsby Africa
Tradewind International Servicing
Eastman Chemical Company
BIMBA ;& LOLA SL
FESPA (Reigate)
TÜYAP IHTISAS FUARLARI A.S.
Vianney Textil Hogar S.A. De C.V.
VNU Exhibitions Asia
TESTEX AG, Swiss Textile Testing Institute
Calvin Klein
Copenhagen Fashion Summit
Seasalt Limited
DyStar India Pvt. Ltd
The Top Form Brassiere Manufacturing Company Limited
Saurer Textile Solutions Pvt. Ltd.
Applied DNA Sciences Inc
Woolmark Services India Pvt. Ltd.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
H. Stoll AG & Company KG
C;&A Sourcing International Ltd
Aquarelle Clothing Limited
N9 World Technologies Private Limited
Recron Polyester from Reliance Industries Limited
Dow Silicones Corporation
Truetzschler India Private Limited
Chori Company Limited
Tommy Hilfiger
COTTON COUNCIL INTERNATIONAL
Indo Tex
UBM China (Shanghai)
SHAHI Exports Pvt Ltd
Equinox Impex India
BIANCA
Coats Digital Limited
PVH Corporation
GERBER TECHNOLOGY LTD.
Jiangsu Yingyang Nonwoven Machinery Company Limited
G-Star Raw C.V.
Shima Seiki Mfg. Ltd.
Phong Phu international JSC (PPJ)
Puma
Helly Hansen Far East Ltd
Indofil Industries Limited - Specialty & Performance Chemicals Division
Babyshop
International Textile Manufacturers Federation
Tchibo GmbH
Lottmann Communications
USTER
Zydex Industries
International Sourcing Expo Australia
Thai Acrylic Fibre Company Limited
Eurofins BLC Leather Technology Centre Ltd
Vardhman Textile Ltd
LC Waikiki
Nihalani Events Management
Maceton Limited
Zünd Systemtechnik AG
Rosset ;& Cia Limited
Stahl Holdings B.V.,
Mayer & Cie. GmbH & Co. KG
Loris Bellini S.r.l.
GIOVANNI BOZZETTO S.p.A.
EUROVET ASIA LTD
Permoda(Koaj/Armi/Pronto/Bkul)
Messe Duesseldorf
Guess Europe Sagl,
Brückner Trockentechnik GmbH & Co. KG
Weitmann & Konrad GmbH & Co. KG
Target Corporation (MN)
Flainox S.r.l.
Amazon China
Groz-Beckert KG
X-Rite Asia Pacific Limited (HK)
Centric Software
Haelixa AG
Kornit Digital Asia Pacific Ltd
Datacolor AG Europe
Groz-Beckert East Asia LLP
G.A.S. unternehmenskommunikation gmbh
Rieter India Private Limited
ITMA Services Pte Ltd
Esprit Europe Services GmbH
Istanbul Fuarcilik A.S.
Page Industries Limited (Bangalore)
Gloria Jeans
K AND D ITMACH EXPOSITIONS LLP
ZAITEX spa
GHCL LIMITED
Cat Tuong Real Estate Group Joint Stock Company
CGS Inc.
T.T. Limited
Thermore (Far East) Ltd.
Itema Weaving (India) Private Limited
APLF Limited
Lululemon Athletica Inc
Hela Clothing Pvt Ltd
Marzoli Machines Textile s.r.l.
Lacoste (Wanchai)
Benetton Group
KAS Direct Sourcing
China World International Exhibition Company Limited
Kern – Liebers Textile
Splash
Sportmaster Ltd.
Palexpo SA
NITI Aayog
Asos
Boardriders Asia Sourcing Limited
IKEA of Sweden AB
Gap International Sourcing Limited
Bluestem Global Sourcing Limited
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Mesdan SPA
Under Armour Global Sourcing Ltd
NV Michel Van de Wiele
IDH – The Sustainable Trade Initiative
Jindal Worldwide Limited
The LYCRA Company Singapore  Pte. Ltd
Taiwan Textile Federation (TTF)
Italian Trade Commission
Thai Trade Center
Grasim Industries Limited
Inter Expo Center Ltd.
Newtech Textile Technology Development (Shanghai) Company Limited
Etam Group Strategy Hong Kong Limited
SYNERGIES HONG KONG LIMITED
Savio Macchine Tessili S.P.A.
Midas Clothing Limited
Color Service s.r.l.
Tuyap Tum Fuarcilik Yapim A.S.
Restoque S.A.
Lectra Technologies India Pvt Ltd.
Lenzing Aktiengesellschaft - India
BTSR International S.P.A.
Officina Meccanica Dora Enrico Srl
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Gokaldas Exports Limited
Karl Mayer Textilmaschinenfabrik GmbH
KIABI
OVS Hong Kong Sourcing Ltd.
Meera Dyestuff Industries
TEXVALLEY MARKET LIMITED
Lifestyle
Sateri (Jiujiang) Fiber Co.,Ltd
Performance Days
Landmark Group
Desigual - ABASIC, S.A.
BTC Textiles LLC
Lenzing Aktiengesellschaft

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search