Indians Most Confident About Job Prospects: Nielsen

The results of a survey published by consultancy firm Nielsen indicates that Indians are most optimistic about job prospects and personal finances compared to the rest of the world. The Nielsen Global Consumer Confidence report that 92% of Indians were optimistic about their job prospects over the next year.
In addition, the survey Nielsen published revealed Indians as the most optimistic about the state of their personal finances with 14% of Indians saying it is an ‘excellent’ time to make purchases and 71% answering it is a ‘good’ time.
In conducting the online survey, Nielsen asked about the confidence, major concerns and spending intentions of 27,000 users in 48 countries. India ranked the highest in all categories.
The booming confidence of the country can certainly be attributed to the recent economic growth India has enjoyed.
Obviously, this is an encouraging sign for both Indian and international businesses alike. It is important for consumers to be confident in their purchases and spending, and for workers to have a positive attitude about their employment and career development. Now the country must turn back to its infrastructural issues, as well as handling the increasing food prices, which a large portion of those surveyed complained about.

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Posted on by Gunjan
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).

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