Similarly, the share of firms expecting their own ‘financial position of the firms will improve in next six months’ moderated from 67.4 per cent in 2024―25:Q1 to 58.0 per cent in 2024―25:Q2. [...] Business Prospects • Majority of respondents- 67.1 per cent of firms expected production to increase in the next six months and 71.5 per cent expected domestic sales to increase in the next six months in 2024–25:Q2. [...] In case of imports of raw materials, the percentage share of firms expecting these to increase have declined from 47.6 per cent in 2024–25:Q1 to 41.7 per cent in 2024–25:Q2 signalling weak domestic demand. [...] In the current round, 29.9 per cent of firms expected wages of managerial/skilled workers and 30.5 per cent of unskilled workers to rise in next six months. [...] • Percentage of firms expecting unit cost of raw materials, electricity and labour in the next six months in 2024―25:Q2 to increase were 44.2 per cent, 31.8 per cent and 30.9 per cent respectively.
Authors
- Pages
- 4
- Published in
- India
Table of Contents
- Business Confidence 2
- The share of firms expecting overall economic conditions to improve in next 2
- 2. Business Prospects 3
- 3. Employment 3
- Regarding plans for increasing hiring of workers over the next six months 3
- Approximately 70 per cent of firms expect that wage rates for both managerialskilled workers and unskilled workers to remain unchanged over the 3
- 4. Unit costs of Raw Materials Electricity and Labour 4
- A majority of firms expect no changes in the unit costs of raw materials electricity and labour Figure 1.4 signalling that costs will remain muted. 4
