About 47% said demand for products and services was average, an indication of the tough economic environment.A majority (57.6%) said the performance of the flagship Make in India programme was middling. India Inc is not putting up projects faster. A high 84.7% of CEOs praised the push to build more roads, ports and highways. This is in line with economic and high-frequency data that have shown a steady pickup in activity since January. About a fourth expect to raise money from the local bond market while overseas bond and loan markets got the nod of 23.7% of respondents.

Source: Economic Times May 15, 2017 18:44 UTC