About 89 per cent of India's chief executive officers (CEOs) are concerned about health risks adversely impacting their top line in the next 12 months. This is 9 percentage points higher than what their global counterparts think, according to a CEO survey conducted by audit firm PwC before the onset of the third wave.
"This is perhaps an indication that business leaders would like to exercise caution when it comes to making early investment and business decisions, despite vaccination drives worldwide. Concern over the ability to attract and retain talent is also strongly linked (61 per cent) in CEOs' minds with health risks," the PwC Annual Global CEO Survey said. The survey saw participation from 4,446 CEOs from 89 territories of which 77 are from India.
Last year, 70 per cent of Indian CEOs viewed the pandemic as a top threat to growth, while 62 per cent considered cyber threats as an impediment to growth.
About 99 per cent of Indian CEOs polled this year believe India's economic growth will improve in the next 12 months.
This story is from the January 18, 2022 edition of Business Standard.
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This story is from the January 18, 2022 edition of Business Standard.
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