India Inc remains wary of making fresh investments, with subdued demand being a key overhang for businesses, even as concerns grow over muted recovery in the industrial sector, says a poll. The global economic situation, according to the poll, remains fragile and any firm recovery remains elusive as 64 percent of the participants signalled that demand situation would remain worrisome. The Ficci Business Confidence Survey drew responses from some 120 companies with a turnover ranging from Rs 3 crore to Rs 65,000 crore, spanning across sectors. It gauged expectations between April and September 2016.
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