The key concern for CEOs in India continues to be inadequate basic infrastructure, while global CEOs are more concerned about over-regulation, increasing tax burden, geo-political uncertainty and government response to fiscal deficit and debt burden.
The only threat common to both global as well as Indian CEOs is the unavailability of key skills, PwC said. An interesting point is that threat perception in China is much higher than in India across various parameters from increasing tax burden to pandemics to supply chain disruption. Global CEOs rate India as the sixth most important place for their growth prospect, while for CEOs in India, important market is the U.S., followed by China, UK, Japan and Indonesia. Moreover, around 82 per cent of the CEOs surveyed in India said they have a strategy to promote diversity and inclusion as against the global 64 per cent, it added.