The AC Nielsen survey presented that Indian consumers have shown greater confidence in the Indian economic growth despite of having an unpredictable market. AC Nielson’s 46-country Consumer Confidence Index has showed India as leading country for the 4rth half in a row with an all time high score of 137.

Sarang Panchal of ACNielsen’s South Asia office said:

India is riding the crest of an economic wave. Recording the highest confidence index once again reaffirms the solid performance of the market in terms of economic growth, job prospects and the booming young adult population.

According to the survey, Norway ranked at second place with 134 points and Denmark at the third place with 129 points. Like India, Vietnam has also showed same kind of performance in the index with a double-digit rise. Thailand showed the greatest increase of 12 points in the index and collected 107 points.

The survey revealed that 95% in the job market and rated it as excellent.

According to the survey report, the consumers confidence has gone up across the world and they rated the economy (39 per cent), health (34 per cent) and job security (32 per cent) as major areas of concern.

In India, a trend has largely grown up to invest in shares and mutual funds as the best tool to utilize their money. Now, nearly half of the Indian consumers want to invest their money in shares and mutual funds.

The growing Indian economy has caused a good cash flow to most of the Indian consumers’ pocket and in 21st century, they want to live life to its fullest.

Indians are very much concern not only for the Indian market trends but also for the increasing number of terrorist attacks. For them, terrorism (30 per cent) is the largest concern area but globally, only 15 per cent of consumers think terrorism as major threat.

Read