India’s leading industry body, the Confederation of Indian Industry (CII), has thrown its weight behind the Economic Survey 2024–25, describing it as a pragmatic and future-ready blueprint for sustaining high growth in an increasingly uncertain global environment. Backing the Survey’s projection of GDP growth between 6.3 and 6.8 per cent in FY26, CII said the outlook reflects the resilience of India’s domestic economy and the payoff from ongoing structural reforms.
CII President Sanjiv Puri termed the Survey’s assessment “realistic and well-argued,” noting that India remains well-positioned even as global growth faces headwinds from geopolitical tensions, supply-chain disruptions, and climate-related risks. According to CII, the Survey captures India’s strengths—robust consumption, rising investment, and improving macroeconomic stability—while clearly identifying areas where reforms must accelerate.
One of the most significant takeaways for industry is the Survey’s emphasis on state governments as engines of growth. CII urged states to move beyond administrative governance and adopt an entrepreneurial mindset, actively competing to attract investments. This shift, the industry body said, requires faster decision-making, simplified regulations, and a renewed focus on Ease of Doing Business 2.0, where outcomes matter more than procedures.
The industry body also welcomed the Survey’s focus on strengthening key growth pillars—agriculture, manufacturing, services, and infrastructure—as central to job creation and long-term competitiveness. Manufacturing, particularly through MSMEs, was identified as a critical lever for employment generation and deeper integration into global value chains.
Infrastructure investment continues to be a strong point of alignment between the Survey and industry expectations. While CII praised the government’s sustained push on public capital expenditure, it stressed that private sector participation must increase to meet India’s expanding infrastructure needs. Creating predictable policy frameworks, improving project viability, and sharing risks more effectively will be essential to crowd in private capital.
CII also strongly endorsed the Survey’s call to lower the cost of doing business through deregulation and reduced compliance. Allowing businesses to operate with greater flexibility and fewer procedural bottlenecks, the industry body said, is key to boosting productivity and enhancing India’s global competitiveness.
Overall, CII described the Economic Survey as a strategic and forward-looking document that aligns short-term growth priorities with India’s long-term ambition of becoming a developed economy. By empowering states, encouraging private investment, and deepening reforms, the Survey, according to CII, offers a credible pathway toward achieving the vision of ‘Viksit Bharat’.