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India third most optimistic market globally, reveals survey

October 17, 2023 11:06 AM IST

Ipsos survey | India 3rd most optimistic market globally | India 5th largest global economy

Global South is most optimistic about the direction in which their countries are headed. A survey by Ipsos has found that 69% Indians believe that India is moving in the right direction. India is the third most optimistic market globally, the survey reveals.

The September edition of the Ipsos What Worries the World Global Survey showed that Global South is driving optimism with Asian markets being most optimistic. Ipsos India was placed 3rd in the pecking order, after Singapore (82%) and Indonesia (80%). Thailand (66%) and Malaysia (65%) were the other countries on the list.

It is interesting to note that people of the most developed country, US are mostly pessimist about their country heading in the wrong direction. A majority of 67% believe that the US is heading in the wrong direction as opposed to 33% who think otherwise. Similarly, 64% Canadians aren’t optimistic about their country.

Meanwhile, India has moved up 5 points in optimism in September from the August wave and global citizens too have moved up by 2 per cent.

According to the survey, urban Indians mostly worries about inflation (46%), unemployment (39%), crime and violence (28%), financial and political corruption and poverty and social inequality (18%). Meanwhile, the top concerns of global citizens were inflation (38%), crime and violence (32%), poverty and social inequality (31%), financial and political corruption (26%) and unemployment (26%).

Amit Adarkar, Ipsos India CEO said, “India continues to be a highly optimistic market with its urban citizens strongly of the view that we are headed in the right direction as a country.  RupaThis is in sync with actual reality as India is the 5th largest global economy and despite the polycrisis unfolding globally and its impact on global economy, we continue to grow economically and are seen as a country attractive for pumping in more investment by global investors and we are also driven a lot by domestic consumption, being the world’s most populous nation that is also optimistic about spending.”

Ipsos What Worries the World tracks public opinion on the most important social and political issues, alongside whether people think in which direction their country is heading – right or wrong. The global advisor survey was run by Ipsos in 29 countries and among 24,733 adults.

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Last updated on: 16th June 2024