Request to participate in CII BCG Growth Index Survey for September 2017

We request you to please fill up the CII BCG Growth Index survey for September 2017! Last month your contribution helped us build a true picture of the main challenges faced by companies with regards to GST roll-out and how they are dealing with the same. Following you find the key results of the survey.

September report will dig more into the effects of GST implementation, the impact of monsoons and Ease of Doing Business in India.

The CII BCG Growth Index was jointly initiated by CII and BCG in May 2016 to help CEOs assess their monthly performance vis-à-vis the peers and allied industries. To date, we have had over 100 CEO respondents, a number that is growing steadily every month. Your participation in the survey will be a valuable addition to the index. Please find the synthesized results from last month survey (referring to July 2017 data) at the following link:

http://www.manufacturingchampions.in/Document/BCGGrowth/CII%20BCG%20Growth%20Index_July%202017_Final%20Report_vCII.pdf.

We are happy to share with you all that more than 60% of respondents to the previous survey have asked for a Monthly Report. Hence, we will continue to ask for your contribution accordingly

The September 2017 CII BCG Growth Index survey is now open for your response.
Survey Link: http://ift.tt/2xJGCNY.ashx?s=13B2588B41C95152

Why participate?

• Benchmark performance vis-à-vis peers and allied industries

• Obtain industry-specific insights from the BCG Research Center

• Receive synthesized report based on survey results by the 17 September, 2017

September 2017 Survey

• Survey now open and will remain open until 10 September, 2017

• Click on the button to respond

• ~15 questions, <5 minutes to respond

• Only growth ranges asked, individual data kept confidential

Key Results from August 2017 Survey

Overall, sales are slowly regaining momentum after the halt experienced in June due to GST roll-out, reporting a 4% growth rate both in value and volume terms
The northern region grew at fastest pace (4%), followed by southern and western regions reporting a growth rate of 3%, and finally the eastern part of the country of 2%
Most sectors recovered from the slow down caused by the uncertainty around GST implementation - Building Materials (3.9%), Engineering Products (5.4%), Material Handling Equipment (5.0%), Welding (2.5%), the only exceptions being Metals and Mining (-6.3%) and Consumer Durables (-12.5%)
In spite of the improving performance in the industry, new order inflows growth decreased further recording a 1.3% YoY basis
The lack of clarity on GST taxation system and the compliance of business partners are the main challenges faced by respondents

Peer and Industry Growth Comparison	Regional growth: All respondents