Is 81% of India Optimistic About the Future, Outpacing Global Peers?
Synopsis
Key Takeaways
- India ranks fourth in global public confidence.
- 81% of Indians are optimistic about the future.
- 89% expect businesses to act socially responsible.
- Strong support for climate action among the populace.
- Increased awareness of ESG issues in India.
New Delhi, Jan 15 (NationPress) India stands at the fourth position globally regarding public trust, with a remarkable 81% of its population exhibiting optimism, significantly surpassing the 48% global average, as reported on Thursday.
The findings from SEC Newgate reveal that Indians hold businesses to high standards, with 89% of participants deeming socially responsible practices as crucial, compared to a global average of 80%.
The report underscores a notable discrepancy between expectations and actual performance, with 89% anticipating responsible actions from organizations, while only 78% perceived such efforts.
Additionally, India ranks third worldwide concerning community expectations for businesses to articulate their values and address social issues.
Based on a survey encompassing 20,000 individuals across 20 nations, the report indicates strong support for heightened climate ambition, with 85% believing businesses should address environmental challenges. However, affordability concerns continue to influence public acceptance.
A smaller fraction prioritized climate initiatives over business profitability (69%), maintaining low consumer costs (62%), or enhancing employee salaries and benefits (57%).
Awareness of the term ESG (Environmental, Social, and Governance) is notably high in India, with 81% aware of it and 47% claiming a strong understanding, according to the report.
“Interestingly, 61% of Indian respondents expressed a keen interest in ESG matters when explained, compared to only 35% globally. India appears less fatigued by ESG discussions and more focused on local impacts,” the report stated.
Indian communities also exhibit strong support for businesses investing in local initiatives, domestic jobs, and responsible sourcing.
“India’s findings are remarkable. The data illustrates a highly engaged, optimistic, and impact-conscious populace that expects organizations to play a significant role in national advancement,” stated Dilip Yadav, Founding Partner of First Partners and Member of SEC Newgate’s Global Corporate & Geopolitical Advisory Council.
He emphasized that reputation in India is built through local contributions, credible climate actions, and the willingness to communicate values transparently, making it one of the most demanding yet opportunity-rich business environments.