VDMA India conducted the 2nd edition of the VDMA Business Climate Survey in October 2017.
97 participants from all sectors of the mechanical engineering industry shared their evaluations regarding their company’s business and the situation of their most important customer industries.
The business climate survey is an integral part of our association’s activities here in India. We see this as a joint initiative from the association with the members playing a major role in this. Our members are the solid ground of our association. The big advantage is to see and get to know what your industry peers feel about their business in terms of growth, opportunities and trends! It will be an additional compass for your future decision making.
Their current business situation was seen as good by 42% of the participants, whereas 49% considered it normal and 8% bad. The balance of positive and negative evaluations was therefore plus 33 percentage points.
The current utilization of the affiliates’ production or service capacities was evaluated more cautiously; the corresponding balance value is plus 6 percentage points.
