Summary:

A KPMG report, KPMG 2024 Infrastructure and Transport CEO Outlook, reveals India’s goal to implement one of the largest infrastructure projects among major nations. The analysis, based on a survey of 120 global industry leaders, focuses on CEOs’ expectations for profit and headcount growth over the next three years. It also shows that 57% of CEOs feel stakeholder expectations on ESG concerns are changing faster than their strategies can respond.

More than half of the CEOs believe that a global failure to adapt to climate change will significantly impact growth in the short to medium term. With declining trust in governments, 62% of CEOs feel the public expects corporations to address societal challenges. Additionally, 71% are willing to divest from profitable industries that harm their reputation. Manish Aggarwal of KPMG India stated that new technologies, such as generative AI, have become a top priority. The survey included 1,325 CEOs from 11 global markets across 11 sectors.

Source: IBEF 

Disclaimer:

The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.