The CII Business Outlook Survey for October 2004 — March 2005 has indicated high orders and improved capacity utilisation are on the cards for the industry, though performance faltered slightly compared to the April-September period.The Confederation of Indian Industry (CII) outlook says expectations are high on greater capital investments, which take the overall confidence index to 64.8 points, lower 1.2 points over April-September.In terms of the survey’s Current Situation Index (CSI), which compares the current business conditions with respect to the previous six months, there has been a loss of 2.1 points.The survey’s Expectation Index (EI), on the other hand, reflects the perceptions of Indian industry with respect to the performance of their company, their sector and the economy in the coming six months. The expectation index stands a at 65.7 and has fallen 0.8 points over the last survey.
