New Delhi, Nov 25 || Indian businesses are increasingly confident and better prepared to navigate the complexities of global trade, with 77 per cent reporting greater certainty about trade policy impact on their operations compared to six months ago, a new report said on Tuesday.
Around 80 per cent of Indian businesses anticipate a positive impact from recent trade policy changes in the next two years, the report from HSBC India said.
Further, the proportion of Indian businesses feeling "informed and well-prepared" to respond to changing trade regulations rose to 49 per cent from 44 per cent six months earlier, the report said.
Only 23 per cent of Indian firms expect trade uncertainty to hurt operations over the next two years, lower than the global average at 32 per cent.