As many as 74 per cent of the respondents expect GDP growth of 8 per cent or more as against 61 per cent in the previous October-December 2010-11 survey, it said.
The CII Northern Region Business Outlook Survey was conducted across Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand, and included 69 per cent of respondents from the manufacturing sector and 21 per cent from the services sector.
It found the overall business outlook for the current three months (January - March 2010 -11) is better than the actual performance for the last three months (October - December 2010).