89% Indians think 2012 will be a better year than 2011: Ipsos Study

"Globally, companies have their eyes set on India as a rapidly growing nation that is full of opportunities. The sheer scale of development needed could drive growth for many years. India has the advantage of size. The scope of growth and excess capacity present in terms of resources would drive growth in the future, and the positive sentiments reflected in the Ipsos global study is a testimony to the confidence Indians have for their country," said Mick Gordon, Managing Director, Ipsos in India.

In spite of uncertainty in European economy, majority (72%) of Global citizens in 24 countries "agree' they are optimistic that 2012 will be a better year for them than 2011 ' 30% agree very much, 42% agree somewhat.

Optimism reins among the vast majority of those living in France and Indonesia, where 91% in each country "agree' they are optimistic that 2012 will be a better year. Following next is Brazil (90%), India (89%) and Mexico (85%). On the other end, those in Italy (45%), Japan (46%), Sweden (55%) Hungary (56%) and Great Britain (58%) are least likely to agree.

Only four in ten (41%) citizens online in 24 countries "agree,' however, that the global economy will be stronger in 2012 than in 2011 ' 9% agree strongly, 32% agree somewhat.

Hesitancy towards the future of the global economy is not prevalent everywhere; in fact, a majority of those in India (74%), Brazil (70%), Indonesia (68%) and Saudi Arabia (63%) "agree' the global economy will be stronger. On the flip side, those living in France (19%), Hungary (20%), Belgium (21%), Italy (22%) and Sweden (22%) are least likely to respond this way.

According to the Ipsos global study, demographically, global citizens under the age of 35 (77% "agree' 2012 will be better, 47% says economy will be stronger), with a "high' household income (77% "agree' 2012 will be better, 43% are of the opinion that economy will be stronger) and with a "high' level of education (75% "agree' 2012 will be better, 44% think economy will be stronger) appear to have the highest hopes for 2012.