Business CII's business confidence index reaches 64.9 for second quarter, shows companies more optimistic of their growth Updated : September 24, 2018 11:43 AM IST The business confidence index touched 64.9 as against the 60.1 in the previous quarter. The rise in the business confidence index is possibly because of the improved consumption and investment growth, said Chandrajit Banerjee, director general of CII. Nearly 64 percent of the respondents said that the GDP growth will lie in 6.5-7.5 percent range in 2018-19. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.