A survey done by Nielsen Company has shown that the consumer confidence in India has returned back to the pre-recessionary levels, during the first quarter of 2010. This means that the confidence in India has grown the fastest in the world and has also reached the highest level since the third quarter of 2007.

The latest edition of Nielsen Global Consumer Confidence Index has shown that the India has 127 index points. It stands at the first position followed by Indonesia with 116 and Norway 115 points.

The survey also said that in most of the countries that were survey have shown positive increase. 41 out of 55 countries surveyed during the quarter have shown an increase.

Moreover, the overall confidence in the world grew up by 92 points during the first quarter. This shows a six point increase over the last six months period.

"India is one of the fastest growing markets in the world and the current consumer belief that recession would soon be a thing of the past has filled Indians with confidence," said Piyush Mathur, Managing Director - South Asia, The Nielsen Company.