India’s manufacturing sector continues to show positive growth in the fourth quarter of 2025-26 despite rising input costs. According to the latest Manufacturing Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI), around 93 per cent of respondents reported higher or the same production levels in Q4 of 2025-26, compared to 91 per cent in the previous quarter. It added that nearly 89 per cent of respondents expect higher or stable domestic orders, indicating continued demand momentum in the sector. The survey reflects sustained optimism among both large and MSME manufacturers, supported by strong domestic demand and stable economic fundamentals. The survey further highlighted that the production costs remain elevated, with nearly 70 per cent of respondents reporting an increase due to higher raw material prices, logistics and utility costs.
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