India’s Manufacturing Confidence Hits Record High in Q3 FY26: FICCI Survey

India’s manufacturing sector continues to show strong resilience and confidence.

According to the Federation of Indian Chambers of Commerce and Industry (FICCI), the Quarterly Manufacturing Index reached an all-time high in Q3 FY26 (October–December). An impressive 91% of surveyed manufacturers reported either higher or unchanged production levels, up from 87% in Q2 FY26.

This insight comes from the 86th edition of FICCI’s Quarterly Survey on Manufacturing (QSM), which captures industry performance and sentiment across eight major sectors, including:

  • Automotive components
  • Capital goods
  • Chemicals, fertilisers & pharmaceuticals
  • Electronics & electricals
  • Machine tools
  • Metals & metal products
  • Textiles, apparel & technical textiles
  • Miscellaneous industries

The survey underscores sustained production stability and growing optimism across India’s manufacturing landscape, reinforcing the sector’s role as a key driver of economic growth.

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