New Delhi, Feb. 12 -- The Federation of Indian Chambers of Commerce and Industrys (FICCI) latest Quarterly Survey on Manufacturing (QSM) has delved into the sentiments of manufacturers for the fourth quarter of Jan-March 2023-24 across ten major manufacturing sectors.
Highlighting a notable trend, the survey revealed a sustained and consistent growth trajectory for India's manufacturing sector in the last two quarters of 2023-24.
In comparison to the preceding quarter, Q3 FY 24, where 73 per cent of respondents reported increased production levels, the current Q4 FY 2024 demonstrates even more optimism, with approximately 87 per cent of respondents anticipating either higher or similar production levels.
The survey garnered responses ...