New Delhi, Oct. 6 -- Indian manufacturing sentiment rebounded in the second quarter of FY27, with a sharp improvement in expectations for production and demand, while capacity utilisation and hiring intentions also strengthened, according to the latest FICCI Quarterly Survey on Manufacturing.

Around 95 per cent of respondents reported higher or unchanged production levels in Q2 FY27, up from 77 per cent in the previous quarter. The improvement was also visible in demand, with 90 per cent of respondents reporting higher or unchanged order levels, compared with 77 per cent in Q1. FICCI said the responses indicate signs of recovery from the prevailing geopolitical situation, supported by positive sentiment and stable domestic fundamentals....