New Delhi, Jan. 20 -- India's manufacturing sector recorded its highest-ever performance in the third quarter of FY 2025-26, reflecting sustained growth and strong business sentiment, according to FICCI's latest Quarterly Survey on Manufacturing (QSM).
The survey revealed that 91 percent of respondents reported higher or stable production levels in Q3 FY26 (October-December 2025), up from 87 percent in the previous quarter.
Rising optimism was also visible on the demand front, with 86 percent of manufacturers expecting higher or unchanged domestic orders compared to Q2 FY26, supported by recent GST rate cuts.
The 68th edition of the QSM covered eight major manufacturing sectors, including auto components, capital goods, chemicals, fertil...