India Manufacturing Sentiment Remains Positive in Q4 FY26

New Delhi, May 6 (BNP): India’s manufacturing sector continued to show a positive growth outlook in the fourth quarter of FY26, even as businesses faced rising raw material costs and global economic uncertainties, according to a latest FICCI survey.

The survey indicates that overall industry sentiment remains steady across key manufacturing segments, despite cost pressures impacting input expenses. Capacity utilisation witnessed a marginal decline to around 72%, compared to the previous quarter.

However, manufacturers continue to remain optimistic about the next six months, with a stable investment outlook reflecting confidence in demand conditions and long-term business prospects.

The survey covered major industries including automobiles, capital goods, chemicals, fertilizers and pharmaceuticals, electronics and electricals, machine tools, metals, and textiles.

Overall, the findings highlight the resilience of India’s manufacturing sector, with sustained optimism expected to support production growth, investment activity, and broader industrial expansion in the coming months.