FICCI finds 95% of Indian manufacturers steady or improving output
Business
India's manufacturing scene is looking up in Q2 FY27 (the quarter ended September 2026).
According to FICCI, 95% of manufacturers saw their production stay steady or even improve compared to last quarter, thanks to higher demand and a general boost in output.
Indian factories at 75% capacity
Factories ran at about 75% capacity in Q2 FY27 (the quarter ended September 2026), and 43% of manufacturers plan to hire more people in the next three months.
Exports also held strong or grew for 80% of companies, though most are feeling the pinch from pricier raw materials and energy.
Even with these challenges, most found bank loans accessible, but interest rates ticked up in Q2 FY27 (the quarter ended September 2026).