New Delhi, Oct 9
India’s manufacturing sector is witnessing sustained growth and expansion, supported by robust domestic demand and upbeat investment sentiment in the second quarter of the current financial year (Q2 FY26), a new report has said.
Around 75 per cent of the sector's capacity was being used, which suggests consistent activity.
Meanwhile, manufacturers still face difficulties, though, including high input costs, unstable geopolitics, trade barriers, and a lack of skilled workers in some markets.
Costlier metals, bulk chemicals, energy, logistics, and labour were the primary causes of the more than 50 per cent of businesses that reported higher production costs than the previous year.
The report was prepared based on inputs from eight key sectors, including capital goods, automobiles, chemicals, electronics, machine tools, metals, textiles, and others, highlights how resilient Indian manufacturing has remained in the face of global uncertainty.