The latest FICCI survey reveals that 93% of manufacturers in India reported either higher or the same production levels in the fourth quarter of FY26, reflecting sustained optimism despite rising input costs and geopolitical uncertainties. The survey covered responses from over 250 manufacturing units across eight major sectors, including automobile, chemicals, and textiles, with a combined annual turnover exceeding ₹8 lakh crore (approximately $960 billion USD). While 70% of respondents noted an increase in production costs, attributed to higher raw material prices and logistics costs, 60% expressed expectations for high growth in the upcoming months. Many manufacturers plan to expand their capacity, although challenges such as geopolitical tensions and labor shortages persist. The survey highlights the need for government support in technology partnerships and export incentives to bolster domestic manufacturing.