Federation of Indian Chambers of Commerce and Industry (Ficci) Manufacturing Index touched an all-time high in the third quarter, with 91 per cent of firms reporting steady or higher production levels, up from 87 per cent in the previous quarter, despite production costs remaining elevated.

The findings are based on Ficci’s 68th edition of the Quarterly Survey on Manufacturing (QSM), which assessed the performance and sentiment of manufacturers across eight key sectors during the quarter. The sectors covered include auto components, capital goods, chemicals, fertilisers and pharmaceuticals, electronics and electricals, machine tools, metal and metal products, textiles, apparel and technical textiles, and miscellaneous industries.

The survey indicates sustained resilience in manufacturing activity, reflecting stable demand conditions and improved capacity utilisation, even as companies continue to navigate cost pressures.