India's manufacturing growth to continue in Q4, says Ficci survey

The responses have been drawn from over 400 manufacturing units from both large and SME segments with a combined annual turnover of over Rs 10 trillion

Growth in the Indian manufacturing sector is expected to continue in the last quarter (January-March) of 2022-23 amid signs that cost pressure in the past many months seems to be softening a bit for the sector, a Ficci survey has said.

The responses have been drawn from over 400 manufacturing units from both large and SME (Small and Medium Enterprises) segments with a combined annual turnover of over Rs 10 trillion. It added that the cost of production as a percentage of sales for manufacturers in the survey has risen for 73 per cent respondents, which is lower than 94 per