GST reform have boosted optimism among manufacturing sector. A recent survey by FICCI highlighted expectations of domestic demand picking up pace. 83% of the respondents in FICCI Survey are expecting an increase in orders after thr rate restructuring. The report also noted that GST waiver on key raw materials, such as allied steels, will lower production costs. The Survey also highlighted improvement in hiring outlook.

The FICCI survey from July–September 2025 quarter found that 87% of manufacturers reported higher or same production levels, compared to 77% in the previous quarter.

Hiring outlook improves, labour shortage eases

Even though most sectors are not facing a shortage of labour at factories, the hiring outlook is improving. Around 57% of the survey respondents are looking

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