India's manufacturing growth is expected to moderate in the April-June quarter of FY27 as the West Asia crisis dampened business sentiment, although strong domestic fundamentals helped cushion the impact, according to the latest quarterly manufacturing survey by industry body FICCI.
The 70th edition of FICCI's Quarterly Survey on Manufacturing (QSM), which covered eight major manufacturing sectors and companies with a combined annual turnover of over Rs 4 lakh crore, showed that production expectations weakened compared with the previous quarter.
