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CII’s Business Confidence Index (BCI) climbed to a five-quarter precocious of 66.5 successful the 3rd 4th of FY26, marking the 3rd consecutive quarterly emergence and reflecting optimism astir demand, profitability and concern conditions, the manufacture assemblage said connected Sunday.Domestic request continues to beryllium the cardinal maturation driver, with astir two-thirds of firms reporting higher request successful Q2 FY26 and astir 72 per cent expecting further betterment successful Q3 FY26. This outlook has been supported by GST complaint cuts and festive consumption, quality bureau PTI reported, citing the survey. The CII-BCI is based connected a illustration of much than 175 firms crossed manufacturing and services, covering micro, small, mean and ample enterprises from antithetic regions, and was conducted betwixt the archetypal and 3rd week of December 2025.Investment and hiring intentions stay robust, according to the survey. Notably, 69 per cent of respondents expect the Reserve Bank of India to chopped the repo complaint by the extremity of Q4 FY26. The survey besides pointed to a affirmative interaction from GST cuts effectual September 22, with 56.3 per cent of firms expecting income to emergence betwixt 5 and 20 per cent successful the coming quarters.Commenting connected the findings, CII Director General Chandrajit Banerjee said, “The dependable emergence successful concern assurance shows industry’s quality to navigate outer headwinds, anchored by resilient home request and a robust betterment agenda.”
He added that maturation momentum is expected to fortify further successful the months ahead.Looking up to the Union Budget for 2026-27, CII expressed assurance that betterment momentum would continue. It suggested sustaining superior expenditure, including launching a revitalised Rs 150-lakh crore National Infrastructure Pipeline 2.0, with a absorption connected shovel-ready, revenue-generating projects to assemblage successful backstage investment, arsenic per PTI.The manufacture assemblage besides projected measures to heighten semipermanent competitiveness, including strategical backing platforms, regulatory digitisation, innovation-led maturation and a stronger banking ecosystem to enactment India’s maturation ambitions.
