Overview
- Firms point to resilient domestic demand, with nearly two-thirds reporting higher demand in Q2 FY26 and 72% expecting further improvement in Q3.
- More than half of respondents foresee a 5–20% sales lift from GST rate cuts that took effect on September 22.
- Sixty-nine percent of surveyed companies anticipate an RBI repo rate cut by the end of Q4 FY26, reflecting expectations of near-term easing.
- Investment and hiring intentions remain robust across manufacturing and services, based on responses gathered in early to mid-December from over 175 firms.
- CII’s pre-Budget proposals include a Rs 150-lakh crore NIP 2.0 and a sovereign-anchored India Development and Strategic Fund, plus a Rs 1,000 crore digitisation push, new research centres and banking reforms.