New Delhi, Jan 22 || A FICCI pre-Budget survey on Thursday reflected strong optimism across industry, with nearly 80 per cent of respondents expressing confidence in India’s growth prospects.
Nearly half of the participants expect GDP growth to remain in the 7–8 per cent range in FY 2026–27, reaffirming faith in India’s medium-term fundamentals despite persistent global uncertainties.
According to the FICCI survey, industry also underscored the importance of fiscal prudence, with around 42 per cent of respondents expecting the fiscal deficit target of 4.4 per cent of GDP to be achieved in FY 2025–26, reinforcing confidence in the Government’s fiscal consolidation roadmap.
“Three macroeconomic priorities clearly emerge for the Union Budget 2026–27 -- job creation, a sustained thrust on infrastructure, and stronger support to exports. Among the sectors expected to be in focus, respondents identified infrastructure, manufacturing, defence and MSMEs, among others,” the findings showed.
According to the report, government must continue to lay thrust on manufacturing and capex.