The survey for Q3 2024-25 signifies that 83% of producers reported both larger or constant manufacturing ranges in comparison with final yr’s 73%, reflecting optimism within the sector. Moreover, 83% of respondents count on an increase so as volumes for the quarter, reinforcing constructive demand situations.
The funding outlook stays steady, with 42% of respondents planning investments and expansions within the subsequent six months—unchanged from the final survey. Capability utilisation in manufacturing stands at round 75%, indicating regular financial exercise.
Regardless of this, challenges persist. Rising uncooked materials prices, excessive rates of interest, and weak home and export demand stay key issues. Moreover, companies face difficulties in accessing superior equipment, securing land, and coping with regulatory hurdles, all of that are slowing enlargement efforts.
Export efficiency has improved, with 70% of producers anticipating larger exports in Q3 2024-25 in comparison with final yr. In Q2, 65% of respondents had reported export development.
On the employment entrance, 35% of producers plan to rent extra staff within the subsequent three months. Whereas 80% report no labour shortages, 20% specific issues over the dearth of expert staff, highlighting the necessity for ability growth initiatives.The common interest rate for producers stands at 9.5%, although over 80% of respondents affirm satisfactory entry to financial institution funds for working capital and long-term investments.Whereas the sector stays on a development path, challenges akin to excessive prices and regulatory complexities may influence future enlargement. Business leaders hope that measures introduced within the latest funds will assist tackle these issues and maintain momentum within the months forward.
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