Industry stakeholders have flagged high compliance burden, logistics and energy costs, and limited access to long-term capital as main constraints for manufacturers, according to a survey by Assocham. Business leaders have urged the government to take measures to boost domestic manufacturing and strengthen the 'Make in India' initiative in the Budget 2026-27. The survey covered about 120 respondents over three weeks across sectors, including manufacturing, services, infrastructure, startups, IT and ITeS, among others. It found that 55 per cent of respondents remain optimistic about the business outlook over the next 12 months, while 32 per cent maintain a neutral stance, and the remaining 13 per cent expressed a pessimistic outlook. Citing the survey's findings, Assocham stated that while government initiatives such as infrastructure capital expenditure, GST 2.0 reforms and Production Linked Incentive (PLI) schemes are seen as directionally positive, their on-ground impact remains