November 2, 2026 4:40 PM
India’s manufacturing PMI eases to 54.7 in October, export orders hit six-month high
India’s manufacturing activity witnessed a marginal moderation in October, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) declining to 54.7 from 55.1 in September. However, the sector continued to register expansion, supported by strong domestic and international demand, while price pressures eased during the month. According to data released by S&P Global, the manufacturing PMI remained comfortably above the neutral mark of 50, indicating sustained growth in the sec...