India’s manufacturing PMI hits 10-month high in April on robust output, export surge

May 2, 2025 1:11 PM

India’s manufacturing PMI hits 10-month high in April on robust output, export surge

India’s manufacturing sector saw its strongest performance in ten months in April, as output and international demand surged, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI). The seasonally adjusted PMI rose to 58.2 from 58.1 in March, indicating solid expansion in factory activity. Pranjul Bhandari, Chief India Economist at HSBC, attributed the uptick to robust new orders and a potential shift in global production to India amid changing trade dynamics. “Export or...

India’s manufacturing PMI reaches six-month high amid strong demand

February 3, 2025 3:42 PM

India’s manufacturing PMI reaches six-month high amid strong demand

India’s manufacturing sector witnessed a strong start to 2025, rebounding from a period of moderated growth in December. With new orders rising at the fastest pace since last July, the sector benefitted from a sharp increase in exports, marking the steepest upturn in nearly 14 years, according to the HSBC India Manufacturing PMI for January. The survey highlighted a stronger expansion in output, supported by robust domestic and international demand. "India's final manufacturing PMI reached a...