Manufacturing Sector

October 24, 2025 1:07 PM

India’s manufacturing PMI hits 2-month high at 58.4 in Oct

India’s manufacturing activity showed renewed strength in October, with the HSBC Flash India Manufacturing Purchasing Managers’ Index (PMI) rising to a two-month high of 58.4, up from 57.7 in September, a report showed on Friday. The data compiled by S&P Global indicates that the country’s manufacturing sector continues to expand at a solid pace, supported by strong domestic demand and easing cost pressures. The rise in the manufacturing PMI reflects an improvement in business condit...

July 11, 2025 1:06 PM

India’s economic growth on track despite global challenges: report

India’s economic growth continues to remain on track despite global uncertainties, supported by improvements in key high-frequency indicators in both the services and manufacturing sectors, according to a report by Bank of Baroda released on Friday. The report notes that consumption has gained momentum in the first quarter (Q1) of FY26 compared to the previous quarter. Higher steel consumption, a rise in electronic imports, and increased central government revenue expenditure have contributed...

April 2, 2025 3:39 PM

Manufacturing sector growth surged to 8-month high in March: HSBC

Manufacturing sector growth in India surged to an eight-month high in March as a faster upturn in total sales underpinned a sharper increase in output, according to a report by HSBC, released on Wednesday. The acceleration in March came despite a mild slowdown in international order growth. Buoyant demand led companies to tap into their inventories to meet increased client appetite, resulting in the most rapid decline in finished goods stocks since January 2022. Firms aimed to counter declini...

January 2, 2025 1:58 PM

India’s manufacturing sector sees robust job growth; December PMI at 56.4

India’s manufacturing sector displayed resilience in December 2024, recording its tenth consecutive month of employment growth and achieving the fastest pace of job creation in four months, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI). Approximately 10% of surveyed companies reported workforce expansion, reflecting sustained optimism within the sector. Meanwhile, post-production inventories registered their sharpest decline in seven months, driven by strong sales...

December 2, 2024 9:07 PM

India’s manufacturing PMI dips to 56.5 in November but remains in expansion zone

India's manufacturing sector showcased resilience in November despite mounting cost pressures and fierce competition. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 56.5, slipping from October's 57.5 and matching an 11-month low. However, the PMI remained well above the 50-mark threshold, signaling continued expansion in the sector. A robust demand environment drove growth in sales and output, but escalating costs and competitive pressures tempered th...

July 31, 2024 6:16 PM

China’s manufacturing sector continues to struggle despite effort to revive economy

China's manufacturing sector has recorded its third consecutive month of decline in July, signaling persistent economic challenges despite recent government efforts to stimulate growth in the world's second-largest economy. The National Bureau of Statistics reported on Wednesday that the manufacturing Purchasing Managers' Index (PMI) for July fell to 49.4, down from 49.5 in June. This marks a five-month low and remains below the crucial 50-point threshold that separates growth from contraction....