New Delhi, July 25 -- The HSBC Flash India Manufacturing PMI reached 59.2 in July 2025, its highest level in nearly 17.5 years, PMI data released by S&P Global showed.

This surge, up from 58.4 in June, signals robust growth in the manufacturing sector, driven by strong domestic and global demand.

Composite PMI reached 60.7, the fastest upturn in over a year, driven by buoyant demand, technological investments, and expanded capacities.

There is a firm pick-up in employment, especially in the service sector, suggesting healthy job creation accompanies the expansion of both India's manufacturing and service sectors.

Indian companies remained optimistic about output growth over the next 12-month and monitored companies attributed growth t...