New Delhi, Feb. 2 -- After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.

According to the PMI report, input prices rose the most in four months.

Rising from a two-year low of 55.0 in December to 55.4 in January, the seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) - a gauge of overall conditions derived from measures of new orders, output, employment, supplier delivery times and stocks of purchases - indicated a greater improvement in the health of the sector.

According to the PMI, survey participants continued to report that demand buoyancy,...