New Delhi, May 2 -- India's manufacturing sector reached a 10-month high in April 2025, Business Standard reported, citing S&P Global data released on Friday.
However, the HSBC India Manufacturing Purchasing Managers' Index (PMI) reflected a marginal growth from 58.1 to 58.2 in March, the report said.
Though the month-on-month rise was modest, the seasonally adjusted index reflected the sharpest improvement in sectoral health since June 2024, driven by stronger growth in output, employment, and purchase inventories.
This marks a continued recovery after the PMI dipped to a 14-month low of 56.3 in February, when production, new orders, and input purchases had declined.
Surge in overseas orders fuels factory momentum
A sharp increase i...
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