New Delhi, June 2 -- India's manufacturing sector registered a moderate deceleration in May 2025, with the HSBC India Manufacturing Purchasing Managers' Index declining to 57.6 from 58.2 recorded in April.

While this represents the lowest reading since February, the index remains significantly above the neutral 50.0 threshold and exceeds the long-term average of 54.1, signalling continued expansion in manufacturing activity.

The sector's growth trajectory was supported by robust domestic and international demand, effective marketing strategies, and a notable increase in export orders, which expanded at one of the fastest rates observed in three years.

Manufacturing companies reported strong demand from major global markets across Asia,...