See every side of every news story
Published loading...Updated

India’s Manufacturing Activity Hits 16-Month High in July

INDIA, AUG 1 – India's manufacturing PMI reached a 16-month high of 59.1 in July due to strong new orders and output despite business confidence falling to a three-year low, HSBC reported.

  • According to HSBC data from New Delhi, India's manufacturing sector expanded in July 2025, reaching its strongest level in 16 months with a PMI of 59.1.
  • This growth followed a trend of robust domestic demand and increased input buying aimed at rebuilding inventories, despite slowing export orders.
  • Production expanded to a 15-month high and new orders grew at the sharpest rate in nearly five years, while hiring slowed to the weakest rate since November 2024.
  • Chief India Economist Pranjul Bhandari said, "input and output prices in India's manufacturing sector both remained elevated" amid intensified cost pressures.
  • Despite strong sector resilience, business confidence eased to a three-year low due to rising competition and inflation concerns, signaling cautious firm outlooks ahead.
Insights by Ground AI
Does this summary seem wrong?

11 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

tezzbuzz broke the news in on Friday, August 1, 2025.
Sources are mostly out of (0)