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.
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Indias manufacturing PMI hits 16-month high at 59.1 in July on strong demand, output - The Tribune
India's manufacturing activity gained further momentum in July, rising to a 16-month high of 59.1 from 58.4 in June, driven by stronger growth in new orders, output, and inventory buildup, according to the HSBC PMI data released by S&P Global.
·Chandigarh, India
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Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
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50% Right
L 33%
C 17%
R 50%
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