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Manufacturing activity strengthens on rise in new orders amid GST reform & healthy demand: PMI
The Political and Business Daily
|November 04, 2025
INDIA's manufacturing sector activity strengthened in October, buoyed by Goods and Services Tax relief, productivity gains and tech investment, even as international sales rose at a weaker pace, a monthly survey said on Monday.
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The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 57.7 in September to 59.2 in October, indicating a quicker improvement in the sector's health. In the Purchasing Managers’ Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
This story is from the November 04, 2025 edition of The Political and Business Daily.
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