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Mfg sector growth hits 14-month high
Orissa POST
|July 02, 2025
India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said Tuesday.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index — an indicator of sector performance - was 57.6 in May.
In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
"India's manufacturing PMI reached a 14-month high of 58.4 in June. Robust end-demand fuelled expansions in output, new orders, and job creation," said Pranjul Bhandari, Chief India Economist at HSBC.
Cette histoire est tirée de l'édition July 02, 2025 de Orissa POST.
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