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India’s mfg sector activity falls to 2-yr low in December: PMI
Millennium Post Delhi
|New Delhi 03January2026
Moreover, amid a general lack of pressure on operating capacity, factory employment increased only marginally in December
India’s manufacturing sector activity witnessed the weakest improvement in the sector in two years in December on account of softer expansions in new orders, prompting firms to limit input purchases and job creation, a monthly survey said on Friday.
‘The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) — an indicator of sector performance — fell from 56.6 in November to 55 in December.
In the PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
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