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India's Mfg Sector Growth Hits 14-Month High of 58.4 in June
Millennium Post Kolkata
|Kolkata 02 July 2025
Seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) — an indicator of sector performance — was 57.6 in May
NEW DELHI: 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 on 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 fueled expansions in output, new orders, and job creation," said Pranjul Bhandari, Chief India Economist at HSBC.
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