Manufacturing PMI

RBI's policy hold and India's stronger-than-expected GDP growth anchored a week marked by firm PMIs, fuel-price risks, trade talks and fresh Cabinet approvals

Manufacturing activity expanded at its fastest pace in 3 months in May, supported by stronger domestic demand, while input cost inflation remained elevated amid continued geopolitical uncertainties

Input cost inflation remained among the strongest seen in the past four years, driven by higher energy, fuel, material, and transportation costs amid the ongoing conflict in West Asia

The RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 51.8 in May from 52.2 in April, but was slightly above analysts' forecast of 51.6

India's pvt sector activity remained firmly in expansion territory in May, though growth in new orders, exports, employment and business activity softened marginally, HSBC's flash PMI survey showed

Strong services activity, a manufacturing recovery and Cabinet approvals across rail, cotton, semiconductors and shipping shaped a week of growth signals and policy moves

The reading remained above 50, which denotes expansion in activity, while a reading below that signifies contraction

The flash manufacturing PMI stood at 55.9 compared to 53.9 in March, while the services PMI came in at 57.9 versus 57.5 earlier

Industry 'takes a step back' as market uncertainty and cost pressures increase

Input cost inflation hit a 43-month high in March, while softer demand, market uncertainty and the West Asia war slowed new orders and output growth

However, the latest figure was significantly lower than the Flash India Manufacturing PMI of 57.5, released last month

The overall result suggests India's economy ‌is expected to remain resilient this quarter after posting 7.8 per cent growth in October-December

The improvement was supported by robust total new orders which rose at he quickest pace since November

India's manufacturing activity picked up in January as new orders, output and hiring rose, lifting the PMI to a two-month high, though business confidence stayed subdued, S&P Global data showed

January manufacturing PMI: The rebound in January came after the seasonally adjusted PMI touched a two-year low of 55.0 in December 2025

The HSBC flash India Manufacturing PMI rose to 56.8 in January from 55 in December

India's factory activity grew at its slowest pace in 24 months in December as output and new orders softened, though the PMI stayed above the expansion threshold

Flash PMI December 2025: Both manufacturing and service sectors witnessed muted growth in business activity

India's power demand dipped 0.3% to 123 BUs in November amid lower temperatures, even as peak demand hit a record 216 GW, with RE and hydro generation rising and coal output falling

The headline HSBC purchasing managers index (PMI) figure, compiled by S&P Global, for November fell sharply to 56.6 from 59.2 in October