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India’s manufacturing growth hits six-month high in Jan on sharp upturn in new export orders

News Desk by News Desk
February 3, 2025
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India’s manufacturing growth hits six-month high in Jan on sharp upturn in new export orders
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NEW DELHI: India’s manufacturing sector growth started the year 2025 on a strong footing and touched a six-month high in January, fuelled by the steepest upturn in exports in nearly 14 years, a monthly survey said on Monday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from December’s one-year low of 56.4 to 57.7 in January supported by the fastest upturn in new export orders since February 2011.

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In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. PTI

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