India Manufacturing PMI Climbs to 7-Month High of 55.1 in September
India’s manufacturing sector ended the quarter on a firmer footing in September, with the Purchasing Managers’ Index rising to 55.1, a seven-month high, signaling a solid expansion in factory activity. The latest reading points to stronger new orders, higher output, improved hiring and sustained optimism about demand, even as firms continue to navigate cost pressures and a mixed global backdrop.
