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August 02, 2025 IST 18:58:19

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1 day ago

Duration: 0h 2m 39s

India's manufacturing sector growth hits 16-month high in July

India's manufacturing sector growth strengthened in July to a 16-month high of 59.1, supported by faster increases in new orders and output amid favourable demand conditions, a monthly survey said on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index rose from 58.4 in June to 59.1 in July, signalling the strongest improvement in the health of the sector since March 2024.

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