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FX.co ★ India's Manufacturing Growth Slows as S&P Global PMI Dips in November

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typeContent_19130:::2025-11-21T05:00:00

India's Manufacturing Growth Slows as S&P Global PMI Dips in November

India's manufacturing sector has experienced a slowdown in growth, as indicated by the latest data from the S&P Global Manufacturing Purchasing Managers' Index (PMI). The index, which serves as a crucial barometer for manufacturing performance, dropped to 57.4 in November 2025, down from 59.2 in October 2025.

This decline could signal a moderation in the expansion pace of India's manufacturing industry, following several months of robust growth. The PMI reading above 50 still suggests expansion, but the decline to 57.4 highlights a deceleration that analysts and economists will closely monitor.

Economic commentators will be assessing whether this dip reflects temporary factors or is indicative of broader trends within the global and domestic marketplaces affecting manufacturing sectors. The data, updated on 21 November 2025, will likely prompt discussions on potential policy responses and strategies to sustain momentum in the manufacturing sphere.

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