India's manufacturing sector has held its ground in June, as the S&P Global Manufacturing Purchasing Manager's Index (PMI) recorded a steady 58.4, according to the latest data updated on July 1, 2025. This marks a noteworthy period of stability for India's manufacturing performance, as the month-over-month indicator remained unchanged in June compared to its previous reading.
The sustained PMI at 58.4 suggests continued robust expansion within the sector, as any reading above 50 typically denotes growth. This stable index reflects the manufacturing industry's ability to maintain its performance despite ongoing global economic challenges. Analysts view this consistency as a positive sign, pointing toward strong demand and resilience in India's domestic market.
Economists highlight that maintaining such a level in the PMI index is crucial for India's economic outlook, as manufacturing plays a significant role in overall GDP growth. With this steady indicator, expectations remain optimistic for further strengthening of manufacturing activities in the coming months, which could potentially position India favorably within the global economic landscape. The manufacturing sector's performance is a critical component for maintaining the country's economic momentum.
