India's manufacturing sector is on an upward trajectory as the S&P Global Manufacturing Purchasing Managers' Index (PMI) for July reached 59.1, marking a significant surge in manufacturing activity. This strong performance follows the previous indicator of 58.4, recorded in the same month. The updated data, released on 1 August 2025, reveals the continued robustness and expansion of India's manufacturing sector.
The increasing PMI index, now at 59.1, underscores an accelerated pace of growth in manufacturing, driven by buoyant demand, increased production, and a boost in new orders. The latest figures indicate positive business conditions and heightened confidence among manufacturers, reflecting the sector's resilience amidst global economic fluctuations.
Industry experts suggest that the ongoing expansion in the manufacturing index is a positive sign of India's economic health, suggesting a sustained recovery phase post-pandemic. The latest PMI figures offer a promising outlook for further growth in the coming months, reinforcing India's position as a manufacturing hub in the global economy.
