India’s manufacturing PMI hits 10-month high in April on strong orders
India's manufacturing PMI edged up to 58.2 in April, the strongest sector health in 10 months. Output rose at its fastest rate since June 2024, supported by robust domestic and export demand. New orders and employment grew sharply, while selling prices surged to an 11.5-year high. Input costs rose modestly, yet firms passed these on. Optimism remained strong amid rising enquiries and stock building.
India's manufacturing PMI edged up to 58.2 in April, the strongest sector health in 10 months.
Output rose at its fastest rate since June 2024, supported by robust domestic and export demand.
New orders and employment grew sharply, while selling prices surged to an 11.5-year high.
Input costs rose modestly, yet firms passed these on.
Optimism remained strong amid rising enquiries and stock building.
