ManufacturingMarket hours
India’s manufacturing PMI rises to 59.2 in October
market hours1 source ↓written by the desknot a recommendation
- in October
- 59.2
- in September
- 57.7
- continued
- 20th consecutive month
India's Manufacturing Purchasing Managers' Index (PMI) surged to 59.2 in October, up from 57.7 in September, signaling robust expansion. This growth is attributed to strong domestic demand, GST relief measures, and increased technology investments. Notably, job creation continued for the 20th consecutive month, indicating sustained sector strength.
Not investment advice. For informational purposes only.