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Indian manufacturing sector ends 2024 with modest growth, December PMI at 56.4

November's PMI had already shown a decline to 56.5, a joint 11-month low, from 57.5 in October, indicating a manufacturing slowdown.Read more

India's manufacturing PMI slips to 56.5 in November amid rising competition

Input cost inflation reached its highest level since July, with items like chemicals, cotton, leather, and rubber seeing price hikes. Read more

India’s manufacturing PMI rises to 57.5 in October

About 10% of survey respondents reported increased staffing, while only 1% reduced jobs.Read more

Manufacturing activity hits 8-month low in September: Survey

Business confidence levels also dipped to their lowest since April 2023, reflecting a cautious outlook within the sector. Read more

Manufacturing activity in India rebounds in June; fastest hiring in 19 years

As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more

India's Manufacturing Sector Growth Hits 5-Month High in February 2024

India’s manufacturing sector growth climbed to a five-month high in February 2024 amid a sharper uptick in factory production and sales, supported by both domestic and external demandRead more

India's Manufacturing sector holds strong in December despite PMI Dip

S&P Global, the compiler of the index, noted that December's PMI reading signifies a substantial improvement in the sector's health. Despite being above the long-term series trend, it contributed to the lowest quarterly average (55.5) since Q1 2022-23.Read more

India's growing economy set to outpace China temporarily: IMF

According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more

Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project

Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more

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