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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
India's composite PMI falls to 60.7; depicts healthy economy
While global manufacturing faces headwinds, India’s economic sectors, particularly manufacturing and services, continue to demonstrate significant growth and resilience.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
UP CM to flag off 100 eBuses of PMI Electro Mobility ahead of Ram Mandir consecration
Airconditioned eBuses to provide safe and comfortable transit for dignitaries, pilgrims and general public to complement green transport mission at Ayodhya.Read 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
PMI Electro Mobility seeks Rs 250 Cr funding for production expansion
The company, currently in the process of establishing a new manufacturing facility in Pune, anticipates making an estimated investment of around Rs 150 crore to facilitate the expansion.Read more
India's August manufacturing PMI surges to three-month high at 58.6
According to the survey findings, companies responded to this rising demand by increasing their procurement levels and replenishing their input inventories at the second-highest rate in the 18-and-a-half-year history of data collection.Read more
Manufacturing GVA lags behind despite positive economic indicators
In the first quarter of the preceding fiscal year, it remained stagnant at 17.2 per cent.Read more
October exports show degrowth of 5.4 per cent due to supply challenges: FIEO
FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more