ReferIndia News India's factory growth hits more than 17-year high in August, PMI shows

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India's factory growth hits more than 17-year high in August, PMI shows

Published on: Sept. 1, 2025, 10:33 a.m. | Source: The Economic Times

India's manufacturing sector saw rapid growth in August. Production increased due to strong demand. The HSBC India Manufacturing PMI reached a high point. New orders grew robustly, but export orders softened. Firms increased hiring, though at a slower pace. Inflationary pressures also increased. Business confidence improved despite U.S. tariffs.

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