India’s Manufactu
ring PMI rose to 59.1 in July 2025, the strongest since March 2024.
The PMI was up from 58.4 in June, showing faster factory activity and solid demand.
New orders grew sharply, boosting output across key manufacturing sectors.
The sector outpaced services in July, thanks to higher production and fres
h demand.
Business confidence fell, touching a 3-year low as firms grew cautious.
Hiring slowed, with employment rising marginally, the weakest in 8 mont
hs.
Input costs rose, leading to a steady increase in selling prices.
Export orders were strong but saw slightly slower growth than Jun
e.
Experts say the RBI is likely to keep rates steady at 5.50% for now.
Overall, the data points to resilient manufacturing but rising uncer
tainty.