Bihar Conclave 2025

Manufacturing PMI

India’s manufacturing sector showed strong momentum in July 2025, with the HSBC Flash Manufacturing Purchasing Managers' Index (PMI) rising to 59.2, the highest level in nearly 17 and a half years.

India’s private sector economy concluded the 2024/25 fiscal year on a strong note, with continued expansions in new business intakes.

India’s business activity hit a three-month high in November, driven by robust services growth and record job creation, as per HSBC's survey.