ReferIndia News India's Manufacturing Surge: PMI Hits 16-Month High in July

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India's Manufacturing Surge: PMI Hits 16-Month High in July

Published on: Aug. 1, 2025, 1:17 p.m. | Source: Devdiscourse

India's manufacturing sector saw significant growth in July, with the PMI climbing to a 16-month high of 59.1. Driven by strong domestic demand, new orders surged, while cost pressures increased modestly. However, job creation slowed and business confidence dipped to a three-year low.

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