India's manufacturing activity grew at its weakest pace in 2024
6 days, 8 hours ago

India's manufacturing activity grew at its weakest pace in 2024

Deccan Chronicle  

New Delhi: Despite easing cost pressures and strong job growth, India's manufacturing activity grew at its weakest pace for the year 2024, falling to a 12-month low in December this year as new business orders and production expanded at softer rates. “The ongoing improvements in new work intakes prompted manufacturing companies in India to purchase additional inputs for use in production processes and on the job front, around one in ten companies recruited extra staff, while fewer than 2 percent of firms shed jobs,” the survey noted. Though the manufacturing sector growth was hampered by competition and price pressures, Lam, however, said that there was some uplift in the growth of new export orders, which rose at the fastest pace since July. “Although new export sales rose at a slower rate than total new business, the pace of growth for the former strengthened as firms were able to secure international orders from across the globe,” the survey noted.

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History of this topic

India’s Services Sector Ends 2024 Strong Amid Eased Inflation Pressures
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2 days, 7 hours ago

India’s Services Sector Ends 2024 Strong Amid Eased Inflation Pressures

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2 days, 15 hours ago

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Deccan Chronicle  

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6 days, 11 hours ago

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Live Mint  

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India’s manufacturing growth at 12-month low in December
Trending News
6 days, 13 hours ago

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Live Mint  

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Trending News
6 days, 14 hours ago

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Firstpost  

India’s Manufacturing Purchasing Managers’ Index fell to 56.4, down from 56.5 in November. Source: Reuters India’s manufacturing activity logged its weakest growth of 2024 in December with the Manufacturing Purchasing Managers’ Index, or PMI, declining to a 12-month low of 56.4, down from 56.5 in November. The HSBC India Manufacturing Purchasing Managers’ Index averaged over 57.5 in 2024, compared with …

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6 days, 15 hours ago

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Live Mint  

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Live Mint  

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Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
1 week, 3 days ago

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Live Mint  

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3 weeks, 2 days ago

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Deccan Chronicle  

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India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
3 weeks, 2 days ago

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

The Hindu  

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India's Services Sector Growth Stays Strong, Defies Inflation
1 month ago

India's Services Sector Growth Stays Strong, Defies Inflation

Deccan Chronicle  

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1 month ago

India’s services sector growth falls marginally in November

Live Mint  

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1 month ago

Manufacturing PMI falls to 56.5 in November

Hindustan Times  

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1 month ago

India's Manufacturing PMI Slips to 56.5 in November

Deccan Chronicle  

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1 month ago

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Live Mint  

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1 month ago

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Deccan Chronicle  

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India TV News  

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Live Mint  

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India Today  

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Deccan Chronicle  

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1 month, 2 weeks ago

Services sector boosts business activity as manufacturing growth slows in Nov

Live Mint  

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Flash PMI signals India’s private sector activity at three-month high in November
1 month, 2 weeks ago

Flash PMI signals India’s private sector activity at three-month high in November

The Hindu  

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1 month, 3 weeks ago

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India TV News  

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India’s service sector growth rebounds in October on higher demand
2 months ago

India’s service sector growth rebounds in October on higher demand

Live Mint  

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2 months ago

Mint Quick Edit | Stock market drop: It isn’t about the economy

Live Mint  

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Manufacturing Sector Recovers Strongly in October, with PMI Reaching 57.5
2 months ago

Manufacturing Sector Recovers Strongly in October, with PMI Reaching 57.5

ABP News  

India's manufacturing sector rebounded in October, with the seasonally adjusted PMI rising to 57.5. The rise was driven by strong demand, increased new orders, and a boost in international sales. The sector's performance was buoyed by strong domestic demand as well as increased international orders. New export orders also grew in October, bouncing back after a sluggish September.

India’s manufacturing activity rises in October driven by growth in new orders
2 months ago

India’s manufacturing activity rises in October driven by growth in new orders

Live Mint  

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China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality
2 months, 1 week ago

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality

China Daily  

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India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
2 months, 1 week ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

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3 months ago

Private sector activity grew at 10-month low pace in September

The Hindu  

Growth in India’s private sector activity slowed to a ten-month low this September, as per the HSBC India Composite Output Index, which slipped from 60.7 in August to 58.3 last month, as factories and services players clocked a reduction in momentum. While manufacturing sector activity mellowed in September, with factory output and sales growing at the slowest pace so far …

Factory activity also cooled in September
3 months, 1 week ago

Factory activity also cooled in September

The Hindu  

Activity levels in India’s manufacturing sector mellowed in September, with factory output and sales growing at the slowest pace so far in 2024, and export orders rising at the mildest pace in 18 months, as per the survey-based HSBC India Manufacturing Purchasing Managers’ Index. The seasonally adjusted PMI reading for September slipped to the lowest level since this January at …

Indian businesses grow at slowest pace in nine months, says HSBC Flash PMI
3 months, 2 weeks ago

Indian businesses grow at slowest pace in nine months, says HSBC Flash PMI

Live Mint  

New Delhi: India's business activity moderated in September, with output and new orders growing at the slowest pace in nine months, according to the flash survey by HSBC Holdings Plc. The HSBC flash PMI survey, compiled by S&P Global, highlighted strong new business inflows, solid job creation, and optimistic growth expectations. The India Services Purchasing Managers’ Index Business Activity Index …

India’s industrial output grows 4.8% in July
3 months, 3 weeks ago

India’s industrial output grows 4.8% in July

The Hindu  

India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months. Manufacturing output growth picked up to 4.6% in July, from 3.2% in June, and was …

Domestic demand, easing costs propped up Services in August: PMI
4 months ago

Domestic demand, easing costs propped up Services in August: PMI

The Hindu  

Business activity in India’s services sector accelerated at a five-month high pace in August, aided by productivity gains, a pullback in cost pressures which eased to a four-year low, and higher domestic demand. The seasonally adjusted HSBC India Services Business Activity Index, based on responses from 400-odd private players, rose to 60.9 in August from 60.3 in July. Overall private …

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August
4 months ago

Purchasing Managers’ Index (PMI): Manufacturing activity at 3-month low in August

The Hindu  

Manufacturing activity dropped to a three-month low in August, with new factory orders growing at the slowest pace in seven months and export orders clocking their weakest rise in 2024, even as inflation and competitive pressures dragged producers’ optimism to the worst level since April 2023, as per a private survey-based index. On the bright side, the inflation in manufacturing …

China's service sector sees expansion while production shrinks
4 months, 1 week ago

China's service sector sees expansion while production shrinks

China Daily  

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India’s economic activity slipped slightly in August, PMI shows
4 months, 2 weeks ago

India’s economic activity slipped slightly in August, PMI shows

Hindustan Times  

India’s economic activity slipped slightly in August as new order growth for the manufacturing sector slowed, a flash survey by HSBC Holdings Plc showed. India’s economic activity slipped in August as manufacturing new order growth slowed, HSBC survey showed. The manufacturing purchasing managers’ index dropped to a three-month low of 57.9 from 58.1 in July, while the services purchasing managers’ …

Services PMI signals mild dip in July; output prices raised at fastest pace in 7 years
5 months ago

Services PMI signals mild dip in July; output prices raised at fastest pace in 7 years

The Hindu  

Services sector activity remained robust in July, with international sales growing at the third-fastest pace in almost ten years, even as rising input costs compelled firms to raise prices at a seven-year high rate, as per the HSBC India Services Purchasing Managers’ Index that eased marginally from 60.5 in June to 60.3 last month. Overall private sector activity, factoring in …

​Election overhang: The Hindu Editorial on economic activity
5 months ago

​Election overhang: The Hindu Editorial on economic activity

The Hindu  

Production in India’s eight core infrastructure sectors remained largely dampened by the impact of a slowdown in state spending on public works in June, when the general election ended in the early part of the month leading to the formation of a new government at the Centre. Provisional data on the Index of Eight Core Industries released by the Commerce …

PMI signals factory activity eased a tad in July; price pressures mount
5 months, 1 week ago

PMI signals factory activity eased a tad in July; price pressures mount

The Hindu  

Growth in new orders and output eased slightly at Indian factories during July, even as firms raised selling prices at the highest pace in almost 11 years amid a significant spike in input costs that accelerated at a two-year high rate, as per the HSBC India Manufacturing Purchasing Managers’ Index. “The continuous increase in the output price index, driven by …

Budget 2024 presents a detailed, comprehensive road map for Viksit Bharat
5 months, 2 weeks ago

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Live Mint  

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Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months, 2 weeks ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Surveys show Chinese economy growing but at modest pace
6 months, 1 week ago

Surveys show Chinese economy growing but at modest pace

Associated Press  

BANGKOK — Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. “From the perspective of output, China’s economy is maintaining expansion, but the momentum of recovery still needs to be consolidated,” the official Xinhua News Agency cited Zhao Qinghe, senior statistician for the National …

India lucrative for steelmakers because of higher infra spending, economic growth
6 months, 2 weeks ago

India lucrative for steelmakers because of higher infra spending, economic growth

Hindustan Times  

Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel makers in the country are optimistic about the domestic demand. The case with steel exports Indian exports have been affected by a variety of reasons in the recent past including low production due to scheduled maintenance shutdowns, preference for the domestic market over …

India's Business Growth Surges in June: PMI Report
6 months, 2 weeks ago

India's Business Growth Surges in June: PMI Report

Deccan Chronicle  

New Delhi: Regaining the momentum in June with business activity picking up at a quicker pace, Indian businesses, both in the manufacturing and services sectors, expanded at a faster pace in the month of June than the previous month. According to the survey carried out by the global banker HSBC Flash India PMI, the headline flash composite Purchasing Managers’ Index …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
6 months, 3 weeks ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

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