India’s manufacturing sector continued to demonstrate resilience in April, with the Purchasing Managers’ Index (PMI) rising to 54.7 from 53.9 in March, according to HSBC Flash India PMI data. The increase indicates sustained expansion in factory activity, as a PMI reading above 50 signals growth. The improvement was supported by moderate increases in output, new orders, including export demand and employment levels. The data reflects steady momentum at the start of the new financial year, highlighting the sector’s ability to maintain expansion despite global uncertainties. Growth in international orders emerged as a key driver, reinforcing India’s position in global supply chains and supporting overall manufacturing activity.However, the pace of expansion remained relatively moderate, marking one of the slower improvements in operating conditions in recent years. While production and demand showed positive trends, the growth rates were moderate, indicating cautious business sentiment. Rising input costs and inflationary pressures continued to pose challenges, impacting profit margins and pricing strategies. Despite these constraints, manufacturers sustained hiring activity and maintained optimism about future output. The continued expansion in key indicators such as output, new business and employment underscores the underlying strength of India’s manufacturing sector, even amid external headwinds. Overall, the April PMI data highlights a balanced outlook, steady growth driven by demand and exports, tempered by cost pressures, reflecting both resilience and caution in the sector’s trajectory. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.https://www.ibef.org/news/india-s-manufacturing-pmi-rises-to-54-7-in-april-amid-continued-resilience (ICE MUMBAI)

Fonte notizia: IBEF