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8h agoManufacturing momentum accelerates in India as survey signals stronger factory expansion
Fresh economic survey readings show India’s Manufacturing PMI rising sharply to 59.2 in October, indicating expansion strength outpacing several major global markets. Economists state that sustained volume increases, stronger supplier delivery efficiency, and continued order book growth driven by festive demand are primary contributors to the index climb. In addition, GST revenue collections remained above ₹1.8 lakh crore for the tenth month consecutively, reflecting resilience in India’s consumption engine despite uneven global macro sentiment. Analysts believe this combination of strong purchasing managers confidence and consistent tax receipts strengthens India’s economic visibility heading into FY26 pre-budget positioning.
positive
8h agoManufacturing momentum accelerates in India as survey signals stronger factory expansion
Fresh economic survey readings show India’s Manufacturing PMI rising sharply to 59.2 in October, indicating expansion strength outpacing several major global markets. Economists state that sustained volume increases, stronger supplier delivery efficiency, and continued order book growth driven by festive demand are primary contributors to the index climb. In addition, GST revenue collections remained above ₹1.8 lakh crore for the tenth month consecutively, reflecting resilience in India’s consumption engine despite uneven global macro sentiment. Analysts believe this combination of strong purchasing managers confidence and consistent tax receipts strengthens India’s economic visibility heading into FY26 pre-budget positioning.
positive
Manufacturing momentum accelerates in India as survey signals stronger factory expansion
about 8 hours ago
1 min read
96 words
India’s October PMI rising to 59.2 and consistent GST flows above ₹1.8 lakh crore indicate sustained demand strength and continued factory expansion despite global challenges.
Fresh economic survey readings show India’s Manufacturing PMI rising sharply to 59.2 in October, indicating expansion strength outpacing several major global markets. Economists state that sustained volume increases, stronger supplier delivery efficiency, and continued order book growth driven by festive demand are primary contributors to the index climb. In addition, GST revenue collections remained above ₹1.8 lakh crore for the tenth month consecutively, reflecting resilience in India’s consumption engine despite uneven global macro sentiment. Analysts believe this combination of strong purchasing managers confidence and consistent tax receipts strengthens India’s economic visibility heading into FY26 pre-budget positioning.
Fresh economic survey readings show India’s Manufacturing PMI rising sharply to 59.2 in October, indicating expansion strength outpacing several major global markets. Economists state that sustained volume increases, stronger supplier delivery efficiency, and continued order book growth driven by festive demand are primary contributors to the index climb. In addition, GST revenue collections remained above ₹1.8 lakh crore for the tenth month consecutively, reflecting resilience in India’s consumption engine despite uneven global macro sentiment. Analysts believe this combination of strong purchasing managers confidence and consistent tax receipts strengthens India’s economic visibility heading into FY26 pre-budget positioning.
Tags:
economy
PMI
economy
PMI
GST
manufacturing
Nov 3, 2025 • 16:28 IST