India’s manufacturing PMI jumps to 59.2 in October as new orders accelerate

India’s manufacturing PMI reached 59.2 in October, signalling strong momentum in output and new orders though input inflation remains elevated.

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India’s manufacturing PMI jumps to 59.2 in October as new orders accelerate

India’s manufacturing PMI jumps to 59.2 in October as new orders accelerate
In early November 2025, India’s manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October from 57.7 in September, reflecting robust expansion in output, new orders and employment. Firms cited improved domestic demand, stable input supply and government support for GST‑led investment. However, input‐cost inflation remained elevated, and export order growth lagged domestic expansion. 
Economists suggest the strong PMI supports capex optimism but caution external demand and commodity risk may temper growth ahead.