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India manufacturing PMI shows mild recovery as activity improves in January
India’s manufacturing PMI edged higher in January, signalling mild recovery supported by better demand and easing cost pressures.
India’s manufacturing sector showed a slight recovery in January, with the PMI indicating improved output and new order growth. Easing input cost pressures and better demand conditions supported factory activity, though employment gains remained modest. Survey participants cited cautious optimism as domestic demand stabilised, while export orders stayed mixed. Analysts said sustained recovery will depend on consumption momentum and global economic stability.