HSBC India Manufacturing PMI rose to 55 in May

Jun 01, 2026

01:06 pm

What's the storyIndia's manufacturing sector witnessed the fastest growth in three months in May, owing to strong domestic demand and a spike in new orders.

The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 55 from April's 54.7, beating an earlier estimate of 54.3.