Manufacturing PMI in India slows to 54.2 in June, marking the second-lowest level in four years amid declining orders.

India's manufacturing growth slowed in June to its second-weakest pace since mid-2022, as demand and hiring softened.

India's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goods impacting output and hiring. While…

The HSBC Purchasing Managers Index (PMI) compiled by S&P Global fell to 54.2 in June from 55 in May. It stood at 58.4 in June 2025.

India's PMI is projected to remain stable at 57-59 in FY27, driven by resilient services and cautious manufacturing recovery.