https://www.taxtmi.com/news?id=32651 India's manufacturing activity expanded at the start of 2025 as a steep upturn in new export orders and robust domestic demand drove the HSBC India Manufacturing PMI higher, prompting substantial production increases and stronger business sentiment. Firms reported increased hiring to manage workloads, while input cost inflation eased for a second month even as selling prices rose amid buoyant demand; capacity pressures remained mild. The PMI is compiled from a panel survey of purchasing managers covering around 400 manufacturers. en-us Mon, 03 Feb 2025 11:16:03 +0530 Mon, 03 Feb 2025 11:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32651 India's manufacturing activity expanded at the start of 2025 as a steep upturn in new export orders and robust domestic demand drove the HSBC India Manufacturing PMI higher, prompting substantial production increases and stronger business sentiment. Firms reported increased hiring to manage workloads, while input cost inflation eased for a second month even as selling prices rose amid buoyant demand; capacity pressures remained mild. The PMI is compiled from a panel survey of purchasing managers covering around 400 manufacturers. News - Mon, 03 Feb 2025 11:16:03 +0530 https://www.taxtmi.com/news?id=32651