India’s manufacturing sector ended Q1 FY25 on a strong note, as the manufacturing PMI rose to a 14-month high of 58.4 in June, up from 57.6 in May.
Output, new orders, and exports—especially to the US—accelerated, driving job creation and input purchases.
Intermediate goods led growth, input cost inflation eased, and firms raised prices as finished goods inventories continued to shrink.
