FX.co ★ India's Manufacturing Sector Strengthens: S&P Global PMI Hits 59.2 in October

India's manufacturing sector continues to show remarkable resilience, as evidenced by the latest S&P Global Manufacturing Purchasing Managers' Index (PMI) figures. According to data updated on November 3, 2025, the index ascended to 59.2 in October, marking an increase from September's reading of 58.4. This growth underscores a solid expansion in the manufacturing sector, signaling robust industrial activity and overall economic vigor.

The PMI is a critical metric used to gauge the health of the manufacturing sector, with a reading above 50 indicating expansion. October's climb to 59.2 reflects not only an upward trajectory in manufacturing activity but also suggests improved demand conditions and increased production levels. This momentum aligns with India's industrial ambitions and economic strategies aimed at bolstering production capabilities.

As India continues to focus on strengthening its industrial backbone, these PMI figures offer promising indications for stakeholders and policymakers. The sustained growth is expected to bolster investor confidence and fuel further advancements in the nation's manufacturing and economic landscape. Investors and market observers will be keenly watching these developments as they unfold, eager to see if this upward trend can maintain its course in the coming months.