FX.co ★ Indian Manufacturing Sector Sees Continued Growth, S&P Global PMI Climbs to 56.8 in January

In a positive development for the Indian economy, the S&P Global Manufacturing Purchasing Managers' Index (PMI) has recorded a notable rise, reaching 56.8 in January 2026 from a previous figure of 55.0 in December 2025. This increase highlights sustained momentum in the manufacturing sector, reflecting strong business confidence and expansion in economic activity.

The PMI data, updated on January 23, 2026, suggests that India's manufacturing industry is experiencing robust growth, driven by increased output and new domestic and international orders. The rise in the index, a key barometer of manufacturing health, underscores the sector’s resilience amidst challenging global economic conditions.

Industry analysts attribute this growth to favorable government policies, a steady inflow of investments, and advancements in manufacturing technologies. The upward trend raises optimism for further economic progress as India continues to position itself as a major player in the global manufacturing arena. The sustained increase in the PMI signals an encouraging outlook for production capabilities and future job creation in the sector.