FX.co ★ India's Manufacturing Sector Expansion Slightly Accelerates in April

In a modest yet positive development, India's manufacturing sector maintained its expansion momentum in April 2025, according to the S&P Global Manufacturing Purchasing Managers' Index (PMI). The index edged up slightly to 58.2, from the previous month's 58.1, signaling a minor improvement in business conditions in the sector. This update, released on May 2, 2025, highlights continued strength in the country's manufacturing landscape.

The marginal rise in the PMI underscores stable growth, as a reading above 50 indicates overall expansion. Despite the small increment, it suggests that manufacturers have managed to sustain momentum amid various global headwinds. Industry experts suggest that this continued expansion could be reflective of steady domestic demand and resilient export orders supporting manufacturing activities.

Such data is crucial for policymakers and investors aiming to understand the economic health and potential of India's industrial sector. As manufacturing is a significant contributor to India’s GDP, this slight uptick can be seen as a positive indicator for the overall economic climate, fostering confidence in future growth prospects. With the manufacturing sector holding its ground, stakeholders remain optimistic for further improvements in the coming months.