India's manufacturing sector booming at 57.7 in January, driven by strong demands

Quick Summary:

India's manufacturing sector saw its fastest growth in six months in January, driven by a sharp rise in new orders and record export growth.The PMI rose to 57.7, indicating strong sector health.

Robust job creation and easing input cost pressures were also noted.

Optimism among manufacturers suggests ongoing expansion and solid prospects for early 2025.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: January manufacturing data Manufacturing growth HSBC India Manufacturing PMI Business news India manufacturing sector Export growth India

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 17:35:47 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 586 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25784420

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

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Year Established: 1838

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