S&P Global: India’s manufacturing sector rebounds strongly in Dec. ’24

India’s manufacturing sector rebounded strongly in December, with the HSBC Flash India Manufacturing PMI rising to 57.4 from 56.5 in November, indicating robust expansion in factory business conditions.

New orders increased significantly, reaching the highest level since July, driven by both domestic and international clients. Service providers also saw stronger sales growth, according to the S&P Global report.

Attribution: The S&P Global report

Subediting: M. S. Salama