Financial News: India Manufacturing Growth Rebounds In January

India Manufacturing Growth Rebounds In January

02/02/2026 - 01:52:00 (RTTNews)

(RTTNews) - India's factory activity growth bounced back in January from a 2-year low in December amid faster rises in factory orders and production, survey data from S&P Global showed on Monday.

The HSBC manufacturing Purchasing Managers' Index rose to 55.4 in January from 55.0 in December. A score above 50 indicates expansion in the sector.

Output grew at a quicker pace than in December on the back of demand buoyancy, new business growth, and tech investment. The growth in new orders rebounded as demand strength and marketing efforts drove sales to domestic and international clients higher.

Indian manufacturers continued to scale up workforce numbers in line with rising outstanding business volumes, and the pace of job creation was the quickest in three months.

On the price front, input prices rose at the fastest pace in four months due to higher costs for chemicals, copper, iron, jute, paper, steel and transportation. Nonetheless, output price inflation was the weakest in nearly two years as improved efficiency, better cost management, and market rivalry prevented goods producers from increasing their fees.

"Despite faster growth in new orders, business confidence remains muted, and expectations for future output have declined to their lowest level since July 2022," Pranjul Bhandari, Chief India Economist at HSBC, said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Jump Much More Than Expected (01 hr(s), 51 min(s), 12 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed crude o ...Full Story»

U.S. Factory Orders Inch Up In Line With Estimates In January (02 hr(s), 03 min(s), 12 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a slight increase in ...Full Story»

U.S. Producer Prices Climb 0.7% In February, Much More Than Expected (02 hr(s), 17 min(s), 12 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of Febru ...Full Story»

Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting (02 hr(s), 26 min(s), 12 sec(s) ago)
(RTTNews) - The Bank of Canada on Wednesday announced its widely expected decision to leave intere ...Full Story»

South Africa Retail Sales Growth Rebounds In January (03 hr(s), 04 min(s), 12 sec(s) ago)
(RTTNews) - South Africa's retail sales growth quickened in January after easing in the previo ...Full Story»

U.S. Producer Prices Climb Much More Than Expected In February (03 hr(s), 51 min(s), 12 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of Febru ...Full Story»

Malta HICP Inflation Remains Stable At 2.3% (04 hr(s), 10 min(s), 12 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady in February, data from the National St ...Full Story»

Portugal Producer Prices Fall 3.5% (04 hr(s), 29 min(s), 12 sec(s) ago)
(RTTNews) - Portugal's producer prices continued their declining trend in February, figures fr ...Full Story»