Overview

• India’s manufacturing PMI rose to 58.2 in April, its highest in 10 months, signaling strong sectoral growth.
• Export orders grew at the second-fastest pace in over 14 years, with demand spanning Africa, Asia, Europe, the Middle East, and the Americas.
• Manufacturers raised selling prices at the steepest rate since October 2013, leveraging robust demand to offset moderate input cost inflation.
• Hiring accelerated, with 9% of firms adding workers through both permanent and temporary contracts to meet growing output needs.
• Analysts suggest increased export orders may indicate a potential shift in global production to India, influenced by U.S. tariff policies.