India’s manufacturing growth momentum eases in Oct India’s manufacturing sector activity lost some growth momentum in October compared to September as output and new orders increased only marginally, according to HSBC India Manufacturing Purchasing Managers’ Index (PMI) data released by S&P Global on Monday Published on: Nov 3, 2026, 07:50:20 IST By Shreya Khandelwal, New Delhi Prefer HTon Google Share via Copy link
India’s manufacturing growth momentum eases in Oct
India's manufacturing sector growth lost momentum in October. According to the HSBC India Manufacturing Purchasing Managers' Index data, output and new orders increased only marginally compared to the previous month, signaling a slight slowdown in factory activity.
NAI summary30-second read
What happened
India's manufacturing sector growth slowed in October as output and new orders increased only marginally compared to September.
Why it matters
When manufacturing growth slows down, it often signals a cooling in the industrial sector which can directly impact job creation, salary hikes, and overall economic optimism for working professionals and business owners.
Impact
If this easing trend continues, companies might slow down hiring and expansion plans, which could lead to cautious consumer spending in the coming months.
Read the full story at Hindustan Times.
