Industry Odisha Bureau, Jul 2: India’s Manufacturing Purchasing Managers’ Index reportedly slowed in June 2026 driven by slowdown in new orders and output, as per a survey reportedly conducted by British universal bank and financial services group HSBC headqaurtered in London.
The survey also reportedly claimed that, “Manufacturing activity slowed to 54.2 in June 2026, while it is the second-lowest level in the last four years. Due to slowdown in total new orders and international sales, buying levels, employment and output also slowed.”
The survey report further stated that, “Rates of increase in both output and new orders were the weakest seen in four years with exception of March 2026, while international demand for Indian goods continued to improve in June, but the pace of growth was modest and the weakest in 39 months amid reports of subdued sales to some European markets.”
On the contrary, it has also been reported that, “India’s HSBC Manufacturing Purchasing Managers’ Index (PMI) had increased to 54.7 in April 2026 from 53.9 in March, indicating sustained growth in factory activity and new orders, as a reading above 50 denotes expansion. Preliminary flash data had suggested a higher figure of 55.9, reflecting optimism in the sector, but the final revised PMI confirms moderate expansion.”
