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The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to 56.5 in January from December's 18-month low of 54.9.
HSBC India Manufacturing Purchasing Managers' Index rose to a four-month high of 56.5 in January, recovering from the previous month's 18-month low of 54.9. The rise in production was driven by robust domestic demand, with current output expanding and domestic orders growing faster than export orders.
New Delhi, India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost