India’s manufacturing sector growth caught speed, PMI increased to 8 months highest in March

The growth rate of India’s manufacturing sector has been at an eight -month high in March. The reason for this is to increase the output due to the rapid sales increases. This information was given in the report released by HSBC on Wednesday.

Statistics compiled by S&P Global stated that the manufacturing sector activities in March have increased at a time when the growth rate in international orders has slowed down. At the same time, companies have used their inventory to compensate for increase in demand, which has led to the fastest decline in the stock of goods after January 2022.

Additionally, companies have increased the purchase of inputs rapidly due to low inventory and it has been at a seven -month high in March.

The report stated that the total sales in March 2025 have increased the fastest since July 2024. This is due to positive response from customers, successful marketing and increase in demand.

The report said that companies have increased the amount of production at the end of FY 2024-25. The rate of expansion was faster, above its historical average and the strongest in eight months. Although the new export order continued to grow strongly in March, the speed of growth came to a three -month low.

The report stated that the march stock has seen the fastest decline in the last three years due to high demand, while the report further stated that production can be good in the next 12 months due to good demand and customer response.