The Economic Times

India factory activity rebounds sharply in September as demand revives, PMI hits 7-month high

India's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC India Manufacturing Purchasing Managers' Index rose to 55.1, indicating notable growth in factory activity. New orders increased significantly, with manufacturers reporting higher export demand from multiple international clients. Employment in the sector also expanded, recovering from a previous decline in August.