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National News

The Times of India

National / The Times of India

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PMI profile: Manufacturing sector activity sees marginal recovery in January

India's factory activity saw a slight rebound in January, with the HSBC India Manufacturing PMI rising to 55.4, driven by stronger new orders and increased production. Despite this growth, business confidence among manufacturers weakened significantly, reaching a three-and-a-half-year low, with expectations for future output declining.

2 Feb 2026 2:26 pm