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The Economic Times

Top News / The Economic Times

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India manufacturing activity rose in May despite cost pressures, PMI shows

India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from rising energy and material prices, factory output accelerated. While hiring continued, business optimism dipped to a four-month low, though companies remain hopeful for future easing of costs.

1 Jun 2026 10:43 am