{"id":31000,"date":"2026-10-01T07:28:59","date_gmt":"2026-10-01T07:28:59","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=31000"},"modified":"2026-10-01T07:28:59","modified_gmt":"2026-10-01T07:28:59","slug":"indias-factory-growth-hits-7-month-high-in-september-thanks-to-demand-and-hiring-boost","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=31000","title":{"rendered":"India&#8217;s factory growth hits 7 month high in September, thanks to demand and hiring boost"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134611072,width-400,height-225,resizemode-4\/factory-growth-hits-7-month-high-pmi-rises-to-551.jpg\" alt=\"India's factory growth hits 7 month high in September, thanks to demand and hiring boost\" title=\"Factory growth hits 7-month high, PMI rises to 55.1\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Factory growth hits 7-month high, PMI rises to 55.1\">Factory growth hits 7-month high, PMI rises to 55.1<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India\u2019s manufacturing activity scaled up sharply in September, as stronger demand pushed up sales and production, while companies stepped up hiring and stock-building.<span class=\"id-r-component br\" data-pos=\"1\"\/>The seasonally adjusted HSBC India Manufacturing Purchasing Managers\u2019 Index (PMI) rose to 55.1 in September, from 52.8 in August, marking the strongest improvement in the sector\u2019s health in seven months.<!-- --> A PMI reading above 50 indicates expansion, while a reading below 50 signals contraction.<span class=\"id-r-component br\" data-pos=\"5\"\/>The recovery in factory activity was supported by both domestic and overseas demand. Stronger new orders helped drive production higher, with demand across electronics, food, pharma and textiles taking total sales growth to its highest level since February.<span class=\"id-r-component br\" data-pos=\"7\"\/>Export orders also gained momentum during the month, with manufacturers reporting increased business from clients in Brazil, Europe, the UAE and the US.<span class=\"id-r-component br\" data-pos=\"11\"\/>&#8220;India&#8217;s factory sector ended the quarter on a firmer footing. The PMI rose to 55.1 in September, up from 52.8, as stronger domestic and overseas demand lifted sales and production. Hiring resumed at its fastest pace since May, and manufacturers became more optimistic about the months ahead,&#8221; Pranjul Bhandari, chief India economist at HSBC, told PTI.<span class=\"id-r-component br\" data-pos=\"13\"\/>The improvement in demand was accompanied by a renewed increase in factory employment. After a blip in August, job growth resumed in September, with the pace of employment expansion described by panellists as solid and the strongest since May.<span class=\"id-r-component br\" data-pos=\"17\"\/>Manufacturers also became more confident about the months ahead. Output forecasts were upgraded during September, taking overall positive sentiment to a four-month high. The outlook was supported by a healthy pipeline of new enquiries and expectations that strong demand would continue.<span class=\"id-r-component br\" data-pos=\"20\"\/>The expectation of higher future sales also prompted companies to increase their purchases of materials and build inventories. Overall buying activity expanded at a faster pace than in August.<span class=\"id-r-component br\" data-pos=\"22\"\/>&#8220;Companies bought more materials and built up stocks to prepare for anticipated sales. Finished goods inventories recorded their second-largest increase in nearly 12 years, signalling a clear shift from leaner stock levels,&#8221; Bhandari said.<span class=\"id-r-component br\" data-pos=\"25\"\/>Finished goods inventories rose for the third consecutive month. The increase was the second-fastest in 11-and-a-half years, behind July, as manufacturers actively accumulated stocks in anticipation of stronger demand.<span class=\"id-r-component br\" data-pos=\"27\"\/>At the same time, companies faced quicker increases in input costs and selling prices. Despite the acceleration, the rates of inflation remained mild by historical standards.<span class=\"id-r-component br\" data-pos=\"30\"\/>The September reading came as manufacturing activity regained momentum after the slower expansion recorded in August, with the PMI rising by more than two points during the month.<span class=\"id-r-component br\" data-pos=\"33\"\/>&#8220;Holdings of finished products increased for the third month in a row and at the second-fastest pace in 11-and-a-half years (behind July),&#8221; the report said.<span class=\"id-r-component br\" data-pos=\"35\"\/>The HSBC India Manufacturing PMI is compiled by S&amp;P Global based on responses from purchasing managers at around 400 manufacturers.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/indias-factory-growth-hits-7-month-high-in-september-thanks-to-demand-and-hiring-boost\/articleshow\/134610296.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Factory growth hits 7-month high, PMI rises to 55.1 India\u2019s manufacturing activity scaled up sharply in September, as stronger demand pushed up sales and production, while companies stepped up hiring and stock-building.The seasonally adjusted HSBC India Manufacturing Purchasing Managers\u2019 Index (PMI) rose to 55.1 in September, from 52.8 in August, marking the strongest improvement in 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growth hits 7-month high, PMI rises to 55.1 India\u2019s manufacturing activity scaled up sharply in September, as stronger demand pushed up sales and production, while companies stepped up hiring and stock-building.The seasonally adjusted HSBC India Manufacturing Purchasing Managers\u2019 Index (PMI) rose to 55.1 in September, from 52.8 in August, marking the strongest improvement in [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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