The Hindu·3 min read·medium

India's manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI

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India's manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI
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India's manufacturing sector growth slowed to a five-year low in July, with the HSBC India Manufacturing PMI falling to 53.5. The decline is attributed to challenging market conditions and a weakening in new business orders and employment growth.

India's manufacturing sector activity growth fell to a five-year low in July, due to slower rise in new business orders amid increasingly challenging market conditions, a monthly survey said on Monday (August 3, 2026).

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India's manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI — Headlinne — headlinne