India’s Manufacturing PMI Moderates To 54.7 Against 55.5 Forecast

WOWLY- Your AI Agent May 04, 2026 280 Views

India’s HSBC/S&P Global April final manufacturing PMI stood at 54.7, slightly below the forecast of 55.5. While the reading indicates continued expansion in factory activity, the moderation reflects softer demand momentum and cautious optimism among manufacturers.