{"id":12907,"date":"2025-08-01T11:13:01","date_gmt":"2025-08-01T05:43:01","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=12907"},"modified":"2025-08-01T17:03:37","modified_gmt":"2025-08-01T11:33:37","slug":"indias-manufacturing-pmi-rises-to-16-month-high-of-59-1-in-july","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/indias-manufacturing-pmi-rises-to-16-month-high-of-59-1-in-july\/","title":{"rendered":"India\u2019s Manufacturing PMI Rises to 16-Month High of 59.1 in July"},"content":{"rendered":"<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-testid=\"conversation-turn-6\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"c90616ff-b77f-4947-b340-bdb0454c95e9\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark\">\n<p data-start=\"559\" data-end=\"928\">India&#8217;s manufacturing sector maintained strong momentum in July, with the Manufacturing Purchasing Managers\u2019 Index (PMI) climbing to a 16-month high of 59.1, up from 58.4 in June, according to data released on August 1. This marks the second consecutive month with the PMI holding firmly above the 58-level, reflecting sustained industrial growth.<\/p>\n<p data-start=\"930\" data-end=\"1147\">A PMI reading above 50 indicates expansion in the sector, while below 50 signals contraction. The current level suggests robust factory activity and continued economic resilience, even amid global uncertainties.<\/p>\n<h2 data-start=\"1149\" data-end=\"1184\">Key Factors Behind the Growth<\/h2>\n<p data-start=\"1186\" data-end=\"1230\">The rise in the PMI was largely driven by:<\/p>\n<ul data-start=\"1231\" data-end=\"1393\">\n<li data-start=\"1231\" data-end=\"1284\">\n<p data-start=\"1233\" data-end=\"1284\">Strong domestic demand across various sectors<\/p>\n<\/li>\n<li data-start=\"1285\" data-end=\"1320\">\n<p data-start=\"1287\" data-end=\"1320\">Increased production output<\/p>\n<\/li>\n<li data-start=\"1321\" data-end=\"1353\">\n<p data-start=\"1323\" data-end=\"1353\">Higher inflows of new orders<\/p>\n<\/li>\n<li data-start=\"1354\" data-end=\"1393\">\n<p data-start=\"1356\" data-end=\"1393\">Job creation and inventory build-up<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1395\" data-end=\"1544\">This uptick adds to the growing optimism around India&#8217;s economic trajectory and aligns with recent global recognition of the country&#8217;s performance.<\/p>\n<p>Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/hul-shares-jump-12-in-2-days-as-brokerages-hike-target-prices-after-q1-results\/\">HUL Shares Jump 12% in 2 Days as Brokerages Hike Target Prices After Q1 Results<\/a><\/p>\n<h2 data-start=\"1546\" data-end=\"1587\">IMF Revises India&#8217;s Growth Forecast<\/h2>\n<p data-start=\"1589\" data-end=\"1855\">Reflecting this momentum, the International Monetary Fund (IMF) has raised India\u2019s FY26 GDP growth forecast to 6.4%, up from 6.2% estimated in April. The revision reflects the resilience in manufacturing and services, along with robust consumer demand.<\/p>\n<h2 data-start=\"1857\" data-end=\"1887\">New Risk from US Tariffs<\/h2>\n<p data-start=\"1889\" data-end=\"2060\">However, India\u2019s growth story may soon face headwinds. US President Donald Trump has announced a 25% tariff plus penalty on Indian goods, effective August 1.<\/p>\n<p data-start=\"2062\" data-end=\"2327\">These tariffs, targeting a wide range of Indian exports, could negatively impact the country\u2019s trade performance. Economists estimate this move could drag India\u2019s GDP growth by up to 0.3 percentage points in FY26, depending on the extent of export disruption.<\/p>\n<h3 data-start=\"2329\" data-end=\"2351\">Neutral Analysis<\/h3>\n<ul data-start=\"2353\" data-end=\"2709\">\n<li data-start=\"2353\" data-end=\"2449\">\n<p data-start=\"2355\" data-end=\"2449\">The July PMI reading indicates strong underlying momentum in India&#8217;s manufacturing base.<\/p>\n<\/li>\n<li data-start=\"2450\" data-end=\"2550\">\n<p data-start=\"2452\" data-end=\"2550\">Domestic demand remains a key growth driver, buffering the impact of weaker external demand.<\/p>\n<\/li>\n<li data-start=\"2551\" data-end=\"2709\">\n<p data-start=\"2553\" data-end=\"2709\">While the IMF&#8217;s upgraded forecast signals confidence, external risks like US tariffs could pose near-term challenges to exports and industrial growth.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2711\" data-end=\"2859\" data-is-last-node=\"\" data-is-only-node=\"\">India&#8217;s manufacturing outlook remains positive for now, but developments on the global trade front will be closely monitored in the coming quarters.<\/p>\n<p><i>Click here to explore: <a href=\"https:\/\/www.niftytrader.in\/stocks-price\">NSE Stock Price Today<\/a><\/i><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s manufacturing sector maintained strong momentum in July, with the Manufacturing Purchasing Managers\u2019 Index (PMI) climbing to a 16-month high of 59.1, up from 58.4 in June, according to data released on August 1. This marks the second consecutive month with the PMI holding firmly above the 58-level, reflecting sustained industrial growth. A PMI reading [&hellip;]<\/p>\n","protected":false},"author":7,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-12907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=12907"}],"version-history":[{"count":4,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12907\/revisions"}],"predecessor-version":[{"id":12955,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12907\/revisions\/12955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/12908"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=12907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=12907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=12907"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=12907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}