India manufacturing activity rose in May despite cost pressures, PMI shows
- Posted on June 1, 2026
- By Business News Today
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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.