Manufacturing PMI rebounds in January, confidence remains muted: HSBC
- Posted on February 2, 2026
- By Financial Express
- 5 Views
Manufacturing PMI rebounds in January, confidence remains muted: HSBC

India’s manufacturing PMI recovered to 55.4 in January from a two-year low, driven by strong domestic demand, higher output and improved hiring, even as export growth slowed and business confidence weakened, HSBC data showed.