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India manufacturing PMI climbs to 54.7 as costs surge and inflation worries intensify
Economy
Published on 4 May 2026
Input prices jump fastest pace since August 2022
India’s manufacturing sector expanded modestly in April, with PMI rising to 54.7 as new orders and production improved and exports stayed strong. But inflation pressure is building: input prices accelerated at their fastest rate since August 2022, with output prices also climbing quickly. Hiring strengthened, hinting at optimism despite the cost shock linked to West Asia tensions.
- PMI rose to 54.7 on stronger orders and production
- Input prices hit fastest pace since August 2022
- Output prices quickened, raising inflation concerns
- Exports and hiring improved, signaling future expansion
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times