2025年6月，汇丰银行印度制造业采购经理人指数为58.4，与闪存数据相匹配，为2024年4月以来的最高水平。产出和购买活动是14个月来增长最快的，而新订单则以近一年来最快的速度增长，这得益于强有力的营销努力和出口的急剧增长。外国需求势头强劲，增长率达到自2005年3月开始收集数据以来的第三高水平，部分原因是美国订单强劲。就业人数以创纪录的速度增长，反映了强劲的商业信心。在成本方面，尽管钢铁价格上涨，但投入价格通胀降至四个月低点。然而，由于许多公司将额外成本转嫁给客户，销售价格显著上涨。与此同时，平均交付周期以五个月来最快的速度缩短。展望未来，尽管对竞争加剧、通货膨胀和消费者偏好变化的担忧有所缓和，但商业乐观情绪仍然乐观。

The HSBC India Manufacturing PMI stood at 58.4 in June 2025, matching flash data and marking the highest print since April 2024. Output and buying activity rose the most in 14 months, while new orders grew at their quickest rate in almost a year, boosted by strong marketing efforts and a sharp rise in exports. Foreign demand gained solid momentum, with its growth reaching the third-highest rate since data collection began in March 2005, driven in part by robust orders from the U.S. Employment rose at a record pace, reflecting strong business confidence. On the cost front, input price inflation eased to a four-month low despite higher iron and steel prices. However, selling prices rose markedly, as many firms passed on additional costs to customers. Meanwhile, average lead times shortened at the fastest pace in five months. Looking ahead, business optimism remained upbeat, though tempered by concerns over rising competition, inflation, and shifting consumer preferences.