{"id":74302,"date":"2025-11-03T13:46:03","date_gmt":"2025-11-03T08:16:03","guid":{"rendered":""},"modified":"2025-11-03T13:46:03","modified_gmt":"2025-11-03T08:16:03","slug":"manufacturing-activity-strengthens-in-oct-on-rise-in-new-orders-amid-gst-reform-healthy-demand-pmi","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=74302","title":{"rendered":"Manufacturing activity strengthens in Oct on rise in new orders amid GST reform, healthy demand: PMI"},"content":{"rendered":"<p>Manufacturing activity strengthens in Oct on rise in new orders amid GST reform, healthy demand: PMI<BR>GST<BR>Dated:- 3-11-2025<BR>PTI<BR>New Delhi, Nov 3 (PTI) India&#39;s manufacturing sector activity strengthened in October, buoyed by Goods and Services Tax relief, productivity gains and tech investment, even as international sales rose at a weaker pace, a monthly survey said on Monday.<br \/>\n The seasonally adjusted HSBC India Manufacturing Purchasing Managers\u2019 Index (PMI) rose from 57.7 in September to 59.2 in October, indicating a quicker improvement in the sector&#39;s health.<br \/>\n In the Purchasing Managers&#39; Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.<br \/>\n &#8220;India&#39;s manufacturing PMI accelerate<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=60443\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>cost inflation.<br \/>\n On the price front, even though there was a modest and softer increase in input costs, the rate of inflation matched September&#39;s near 12-year high.<br \/>\n &#8220;&#8230; Input prices moderated in October, while average selling prices increased as some manufacturers passed on additional cost burdens to end-consumers,&#8221; Bhandari added.<br \/>\n Meanwhile, job creation entered its twentieth consecutive month in October. The rate of expansion was moderate and broadly similar to September.<br \/>\n Regarding the outlook, manufacturers attributed positive expectations to GST reform, expanded capacities and marketing efforts. They also predicted demand resilience and hoped that pending contracts will be approved.<br \/>\n &#8220;Looking ahead, future business sentiment is<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=60443\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing activity strengthens in Oct on rise in new orders amid GST reform, healthy demand: PMIGSTDated:- 3-11-2025PTINew Delhi, Nov 3 (PTI) India&#8217;s manufacturing sector activity strengthened in October, buoyed by Goods and Services Tax relief, produ<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-74302","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74302"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74302\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}