NEW DELHI, May 7: India’s manufacturing sector recorded strong expansion in April, driven by higher production levels, increased domestic demand and improved export activity.
Industry data showed growth in automobile, electronics and engineering sectors, reflecting resilient business confidence despite global economic challenges.
Manufacturers also reported higher hiring activity and increased investment in technology upgrades to improve productivity.
Economists said India’s industrial performance continues to benefit from infrastructure spending, supply chain diversification and government production-linked incentive schemes.
However, businesses remain cautious about rising input costs and external market uncertainties affecting exports.
Experts believe sustained policy support and stable inflation could further strengthen manufacturing growth during the current financial year.